Bank ABC announces key UAE appointment
Bahrain-based Bank ABC, a leading international financial group in the region, has announced the appointment of Ammar Khalil as the…
Retail Banking
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Russian bank VEB opens office in Abu Dhabi
Vnesheconombank (VEB), a Russian development bank, has opened its representative office in Abu Dhabi, UAE as part of its Middle…
Mashreq announces new Head of Marketing & Mashreq NEO
Mashreq Bank, the UAE’s leading financial institution, announced the joining of Sridhar Iyer as Head of Marketing & Head of…
Dubai's Mashreq applies for Saudi banking licence
Mashreq, Dubai’s third-largest bank by assets, has applied to Saudi Arabia’s central bank for a banking licence as it seeks…
High profitability underpins UAE banking sector
The UAE’s banking sector has remained largely resilient to the decline in oil prices and it impact on government finances…
Mashreq launches Poynt Smart Terminals in UAE
Mashreq Bank in collaboration with Waypoint Systems announced the launch of Poynt Smart Terminals, offering an exciting range of features…
Commercial Bank, QFC sign MoU for strategic partnership
Commercial Bank and the Qatar Financial Centre have formed a strategic partnership where Commercial Bank will be the preferred bank…
Israeli banks financing illegal settlements
Israel’s banks are providing services that “help support, maintain, and expand unlawful settlements” by financing their construction in the occupied…
Global Retail Banking 2018: The Power of Personalization
You could more easily find a yachtsman willing to sail into a sustained 40-mile-an-hour headwind than a retail bank trying…
Qatari banks exposed to new banking bad loan rules
Qatari banks have been hardest hit by new accounting rules aimed at ensuring Gulf lenders have put enough aside to…
Omani lenders seek to join merger wave in Mideast banking
The wave of consolidation among banks in the Gulf is spreading to Oman from Saudi Arabia, the UAE and Qatar.…
Al Ahli Bank of Kuwait seeks acquisitions as Gulf lenders merge
Al Ahli Bank, which bought Piraeus Bank Egypt in 2015, is seeking to increase income from non-domestic operations to about…