UNB expects better growth for banking sector this year
The banking sector is expected to grow around five to 10 per cent this year amid signs of steady economic…
Retail Banking
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Credit Agricole picks JPMorgan for Banque Saudi Fransi sale
French bank Credit Agricole has picked JPMorgan to advise it on a potential sale of its 31 percent stake in…
Mashreq Qatar launches unique offers for premium segment customers
Mashreq Qatar has announced “unique offers” for its premium segment Mashreq Gold customers. The service is designed to attract…
Gulf Bank concludes Annual General Meeting
Gulf Bank concluded its Annual General Meeting at the Jumeriah Messilah Hotel Kuwait yesterday. Shareholders approved the Bank’s audited…
Dubai outperforms in mostly quiet market; Bank Doha extends slide
Dubai's stock market was the top performer and Qatar's Bank Doha extended falls in an otherwise mostly quiet Gulf region…
Gulf Bank records a profit of KD 43 million
Gulf Bank concluded its Annual General Meeting at the Jumeriah Messilah Hotel Kuwait yesterday. Shareholders approved the Bank’s audited…
UAE's Union National Bank to open China branch, expand in Egypt
Union National Bank, 50 percent owned by the Abu Dhabi government, will open its first branch in China next month,…
Oman’s Bank Muscat signs $525 million loan – sources
Bank Muscat, Oman’s largest bank by assets, has signed to obtain a $525 million syndicated loan, banking sources said. …
Doha Bank set to raise capital by 20% through a rights issue
Doha Bank's extraordinary general meeting has approved the board's proposal to 'raise capital by 20% up to QR3.1bn from QR2.58bn…
One Global launches secure mobile app for digital finance transactions
Kuwait-based One Global has launched a mobile app as a single, secure platform for all digital financial services across the…
Kuwait’s Warba Bank sets initial price guidance for dollar sukuk
Kuwait’s Warba Bank has set initial price guidance in the high 6 per cent area for its planned US dollar-denominated…
Third bank joins instalment plan for traffic fines
A third bank, First Gulf Bank, has also opened a window where its credit card holders can pay traffic fines…