UAE banks facing pressure on margin, Standard Chartered CEO says
As UAE leaves behind the recovery phase and steadies itself to a new phase of economic growth, banks, while seeing…
Retail Banking
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Assets of top 10 GCC banks rise 16% to $743bn
The top ten GCC banks are among the fastest growing globally, led by QNB Group. They are likely to…
RAKBANK Announces New CEO
RAKBANK, the National Bank of Ras Al Khaimah , today announced the appointment of Peter England as the Bank's new…
EFG Hermes will cut costs further after posting second-quarter loss
With 2Q13 earnings, EFG Hermes reports an increase in group revenues on strong performances by most fee-earning lines of business…
NCB signs with TCS to implement a new core banking platform
To further develop the quality of its electronic services and banking solutions As part of its ongoing efforts to…
NBAD appoints new head of commercial banking
The National Bank of Abu Dhabi has appointed Nilanjan Ray as the head of Commercial Banking - Gulf. Ray…
Israeli Banks Boost Second-Quarter Profit as Provisions Fall
Israel’s two largest lenders, Bank Hapoalim Ltd. and Bank Leumi Le-Israel Ltd., posted higher second-quarter profit as provisions for bad…
Limitless Signs Sharjah Isalamic Bank at The Galleries Bankung Hub
Limitless has signed Sharjah Islamic Bank at The Galleries, bringing the total number of banks at Dubai's newest business community…
Saudi bank lending, M3 growth edge up in July
Saudi Arabia's M3 money supply growth accelerated to 15.0 percent year-on-year at the end of July from 14.0 percent in…
GIB Planning Major Regional Expansion
Bahrain-based Gulf International Bank unveiled plans to expand across the region by launching a retail banking network. The investment…
Al Baraka Bank Egypt wins quality award
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group and its banking arm in the Egyptian…
Mashreq appoints a new Country Head in Qatar
Mashreq Qatar, one of the region's leading financial institutions, has announced the appointment of Ross Officer as Country Head.…