Masraf Al Rayan, Barwa Bank, IBQ call off merger plan
Masraf Al Rayan, Barwa Bank and International Bank of Qatar (IBQ) have called off their proposed three-way merger that otherwise…
Retail Banking
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National Bank of Fujairah to tap debt programme to fund growth
The National Bank of Fujairah, which counts the emirate’s government and Investment Corporation of Dubai among its shareholders, plans to…
Finally, a banking innovation beyond the ATM
When Paul Volcker, ex-chairman of Federal Reserve famously said in 2009 that “the only thing useful the banking sector invented…
Going Public: Saudi firms among world's largest publicly traded companies in Forbes list
Seven Saudi firms were featured in Forbes Global 2000- the 16th annual list of the world’s largest publicly traded companies…
FAB Surrenders its License to Market Non-Omani Securities in the Sultanate
First Abu Dhabi Bank has received approval from Oman’s Capital Market Authority on its request to surrender its license to…
Bank Muscat and Newgen Software Receive The Asian Banker Financial Technology Innovation Awards, 2018
Bank Muscat, the flagship financial services provider in the Sultanate of Oman, and Newgen Software have been awarded the Best…
Bahrain fintech firm PIE wins Mastercard licence
Payment International Enterprise, one of the largest fintech companies in Bahrain, has announced that it has become a principal licensee…
Qatar's Commercial Bank ends UAB stake sale talks with Tabarak
Qatar’s Commercial Bank (CBQ) said on Sunday it has ended talks with United Arab Emirates-based Tabarak Investment to buy its…
World Union of Arab Bankers Awards 'Samba' Arab Bank of the Year
World Union of Arab Bankers has named Samba Financial Group for Arab Bank of the Year Award 2018 in recognition…
Qatar remains conducive to new businesses despite siege, says QDB official
Qatar continues to thrive as a favourable environment for new businesses, including micro, small and medium-sized enterprises (SMEs) and start-ups,…
Mashreq applies for Saudi banking licence
Within the Saudi 2030 vision, Mashreq sees opportunities in consumer and corporate banking, reported Reuters. This follows moves by…
Algosaibi signs grant agreement with Ebdaa Bank
Algosaibi Holding Group, a leading investment company in the region, has signed a grant agreement with Ebdaa Bank, as a…