Ebdaa Bank to spread the culture of microfinance
Ebdaa Bank for Microfinance in Bahrain launched a series of practical steps aimed to spreading the culture of microfinance in…
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DIB Wins UAE’s Strongest Islamic Retail Bank for 2017
Dubai Islamic Bank, the UAE’s largest Islamic bank, took home the title of ‘Strongest Islamic Retail Bank’ in the UAE…
Samsung Partners with Sharjah Islamic Bank for Samsung Pay
Samsung Gulf Electronics announced a new Samsung Pay partnership with Sharjah Islamic Bank today. Sharjah Islamic Bank customers, using…
Saudi central bank says no big money outflow due to graft crackdown
There has been no big outflow of money from Saudi Arabia as a result of the anti-corruption crackdown that was…
HSBC awarded Best Cash Manager in Egypt
HSBC bank was awarded as the Best Domestic Cash Manager for the eighth consecutive year by both corporations and financial…
Egypt's central bank holds interest rates as expected
Egypt’s central bank kept interest rates unchanged as expected on Thursday, concluding that further declines in inflation were needed to…
Doha Bank signs agreement for e-Remittance service to Nepal
Doha Bank has signed an agreement with Citizens Bank International, one of leading commercial bank in Nepal, for e-Remittance services.…
Iran, Singapore Resolving Banking Ties
Iran and Singapore called for resolving banking issues to boost trade. In a meeting with the head of Iran…
DeVere’s Middle East head David Hughes steps down
In a message sent to colleagues, seen by International Adviser, Hughes thanked everyone for all their support and loyalty over…
Uncertainty looms After Saudi crown Prince’s Purge
With the arrests of eleven princes and some 200 tycoons in Saudi Arabia, Crown Prince Mohammed bin Salman made clear…
Kuwait Could Create Financial Stability Committee – IMF
The International Monetary Fund has recommended the Central Bank of Kuwait create a financial stability committee as part of its…
Turkish regulator asks Hariri-linked firm’s creditors to not classify debt as non-performing
Turkey’s banking regulator has assured creditors of Oger Telecom, which is the main shareholder in Türk Telekom, that a $4.75…