Dar opens MCB branch in Dubai
Finance Minister Mohammad Ishaq Dar has inaugurated a branch of MCB Bank in Dubai heralding its first wholesale banking operations…
Retail Banking
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Oman's Bank Sohar and Bank Dhofar plan due diligence on proposed merger
Oman's Bank Sohar and Bank Dhofar have entered into a non-binding agreement on a proposed merger, the duo said, in…
UAE personal loans hit Dh1.3 trillion in one year
Personal borrowing in the UAE is again picking up with the amount of loans granted to UAE residents in the…
Germany's first interest-free Islamic bank opens in Frankfurt
Germany has opened its first Islamic bank representing a full range of banking services in accordance with the laws of…
CBI appoints new Head of Islamic Banking
Commercial Bank International (CBI) has announced the appointment of Mamoon Abdel Kader as its new Head of Islamic Banking. Mark…
Public perception of Israeli banks is not accurate
Governor of the Bank of Israel Karnit Flug says Israeli banks' profits are not excessive. "I know that some…
Oman's Bank Sohar, Bank Dhofar plan due diligence on proposed merger
Oman's Bank Sohar and Bank Dhofar have entered into a non-binding agreement on a proposed merger, the two lenders said…
Mashreq launches UAE's first certification program towards Sales Integrity & Ethics
Reflecting its unwavering efforts to ensure the implementation of high standards in all its propositions and delivery to its customers,…
National Bank of Oman decides not to buy United Finance
National Bank of Oman has walked away from talks to buy United Finance after due diligence, it said on Tuesday.…
UAE banking sector to witness consolidation in retail and SME business
The UAE’s banking sector is expected to go through a period of consolidation this year in their retail and small…
Etisalat And NBAD Join Forces To Launch Mobile Cashier
Etisalat, one of the UAE’s leading telecommunication operators, and the National Bank of Abu Dhabi, NBAD, have partnered to jointly…
Banks in Oman back calls for avoiding debt pitfalls
Banks in Oman believe that ease of access to financing and a wider range of options have enhanced the experience…