Bank Muscat launches $500m bond
Oman’s largest bank by assets had met investors in the Middle East, Asia and Europe earlier this month, before opening…
Retail Banking
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Central Bank of Bahrain launches secure network for retail banks
A secure private network connecting all retail banks in Bahrain with the Central Bank of Bahrain has been launched by…
Creditors look to sell Saudi Arabia's Al-Gosaibi debt on rising price -sources
Bahrain-based Gulf International Bank has sold its 513.6 million riyals ($137 million) claim against Ahmad Hamad Al-Gosaibi and Brothers, which…
ABK-Egypt’s net operating profit grows 206%
Building on its strong performance since entering the Egyptian Market, Al-Ahli Bank of Kuwait – Egypt (ABK-Egypt) yesterday announced its…
Dubai digital bank allows you to split bills via social media
Liv., the lifestyle digital bank by Emirates NBD, on Tuesday announced two new features within its mobile app, allowing customers…
OAB boosts operational efficiency with ‘Mirsal’
In line with its constant efforts to promote efficiency within the workplace in order to achieve higher levels of customer…
Commercial Bank to increase investment in Turkish subsidiary
Commercial Bank Group has committed to put in another $300mn of capital to “support the growth and development” of its…
Doha Bank wins ‘Best Local Bank in Qatar’ award
Doha Bank has won the ‘Best Local Bank in Qatar’ award during the EMEA Finance Middle East Banking Awards 2017…
Bank initiative seeking to remove Dh65.4 billion in cash from UAE streets
Maki Vekinis, the managing director of Emirates Digital Wallet, wants to take Dh65.4 billion off the streets of the UAE…
Doha Bank’s Seetharaman chosen ‘CEO of the Year’
Doha Bank CEO Dr R Seetharaman won the “CEO of the Year” for bringing “transformational leadership” in Doha Bank with…
Bank Muscat mandates banks for dollar bond issue
Bank Muscat, Oman’s largest lender, has mandated banks to arrange a five-year, US dollar-denominated benchmark bond issue, according to a…
Exclusive Interview: EBRD to invest at least €1B in Egypt in 2018
Thanks to the bold economic reform program launched by the authorities in November 2016, the European Bank for Reconstruction and…