Oman Arab Bank appoints new acting CEO
The Board of Directors of Oman Arab Bank has announced its endorsement of the CEO Amin Al Husseini’s recommendation to…
Retail Banking
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QIB the first bank in Qatar to implement Face ID for mobile app
Qatar Islamic Bank, has introduced facial recognition capabilities, Face ID, in its iOS and Android Mobile App, making it the…
First Abu Dhabi Bank: Still much to prove
For as long as anyone can remember, the Middle East’s banks have been ripe for consolidation, yet large mergers have…
Bank Muscat staff honoured at 35th anniversary celebrations
Bank Muscat, the flagship financial services provider in the sultanate, hosted a grand ceremony at the head office to mark…
Dubai Financial Market welcomes listing of Bahrain’s Khaleeji Commercial Bank
Dubai Financial Market, DFM, today announced the listing of Bahrain’s Khaleeji Commercial Bank, KHCB, as trading commenced on the bank’s…
Cryptocurrency withdrawals now available at ATMs in the UAE
NCR Corporation on Tuesday announced that it has teamed up with CoinHub, a cryptocurrency exchange in the UAE, to enable…
National Bank of Kuwait eyes Saudi expansion
National Bank of Kuwait is to hire hundreds of new staff and open branches in Saudi Arabia and Egypt. …
Kuwait's Largest Lender Plans Saudi Arabia, Egypt Expansion
National Bank of Kuwait, the country’s largest lender, plans to hire hundreds of bankers and open more branches in Saudi…
Gulf Bank Wins ‘Credit Risk Technology Implementation of the Year’ from Asian Banker
Gulf Bank is pleased to announce it has been awarded the ‘Credit Risk Technology Implementation of the Year in the…
Ithmaar Bank's retail banking subsidiary Faysal Bank Limited reports net profit of $36.3 million
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced that its retail banking subsidiary in Pakistan, Faysal Bank Limited (FBL), has…
UAE banks refuse to accept coins for deposit or exchange
Commercial banks in the UAE refuse to exchange coins with banks notes or vice-versa and also don't accept coins from…
UAE banking assets forecast to grow in 2018
Asset growth at UAE commercial banks will accelerate in 2018, underpinned by stronger economic activity, according to a new forecast…