Big banks to shed 3,345 jobs
The six largest banks in Israel will spend a total of NIS 2.9 billion on early retirement programs over the…
Retail Banking
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Dubai's Shuaa Capital buys 14 percent stake in Bahrain's Khaleeji Commercial Bank
Shuaa Capital, a leading financial services firm in the UAE, has concluded a 14 per cent of ownership stake in…
Ahlibank opens branch at Crowne Plaza Doha
Ahlibank has relocated its Al Mansoura branch to new premises at Crowne Plaza Doha – The Business Park, on Airport…
EDB approves $204m Emirati housing loans
The Emirates Development Bank has approved an estimated budget of Dh750 million, $204 million for 2017 to finance housing loans…
Ashurst acts on advising for major Jordan wind farm
Ashurst advised the lenders on the successful closing of the Fujeij wind farm project in Jordan, which reached financial close…
The UAE's retail banking industry has witnessed several interesting developments this year.
The slowdown in oil prices has impacted every aspect of the financial services sector, but the UAE's diversified economy and…
Alinma partners to renew their cards thru ATMs
Alinma Bank announced the launch of Alinma “MADA” Card and “Purchase Credit Card” replacement and renewal service, as well as…
Kuwait's NBK, KAMCO invited to participate in Kuwaiti sovereign bond issue
National Bank of Kuwait, the Gulf Arab state's largest commercial lender, and investment firm KAMCO said they had been invited…
“Markaz” successfully closes a five-year KWD 25 million bonds issue
According to a joint statement by Kuwait Financial Centre and Gulf Bank, this extensive demand reflects the investors’ trust in…
Banque du Caire to open 18 new branches in 2017: chairperson
Banque du Caire plans to open 14 new branches during 2017 in a number of governorates, according to CEO and…
UAB chief vows to fight money laundering, terror financing
Chairman of the Union of Arab Banks Sheikh Mohammad Al-Jarrah Al-Sabah said on Monday that UAB is firm on dealing…
Loan demand set to remain strong in Qatar, says BMI
Despite the weaker macroeconomic environment, the demand for loans will remain strong in Qatar, driven by the government’s financing need…