Al Rayan Bank appoints new chief operations officer
Venkat Chandrasekar has joined Al Rayan Bank as chief operations officer to oversee the bank’s frontline functions. An operations…
Retail Banking
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Qatari bank trio in talks for potential $44 bln merger
Qatari banks Masraf Al Rayan, Barwa Bank and International Bank of Qatar have begun initial talks for a potential merger,…
Emirates NBD launches edutainment mobile simulation game to promote financial literacy
Through its highly engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young…
Standard Chartered launches Islamic saving accounts
Standard Chartered Bank, a leading multinational banking and financial services company, has announced the launch of Islamic saving accounts for…
Central Bank Approves Requests Of A Number Of Banks To Expand Activities And Open New Branches
The Board of Directors of the Central Bank of the UAE has approved a number of applications of banks and…
Ithmaar wins WIBC award for top Islamic bank
Ithmaar Bank, a Bahrain based Islamic retail bank, was singled out among the world’s Islamic banks for a prestigious international…
Hug wins Dubai Commercial Bank brief
UAE agency Hug Digital has won the brief to launch the Commercial Bank of Dubai’s new digital-only banking brand CBD…
Three Gulf c.banks hike rates to avert currency pressure after Fed move
Saudi Arabia, Kuwait and Bahrain raised interest rates within minutes of the U.S. Federal Reserve's decision to do so on…
Gulf Bank wins ‘Enterprise Risk Technology Implementation of the Year in the Middle East’
Gulf Bank is pleased to announce that it has been awarded the ‘Enterprise Risk Technology Implementation of the Year in…
Al Salam Bank-Bahrain launches new Visa card
Al Salam Bank-Bahrain, one of the pioneering Sharia compliant banks in the kingdom, has launched its new Visa Infinite Credit…
Japan's Bank of Tokyo-Mitsubishi to open branch in Saudi Arabia
Bank of Tokyo-Mitsubishi UFJ has received a licence to open a branch in Saudi Arabia, becoming the first Japanese bank…
Customer trust in UAE banks on the rise despite challenges
Perceptions about the UAE’s banking sector remain healthy, with the majority of customers believing that banks are positively dealing with…