DIFC wants to double number of Indian banks it hosts
Dubai’s financial hub is in talks to double the number of Indian banks in the free zone as wealth managers…
Retail Banking
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Fitch revises outlook on four Saudi banks to Negative from Stable
Fitch Ratings has revised the Outlooks on Al Rajhi Bank ( ARB ), National Commercial Bank ( NCB ), Riyad…
Dubai first half corporate earnings surge to $4.1b
Driven by strong banking sector growth Dubai's corporate earnings expanded 3.7 per cent year-on-year to 4.1 billion in the first…
Hapoalim, Leumi must sell credit card units -Israel bank regulator
Israel's two largest banks, Hapoalim and Leumi, will have to sell off their credit card businesses as part of a…
Kuwait’s banks maintain strong momentum
The total assets of banks in Kuwait rose 12.2% year-on-year y-o-y to KD66.4bn $220bn in 2014, according to July report…
Delegation flies to Middle East to gauge interest in Woori Bank
A group of high-profile financial officials from Korea flied to the Middle East on Sunday to check foreign demand for…
SCW, Al Baraka Banking Group discuss cooperation
Supreme Council for Women (SCW) Consultant in Integrating the Needs of Women in the Private Sector Sabah Almoayyed, Acting Director…
Middle East hunt for Woori buyers
Jeong eyes rich state funds of Abu Dhabi to invest in institutionAug 28,2015 Middle East-based funds including Abu Dhabi’s…
CBE approves CIB’s acquisition of Citibank retail portfolio
The Central Bank of Egypt approved, on Tuesday, the Commercial International Bank’s acquisition of Citibank Egypt’s private retail banking portfolio.…
Competition Between UAE Banks Ramps Up
Increased competition among banks in the United Arab Emirates is eroding margins and pushing lenders in the second-largest Arab economy…
Mashreq Qatar is ‘Best Digital Bank’
Mashreq Qatar has been recognised as “Best Digital Bank in Qatar 2015” for the seventh consecutive year by New York-based…
Commercial Bank of Dubai plans $750m Tier 1 bond
Commercial Bank of Dubai (CBD) said on Tuesday it plans to raise up to $750 million in capital boosting perpetual…