Indian banker found dead after missing for a week in UAE
A bank employee who went missing for a week was found dead in Abu Dhabi. His body was kept in…
Retail Banking
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Bank Muscat's H1 Net Profit Rise 6.4% To RO90MN
Bank Muscat posted a net profit of RO89.7mn for the six months period ended June 30, 2018 compared to RO84.31mn…
Commercial Bank of Dubai signs acquiring porcessing deal with Network International
Commercial Bank of Dubai (CBD) and Network International, the leading payment solutions provider in the Middle East and Africa, recently…
HSBC, Credit Suisse to advise on Kuwait's KFH, Bahrain's AUB merger talks
HSBC and Credit Suisse have been selected to advise on a possible merger between Ahli United Bank (AUB) and Kuwait…
Qatar National Bank second-quarter net profit rises 5.7%
Qatar National Bank reported a 6.3 percent increase in second-quarter net profit on Wednesday, as a rise in net interest…
Portugal’s Novo Banco completes sale of controlling stake in Cabo Verde bank
Portuguese bank Novo Banco has completed the process of selling a 90% stake in Banco Internacional de Cabo Verde to…
NBK reports net profits for 1H 2018
Al-Sayer: NBK on track to record another year of record profits 1H 2018 profits reaffirms our focus on core banking…
NBB completes first phase of AWS Cloud adoption
National Bank of Bahrain has announced the successful completion of the first phase of its cloud adoption with the migration…
Bank Muscat unveils new digital banking services for corporates
Oman-based Bank Muscat has reinforced corporate banking services by advancements in digitalisation and technology, reported a local daily Oman Observer.…
FSI Middle East wins contract to provide FM software solutions to Al Rajhi Bank
FSI Middle East has been appointed to supply and deliver CAFM software to Al Rajhi Bank located in Saudi Arabia.…
Al Baraka Bank moves towards digitalization
Al Baraka Bank (Pakistan) Limited has selected BenchMatrix to implement an automated regulatory compliance risk management system that would further…
Bank Nizwa unveils reduced property financing rate
Bank Nizwa has announced a new reduced rate of 5.25 per cent for ready property financing, in a move aimed…