OIII3Bank debuts in Dubai, begins operation in April
All is set for OIII3 Bank to kick-start operation in Dubai, United Arab Emirates in April 2020. OIII3 Bank…
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National Bank of Fujairah appoints Dr. Raja Al Gurg as new Deputy Chairperson
National Bank of Fujairah has announced that it has appointed Dr. Raja Al Gurg, Vice Chairperson and Managing Director of…
Investor becomes shareholder in Xinja Bank
A Dubai-based investment company has become a 20 per cent shareholder in Xinja Bank after investing $433 million in the…
Ithmaar Bank announces revised branch and office timings
Ithmaar Bank has announced revised branch and office timings, as well as additional precautions to help contain the Coronavirus (COVID-19)…
BBK to distribute $135m cash dividends for 2019
BBK has announced that its ordinary general assembly has approved the board of directors’ recommendation to distribute BD51.4 million ($135.3…
Commercial Bank International to support COVID-19 impacted customers
Commercial Bank International (CBI) has announced a series of measures to support their customers impacted by coronavirus (COVID-19) across the…
Detained in Dubai calls upon Gulf States to release expat detainees at risk of Coronavirus
The overwhelming majority of Western expats currently detained in the Gulf States have been convicted on financial charges which are…
Lebanon to stop paying all dollar Eurobonds -finance ministry
Lebanon will discontinue payments on all its foreign currency Eurobonds, the government said on Monday, as it seeks to devise…
Saudi banks to postpone repayment of loans for healthcare employees
Saudi Arabia has announced an initiative supporting the kingdom’s healthcare workers, who are among those on the front lines of…
Annual General Meeting of Al Baraka Banking Group Approves Cash Dividend Payouts of US$ 24.9 million to Shareholders
Mr. Abdulla Ammar Al Saudi, Vice Chairman of ABG chaired the Meeting, in which the Group's shareholders discussed the Report…
FAB provides laptops worth AED 5m to students to support distance learning
First Abu Dhabi Bank, FAB, has partnered with the Ministry of Education to support its distance learning platform. The…
Coronavirus postpones IPOs of Banque du Caire, TAQA Arabia
Offering Banque du Caire and TAQA Arabia on the stock market after the spread of coronavirus in Egypt and the…