Three-way bank merger in Qatar aims to close by year end -sources
Executives working on a three-way bank merger in Qatar to create the country's second largest lender expect to finish valuing…
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Qatar Banks Have Sufficient Dollar Liquidity
Qatar top commercial bank executives have said that local banks possess sufficient dollar liquidity, pointing out that withdrawals were limited.…
Visa launches initiative in MENA to foster regional payments innovation and fintech entrepreneurship
Entrants in Visa’s first-ever MENA Everywhere Initiative will have the opportunity to compete for a chance to win up to…
Kuwaiti banks look to customers’ digital needs
Banking in Kuwait is undergoing a digital transformation, as the state’s strongest non-oil economic sector increasingly moves to meet demand…
Qatar banking sector’s robustness proved again: Al-Shaibei
The strength of Qatar’s economy and the robustness of its banking sector were proved beyond doubt yet again with normal…
First Abu Dhabi Bank, etisalat among top Arab companies
First Abu Dhabi Bank, etisalat, and Emirates NBD were ranked third, fifth, and seventh on the list respectively, with Saudi…
Oman Banks Association appoints Ali Hassan Moosa as CEO
Moosa has 24 years of experience in banking as well as the private commercial sector. He has held various…
Federal Reserve plans to raise interest rate
The Federal reserve plans to lift the interest rate once anew later this year and three times next year, reaching…
Kuwait Finance House ‘rolls out’ four innovative banking services – KFH solidifies leadership in banking technology: Al-Obaid
Kuwait Finance House unveiled the launch of a range of innovative e-services in the fields of bank accounts and call…
Qatar National Bank reports healthy liquidity position
Qatar National Bank, the largest bank in the Middle East and Africa, has said no significant outflows of deposits have…
Abu Dhabi investigators foil attempt to steal $173m from UAE bank account
Abu Dhabi’s Public Funds Prosecution and Criminal Investigation Department have foiled an attempt to steal more than Dhs635m ($172.8m) from…
Mortgages set to rise across Gulf region
The cost of mortgages in Saudi Arabia, the UAE and Bahrain are set to rise this week following the decision…