Service Quality and Resilience are Key in Current GCC Environment
The GCC was, generally, very quick to react when early signs of the coronavirus appeared in the region, with a…
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Saudi Arabia's PIF buying spree is vote of confidence in pandemic recovery
We should have seen it coming. Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF), told a virtual gathering…
First Abu Dhabi Bank ends acquisition talks with Lebanon’s Bank Audi-Egypt
First Abu Dhabi Bank on Monday (May 18) said it has mutually agreed with Bank Audi to stop the transaction…
Bahrain Islamic Bank advocates the utilisation of its digital platforms
Bahrain Islamic Bank (BisB) has iterated that it is urging retail and corporate customers to utilise the bank’s available digital…
VakıfBank becomes first Turkish lender to obtain license in Qatar
Turkish public lender VakıfBank has obtained a banking license in Qatar, it announced Monday. The bank's announcement came after…
JPMorgan Fills Senior Leadership Roles After February Makeover
JPMorgan has made a number of changes in senior positions in its investment bank in the Europe, Middle East and…
Emirates Islamic offers free international money transfers
Dubai-based Emirates Islamic is offering free international money transfers for all individual customers amid the coronavirus pandemic. All bank…
Covid-19 is strengthening UAE family businesses’ corporate governance structure
Family firms are the backbone of the UAE’s economy. Accounting for a significant segment of the non-oil gross domestic product…
QR75bn stimulus key to ensure sustainability of businesses: Seetharaman
Qatar’s QR75bn financial and economic incentives programme is “very important and plays a key role in sustainability of businesses and…
SABB reports 7.6% drop in Q1 profit at $272m
The Saudi British Bank recorded a net profit after zakat and income tax of SR1,022 million ($272 million) for the…
Saudi Arabia's sovereign wealth fund seeks $10bn margin loan
Saudi Arabia’s sovereign wealth fund is planning to borrow about $10 billion by pledging some of its stakes in SoftBank…
First Abu Dhabi Bank puts talks to acquire Bank Audi's Egyptian business on hold -sources
First Abu Dhabi Bank has put on hold discussions to acquire the Egyptian assets of Lebanon's Bank Audi AUDI.BY due…