Fitch affirms ratings for five Bahraini banks
The Outlooks on the banks' Long-Term IDRs are Stable except GIB's which is Negative. A full list of rating actions…
Retail Banking
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Abu Dhabi Rallies on Bank merger speculation; Saudi, Egypt rebound
Abu Dhabi bank shares surged on Wednesday because of renewed speculation that the government might merge more banks as part…
Middle East Shares Advance, Abu Dhabi Jumps on Speculation of More Bank Mergers
MidEast stocks rose, with Abu Dhabi rallying on renewed speculation the government might merge more banks as part of an…
Federal Bank to expand overseas footprints
Federal Bank, a leading Indian private sector banks, opened its second UAE representative office in Dubai as part of a…
Doha Bank's Board will submit a recommendation to the EGM to raise the capital of the bank by 20%
H.E. Sheikh Fahad Bin Mohamed Bin Jabor Al-Thani, Chairman of Doha Bank, disclosed that the Board of Directors has resolved…
Abu Dhabi Islamic Bank Partners With NCR To Enhance Service To Visually Impaired Customers
NCR Corporation, a global leader in omni channel solutions, announced that Abu Dhabi Islamic Bank, the country’s leading financial institution,…
Largest Wealth Fund Finds Value in Israeli Banks After Job Cuts
Israeli banks, criticized for years as wasteful by their regulator, are attracting interest from the world’s top investors after announcing…
Egypt, Saudi bourses hit by profit-taking
Profit-taking hit stocks in Egypt and Saudi Arabia on Monday following strong rallies in both markets, while general weakness in…
Qatar's Doha Bank picks banks for conventional bond issue -sources
Doha Bank, Qatar's fifth largest lender by assets, has picked banks for a conventional bond issue, banking sources said on…
AUB named ‘Best Private Bank in Bahrain 2016’
Ahli United Bank has been named “Best Private Bank in Bahrain” at the prestigious Global Private Banking Awards 2016 ceremony…
Industrial and Commercial Bank of China /ICBC/ celebrates listing of a 400 million USD bond on Nasdaq Dubai
Wang Hongbo, Executive Vice President of China Foreign Exchange Trade System, rang the market opening bell on 13 Nov 2016…
Gulf banks could lose access to dollar clearing, UAE c.banker warns
Commercial banks in the Gulf could lose their ability to have dollar trades cleared through the US banking system, increasing…