Retail Banking

Awards and Recognition

Oman Arab Bank receives Bank of New York Mellon’s 'Straight Through Processing' Excellence award

January 15, 2024

Oman Arab Bank  has announced its receipt of the 'Straight Through Processing' (STP) Excellence Award from the Bank of New…

Read More

Retail Banking

Ahlibank introduces upgraded ‘The Winner Savings Account’ for 2024

January 15, 2024

Ahlibank and as a part of its unwavering endeavors towards developing its products and services, has unveiled an enhanced “The…

Read More

Retail Banking

UAE businesses can be fined up to Dh1 million under amended consumer protection law

January 12, 2024

The amended UAE consumer protection law has come into force, with businesses that break rules on the supply of goods…

Read More

Islamic Finance

FAB issues the first Sukuk globally in 2024

January 11, 2024

Issuance marks the first Sukuk issued globally in 2024 and stands as the region's first offering for the year. First…

Read More

Regulation, Risk & Compliance

Bank Nizwa signs agreement with Oman Housing Bank to provide Sharia-compliant Home Financing Solutions

January 10, 2024

Committed to delivering comprehensive financing solutions that align with the aspirations of its esteemed customers, Bank Nizwa, the leading and…

Read More

Comment & Analysis

NBK awarded “Best Foreign Exchange Provider in Kuwait” for 2024

January 10, 2024

National Bank of Kuwait  was awarded “Best Foreign Exchange Provider in Kuwait” for 2024, for the 12th consecutive time in…

Read More

Mergers & Acquisitions

Bahrain’s Al Salam Bank terminates discussions on acquiring KFH Bahrain

January 10, 2024

Bahrain’s Al Salam Bank has terminated discussions on the acquisition of Kuwait Finance House’s (KFH) Bahrain arm in collaboration with…

Read More

Retail Banking

BankDhofar inaugurates its newest branch at SQU

January 8, 2024

Under the patronage of H.H. Mona Fahad Al Said - Assistant Vice Chancellor for External Cooperation at Sultan Qaboos University;…

Read More

Retail Banking

Arab Bank named Bank of the Year 2023 in the Middle East by The Banker Magazine

January 8, 2024

The Banker Magazine, owned by the Financial Times and based in London, named Arab Bank as Bank of the Year…

Read More

Retail Banking

Sohar International goes beyond borders entering into the Kingdom of Saudi Arabia

January 8, 2024

In a transformative stride towards realising its vision to become a world-class Omani services company that helps customers, community and…

Read More

Retail Banking

UAE’s Ajman Bank launches real estate subsidiary Skyrise Properties

January 8, 2024

Ajman Bank announced the launch of its real estate subsidiary - Skyrise Properties – on Thursday. The Islamic financial institution’s…

Read More

Retail Banking

Jordanian banks launch first private sector investment fund with $388m commitment

January 8, 2024

Promising Jordanian firms are set to have access to new financing with the launch of a private sector fund, backed…

Read More