Mashreq Bank partners with Union Pay to increase online card acceptance in the UAE
With online trading on the rise in the UAE, global payment network UnionPay International and Mashreq Bank have announced a…
Retail Banking
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Kuwait’s Burgan Bank in early talks for $350 mln loan refinancing – sources
Kuwait’s Burgan Bank, the country’s third largest lender by assets, is in early discussions with banks for the refinancing of…
UAE Banks Federation Chairman hosts US Treasury Secretary, US Ambassador to the UAE in Abu Dhabi
Abdul Aziz Al Ghurair, Chairman of the UAE Banks Federation, UBF, a professional representative body comprising 48 member banks operating…
Slump in lending poses profit challenge for Saudi banks
Saudi Arabia’s largest banks reported a drop in loans in the third quarter as credit growth stalled due to a…
Oman to harness power of blockchain technology for economic development
A high-profile grouping of Omani ministries and government institutions have teamed up to organise the Sultanate’s first symposium on Blockchain…
Bank Sohar Mobile App Continues To Be Popular
Bank Sohar’s one-minute mobile banking app redefines wireless banking, bringing added convenience and speedy service to customers anytime, anywhere. …
Mideast Stocks-Saudi soft again, Emaar and DSI hold back Dubai
Saudi Arabia's stock market fell on Tuesday despite a big rebound by petrochemical company PetroRabigh, while Dubai Investments helped offset…
Emirates NBD reports nine-month net profit of Dh6.17 billion, up 15 per cent
Emirates NBD, delivered a strong set of results with net profit up 15 per cent to Dh6.17 billion for the…
KIB achieves KD 13.5m net profit for 9 months of 2017
Kuwait International Bank has reported a net profit for the period ended 30 September 2017, amounting to KD 13.5 million,…
NBK Signs Cooperation Agreement with KFIC
Al Fulaij: First of its kind banking solutions in Kuwait and the Gulf Al Bahar: Card is the smart…
HSBC CEO says bank interested in financing Saudi NEOM project
HSBC’s CEO Stuart Gulliver confirmed the bank's interest in significantly financing the massive NEOM project, highlighting the economic benefits of…
Bahrain-based Bank ABC closes aircraft financing for DAE Capital
Bahrain-based Bank ABC, acting as sole mandated lead arranger, has closed the financing of an Airbus A320-200 aircraft for DAE…