ADCB confirms merger talks with UNB, Al Hilal Bank
Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) both confirmed on Tuesday that they are in early talks…
Retail Banking
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Oman Arab Bank appoints CEO
The Board of Directors of Oman Arab Bank (OAB) announced yesterday the appointment of Rashad Ali Al Musafir in the…
Bank Nizwa partners with Axis Bank
Bank Nizwa partnered with Axis Bank, India’s third largest private sector bank, to provide its customers with fast, convenient, and…
Oman Arab Bank conducts induction course for new Omani staff at head office, branches
As part of its continued support of Omanisation within the banking sector, Oman Arab Bank, recently conducted an induction course…
Barwa Bank, International Bank of Qatar ink merger agreement
Barwa Bank and International Bank of Qatar (IBQ) have signed a final agreement to merge their banking operations to create…
Ample liquidity in UAE banking as deposits rise
Deposits with the UAE banks increased while credit growth remained flat in July, indicating ample liquidity in the local banking…
Barwa Bank, International Bank of Qatar agree to merge
Barwa Bank and International Bank of Qatar (ibq) have reached a final merger agreement, creating a Shariah-compliant financial institution with…
FAB Celebrates Emirati Women’s Day 2018
First Abu Dhabi Bank, the UAE's largest bank and one of the world's largest and safest financial institutions, celebrated Emirati…
InvestBank CEO to step down
InvestBank said on Monday its chief executive officer Sami Farhat will step down from September 13, 2018. Fahrat had…
Saudi trims gains; banks send Qatar 3.8 pct higher
The Saudi market ended on a positive note for the second day in a row, while a 6 percent gain…
Egypt to borrow $750m from international banks
Egypt’s state-owned Banque Misr seeks to borrow $750 million from international banks and institutions over the current financial year 2018-19,…
Bank Sohar closes $250m loan facility
Bank Sohar has closed a $250 million three-year syndicated loan facility in a move to extend financing solutions for Oman’s…