ABK wins ‘Best Bank Transformation in ME’ award
Al Ahli Bank of Kuwait (ABK) received the ‘Best Bank Transformation in the Middle East’ award at the Euromoney Award…
Retail Banking
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QIIB gets again ‘STP Award’ from Citi
QIIB’s high percentage of Straight Through Processing for its foreign payments has earned it again the “STP Award” from Citi,…
QIB recognised as ‘Best Bank in Qatar’
Qatar Islamic Bank has received the “Best Bank in Qatar” award at the 2016 edition of the “Euromoney Awards for…
HSBC Lebanon acquisition delayed by staff negotiations
Lebanon is still holding talks with its staff before deciding on which Lebanese bank will acquire its retail operations in…
Bank Sohar launches new 'Mobile Banking App'
Bank Sohar has launched their new Mobile Banking App for its conventional as well as Islamic Banking — Sohar Islamic…
Mid East Dept-Obstacles could derail Middle East bond train
The Middle East has had a triumphant quarter, with US$21bn of debt placed since April 1, but the market is…
Dubai bank Emirates NBD in Dhs 500m digital push
Dubai’s biggest bank Emirates NBD announced on Wednesday that it will invest Dhs 500m over the next three years into…
Emirates NBD to target millennials with $136M digital strategy
Emirates NBD, one of the leading banking groups in the region, has announced that it will invest Dh500 million ($136…
Awards of Gulf Economic Projects Fall But Above Crisis Levels -ADCB
Awards of major economic projects in Gulf oil-exporting states have dropped this year but remain above levels seen during the…
New Islamic Bank to open in the Palestinian territories
A new Islamic bank will open in the Palestinian territories later this year, and it began selling shares to the…
Ahli Bank appoints new deputy CEO for retail banking
Ali Bank has appointed Hassam Ahmed al-Efrangi as deputy chief executive of retail banking division. “His appointment is line…
Oman's Bank Sohar says acting CEO has resigned for personal reasons
The acting chief executive of Oman's Bank Sohar has resigned for personal reasons, the lender said in a bourse statement…