HSBC Bahrain named top trade finance provider by Euromoney
HSBC Bahrain has been recognized as the Best Trade Finance Provider in the country, securing the top position for the…
Retail Banking
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Mashreq and First Abu Dhabi winning bank efficiency race
Dubai’s Mashreq bank, the UAE’s fifth-largest by assets, slashed its cost-to-income ratio, an important banking metric, last year thanks to…
Qatar commercial banks’ assets up 3.3% to $560bln in January
The total assets of commercial banks operating in Qatar witnessed a surge to reach over QR2 trillion in January 2025…
Bank Nizwa’s focus on excellence, innovation, and social responsibility earns top honours at IFN Awards
Once again demonstrating its industry preeminence, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman,…
Khaleeji Bank Offers Daily BD 1,000 Cash Prizes to “Al Waffer” Account Holders
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has announced the launch of a prize…
Development Bank portfolio reaches 509 educational loans totaling RO18.8mln by end of 2024
Development Bank had 509 active educational loans in its portfolio, totaling approximately RO18.8 million by the end of 2024. Backing…
Telr and Bank AlJazira Partner to Advance Digital Payments in Saudi Arabia
Telr has partnered with Bank AlJazira to enhance digital payment solutions for its merchants, supporting Saudi Arabia’s push toward a…
Egypt’s banking sector sees 27% growth in deposits and credit facilities
Egypt’s banking sector recorded a 26.9 percent rise in total deposits in the 2023/2024 fiscal year compared to the previous…
CIB Successfully Closes EGP 7Bn Sukuk Issuance For Tasaheel
The Commercial International bank has successfully completed an EGP 7bn non-sovereign Sukuk issuance for“Tasaheel” for Finance, through Alkan Securities. It…
Weyay Bank opens the doors to digital financing: Fully digital loans for the first time in Kuwait
In a new step that is the first of its kind towards enhancing digital financing in the banking sector, Weyay…
HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid…
Emirates NBD to issue $1bln AT1 capital securities priced at 6.25%
Emirates NBD is to issue $1 billion AT1 capital securities priced at 6.25% on Euronext Dublin and Nasdaq Dubai next…