“Aafaq” wins the award for the best Finance Provider 2014
Specialized in Islamic finance solutions and Governmental Electronic services, Aafaq Islamic Finance has won the award for the best finance…
Retail Banking
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Burgan Bank Wins "International Diamond Star for Quality" Award From Business Initiative Directions
December 2014: Burgan Bank announced that is has recently won again and for the second year, the prestigious "International Diamond…
ADIB named GCC’s and UAE’s Best Bank for Customer Experience
Abu Dhabi Islamic Bank has been named the GCC’s “Best Overall Bank” in Customer Experience at the 2014 Bank Benchmark…
GCC business houses need to integrate new accounting standards at an early stage: EY
The business houses, particularly the banking sector, in the Gulf Co-operation Council (GCC) need to integrate new accounting standards at…
Al Baraka Banking Group plans Islamic bank in Morocco
Dr Adnan said Al Baraka is working to obtain legal approvals for the new bank and is currently consulting with…
CR2, Bank of Sharjah team to intro one of UAE's first Windows 7 ATM networks
Bank of Sharjah, has become one of the first major banks of the United Arab Emirates to complete an ATM…
Qatar National Bank appoints new CEO effective immediately
Qatar National Bank, the largest Middle East lender by assets, has appointed Ali al-Kuwari as group chief executive effective immediately,…
Emirates NBD wins second international accolade for 'Mobile Banking Service'
Emirates NBD , a leading bank in the region, announced today that it has been recognised for 'Mobile Banking Service'…
Banks complete pre-implementation phase of Mobile Wallet
The UAE banks have completed the pre-implementation phase of the Mobile Wallet project, the UAE Banks Federation (UBF) said on…
UAE's Bank of Sharjah plans to refinance $200 mln loan in Q1 2015
Bank of Sharjah plans to refinance a $200 million two-year loan maturing next year, said the lender's executive director, as…
Bahrain's Al Baraka to open Islamic bank in Morocco
Al Baraka is in talks with Moroccan lenders for the new bank. Bahrain-based Al Baraka Banking Group plans to…
Mashreq named SME Bank of the Year 2014
Mashreq , a leading financial institution in the UAE, has been awarded 'SME Bank of the Year 2014' at the…