Retail Banking

Retail Banking

Gulf International Bank B.S.C releases its first Taskforce for Climate-related Financial Disclosure report

January 22, 2024

In line with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD), Gulf International Bank B.S.C. (GIB) issued its…

Read More

Regulation, Risk & Compliance

QIB and Edaa sign an agreement to distribute dividends to shareholders of listed companies in Qatar

January 22, 2024

Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has signed an agreement with Edaa to manage the distribution of dividends…

Read More

Retail Banking

Bank Muscat BoD approves financial results, proposes 15.5 per cent dividend for 2023

January 21, 2024

Bank Muscat, the flagship financial services provider in Oman, has proposed a 15.5 per cent dividend for the year 2023.…

Read More

Retail Banking

Kuwait banks see 2.2% dip in construction sector financing

January 19, 2024

During the first 11 months of 2023, local banks experienced a decline of 2.2 percent in consolidated financing provided to…

Read More

Retail Banking

NBK warns customers of storing sensitive information on smartphones to avoid fraud

January 19, 2024

As part of its consistent efforts to promote financial culture and awareness among all segments of society, National Bank of…

Read More

Retail Banking

Gulf Bank introduces exclusive 15% cashback for Visa Credit cardholders

January 19, 2024

Mohammed Taqi: We are committed to providing our customers with exclusive rewards throughout the year.   To promote the adoption…

Read More

Retail Banking

Paymob secures Central Bank of Oman’s PSP license

January 18, 2024

Paymob has announced that it has received the Central Bank of Oman’s (CBO) Payment Service Provider (PSP) license, making it…

Read More

Retail Banking

BankDhofar extends “Credit Card Bonus Points Campaign” offer

January 18, 2024

 The points are equivalent to the annual fee of the credit card   Following the positive turnout of the “Credit…

Read More

Retail Banking

Al Baraka Bank Egypt, EG-Bank suspend international credit cards cash transactions

January 18, 2024

Al Baraka Bank Egypt and EG-Bank on Tuesday suspended international credit cards cash transactions amid a severe hard currency shortage…

Read More

Awards and Recognition

National Bank of Oman wins Bank of the Year Award for 2023 by The Banker

January 18, 2024

Reaffirming its pioneering position in the banking sector, the National Bank of Oman (NBO) has won the prestigious ‘Bank of…

Read More

Retail Banking

QIIB plans to issue US$ 5-year RegS – senior unsecured Sustainable Sukuk

January 16, 2024

QIIB, rated A2 by Moody’s (stable) and A- by Fitch (positive), a leading Islamic bank in Qatar, appointed Standard Chartered…

Read More

Financial Results

Bank Muscat posts net profit of OMR212.45 million for year ended December 31, 2023

January 15, 2024

Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended…

Read More