Retail Banking

Financial Results

Mashreq's 9M 2024 profit before tax rises 9% YoY to AED 6.5bln, reflecting strong business activity in a healthy business environment

October 30, 2024

Increased operational activities drives revenue growth: Net Interest Income (NII) increased by 13% year-on-year, propelled by sizable balance sheet expansion…

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Retail Banking

Ewpartners forms strategic partnership with the Saudi National Bank to enhance banking services in Saudi Arabia

October 29, 2024

On October 23, at the Seamless Saudi Arabia event, ewpartners and the Saudi National Bank (SNB) announced a strategic partnership.…

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Retail Banking

Kuwait International Bank joins Afaq GCC payment system

October 28, 2024

Kuwait International Bank  has announced that it has joined the Afaq GCC payment system, offering customers a fast, secure, and…

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Retail Banking

Emirates NBD and Partior team to redefine cross border payments

October 25, 2024

Emirates NBD, a banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has entered into a strategic…

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Retail Banking

UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

October 25, 2024

SMEs are a critical component of the UAE’s economy, accounting for over 95% of all enterprises and employing 86% of…

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Financial Results

Abu Dhabi Commercial Bank's 2024 9-month net profit at Dh6.8b

October 24, 2024

The Abu Dhabi Commercial Bank rang in a strong 30% growth in profit before tax for the first nine months…

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Retail Banking

FAB Asset Management raises $200 million through launch of fixed maturity portfolio

October 24, 2024

​First Abu Dhabi Bank has raised almost US$200 million assets under management (AUM) through a new Fixed Maturity Portfolio (FMP)…

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Retail Banking

Bahrain’s GFH appoints lead managers, book runners for upcoming sukuk

October 22, 2024

Bahrain’s GFH Financial Group has mandated joint lead managers and book runners for its $500 million senior sukuk, which is…

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Comment & Analysis

Al Ahli Bank of Kuwait: Customers to regularly update their personal banking information

October 22, 2024

Al Ahli Bank of Kuwait is committed to enhancing banking awareness within the local community through the ‘Let’s Be Aware’…

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Retail Banking

FAB posts third-quarter profit rise on international revenue boost

October 21, 2024

First Abu Dhabi Bank, the UAE's largest lender by assets, reported a nearly 5 per cent annual increase in its…

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Retail Banking

Oman’s credit balance reaches $81.6bn in August

October 21, 2024

Oman’s total credit balance in the banking sector grew 3.3 percent in August, reaching 31.4 billion Omani rials ($81.6 billion),…

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Retail Banking

Dubai Islamic Bank’s Access auto finance for people of determination

October 18, 2024

Dubai Islamic Bank , the largest Islamic bank in the UAE, announced the launch of ACCESS Auto Finance, a bespoke…

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