The Case For Consolidation In The UAE's Banking Sector
First the international banks started to pack up or consolidate their services in the UAE. Now local banks are also…
Retail Banking
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Gulf Bank Wins ‘Best Commercial Bank of the Year’ and ‘Best Innovation in Retail Banking’ in Kuwait from International Banker
Gulf Bank recently announced that it received two coveted awards from International Banker for ‘Best Commercial Bank’ and ‘Best Innovation…
Doha Bank launches Ramadan promotion
Doha Bank has unveiled a new promotion that offers generous cash back rewards to customers when they perform Western Union…
NBAD-FGB Merger: Step towards needed overhaul of regional banking sector
With confirmation coming in around the talks of a potential merger between National Bank of Abu Dhabi and First Gulf…
PM to name VPs for Egypt's third biggest lender 'within days'
Egypt's Prime Minister Sherif Ismail will name within days two key banking officials as vice chairpersons of the country's third…
Fitch affirms ratings of five Omani banks; outlooks revised to negative
Fitch Ratings has affirmed Bank Muscat's long-term issuer default rating at BBB+ and National Bank of Oman's, BankDhofar's, Bank Sohar's…
BankDhofar Wins Best Retail Bank in Oman at The Banker Middle East Industry Awards 2016
In recognition of its remarkable drive to boost the financial sector in the Sultanate through innovative products and best-in-class banking…
Abu Dhabi Banks Said in Talks to Form Biggest Mideast Lender
National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC are exploring a potential merger to create the largest…
Oman banks’ merger to strengthen financial sector
Oman’s banking sector is expected to gain from the planned merger between Bank Dhofar and Bank Sohar, resulting in the…
Qatar National Bank says completes acquisition of Turkey's Finansbank
Qatar National Bank has completed the acquisition of Turkey's Finansbank, the Gulf's largest lender said in a statement on Wednesday.…
Ithmaar Bank continuously backs WIBC
ITHMAAR Bank, a Bahrain-based Islamic retail bank, announced Tuesday its support for a major international Islamic banking conference that will…
Iran in talks with Chinese and Russian banks on finance hub plan
Iran plans to set up a financial centre on the free zone at Qeshm island as it seeks to attract…