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Doha Bank offers new mega prize of QR2m
(The Peninsula - 31/05/2018)

Doha Bank yesterday announced launch of a new mega prize of QR2m to double the reward for its customers. The bank is looking forward to another prosperous year for all its clients and customers.<br/><br/> The announcement was made as the lender hosted a

Emirates NBD to launch region’s first digital kiosks
(Gulf News - 30/05/2018)

Emirates NBD said on Tuesday it will soon launch the region’s first integrated digital kiosks, which will function like a branch, allowing customers to sign up for products and access teller services.<br/><br/> Emirates NBD said it has partnered with

NBK leads the way in partnership with RippleNet
(Arab Times - 30/05/2018)

The National Bank of Kuwait (NBK) continues to introduce innovative and the newest technology solutions to meet the needs of customers, having partnered with RippleNet to offer customers a fast, safe and convenient cross-border payments service, and

Bank Muscat wins prestigious award
(Times of Oman - 29/05/2018)

Bank Muscat, the flagship financial services provider in the Sultanate, in recognition of its outstanding achievements, has won the prestigious "Global Investor MENA Broker of the Year for Commodities" Award for 2017.<br/><br/> Abdullah Al Hinai, General

QIB & QPAY launch Qatar’s first Islamic PoS solution
(The Peninsula - 29/05/2018)

Qatar Islamic Bank (QIB) has signed an agreement with Qatar’s largest Fintech Company—QPAY International— to launch the first Islamic point of sale (PoS) solution in Qatar.<br/><br/> Under this agreement, QPAY, a Qatar-based company offering a wide

Bahrain Islamic Bank (BisB) organizes its third town hall for its employees
(Biz Bahrain - 29/05/2018)

In line with its commitment to continually enhance internal communication and provide its employees with the latest developments across all of the Bank’s departments; Bahrain Islamic Bank (BisB), the leading provider of Sharia compliant integrated

Alizz Islamic Bank signs pact with trade union body
(Times of Oman - 28/05/2018)

Reinforcing its position as Oman's most dynamic and innovative Islamic banking institution, Alizz Islamic Bank recently signed a memorandum of understanding (MoU) with the General Federation of Oman Trade Unions (GFOTU) to provide bank benefits and

Dubai Islamic Bank donates $4m to Sharjah charity
(Trade Arabia - 28/05/2018)

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has donated Dh15 million ($4.08 million) of Zakat money to Sharjah Charity International, said a report.<br/><br/> Abdul Razzaq Al Abdullah, head of Community Services Department at DIB,

AUB launches digital partnership with Ajar Online
(Arab Times - 28/05/2018)

Ahli United Bank (AUB) has announced an exciting new partnership with Ajar Online to enhance the growth of rent payments to be made through digital channels. The service provides convenience to tenants in making their rental payments fast and secure,

QIIB extends support to Qatar Academy
(The Peninsula - 27/05/2018)

A team of Qatar Academy’s outstanding students will be flying to Addis Ababa, Ethiopia, in October to prepare select students of Lebawi Academy (International Leadership Academy of Ethiopia - ILAE) for the upcoming ‘THIMUN Qatar Conference’ to be held

NBK named Best Bank in Kuwait 2018–Bank recognized by Global Finance
(Arab Times - 27/05/2018)

National Bank of Kuwait (NBK) has been named the Best Bank in Kuwait 2018 by the international financial publication Global Finance.<br/><br/> NBK was chosen the Best Bank in Kuwait based on input from industry analysts, corporate executives and banking

Moody’s affirms ratings of Emirates NBD, Denizbank
(Gulf News - 24/05/2018)

Moody’s Investor Service, the credit rating agency, affirmed on Wednesday the credit assessments of Emirates NBD and Denizbank at ba1 and ba3 respectively. This follows the announcement that Emirates NBD will acquire Denizbank for $3.2 billion.<br/><br/>

NBO launches ‘Tijarati’ speaker series for SMEs
(Times of Oman - 23/05/2018)

To contribute to Oman’s strategic diversification agenda, the National Bank of Oman (NBO) has launched the "Tijarati" SME Speakers Series—a quarterly panel discussion with successful entrepreneurs and leaders within the small and medium enterprise (SME)

QIIB set to open two more branches this year
(The Peninsula - 23/05/2018)

Despite the ongoing blockade against Qatar, QIIB, one of Qatar’s leading Shariah-compliant lenders, is on an expansion spree. It has announced to open two more new branches within this year, said a top official of the bank.<br/><br/> The upcoming new

Emirates NBD to buy majority stake in Turkey bank
(Trade Arabia - 23/05/2018)

UAE-based Emirates NBD, a leading bank in the region, and Sberbank of Russia have entered into an agreement whereby Sberbank will sell its entire 99.85 per cent stake in Turkey-based private bank Denizbank to Emirates NBD.<br/><br/> Upon closing of the

ABK, FAB and Noor Bank sign loan deal for Dubai Aerospace
(Arab Times - 22/05/2018)

Al Ahli Bank of Kuwait (ABK), First Abu Dhabi Bank (FAB) and Noor Bank have announced the signing of a landmark financing facility for Dubai Aerospace Enterprise (DAE) for an initial amount of $480 million, expandable to $800 million.<br/><br/> The

Alinma named fastest growing bank for sixth time in 10 years
(Saudi Gazette - 21/05/2018)

FOR the sixth time in its 10-year history, Alinma Bank has been named the fastest growing bank in Saudi Arabia. This most recent accolade was bestowed upon the bank by Banker Middle East magazine at a special awards ceremony in Dubai. Alinma Bank won the

Bank Sohar appoints Ahmed Al Musalmi as CEO
(Times of Oman - 21/05/2018)

Bank Sohar announced the appointment of Ahmed Al Musalmi as the new Chief Executive Officer with effect from May 20, 2018 taking over from Sasi Kumar who is leaving the bank after having served over 10 years to pursue new personal and professional

Doha Bank launches revamped Doha Sooq App
(The Peninsula - 21/05/2018)

Doha Bank has announced the launch of Doha Sooq’s enhanced App. The popular e-commerce platform, which is known as Qatar’s first and only e-mall, places 24/7 shopping, entertainment, events and sports at customers’ fingertips through a newly designed

Bank Muscat Tadhamun support reaches beneficiaries across Oman
(Oman Daily Observer - 21/05/2018)

Bank Muscat, the flagship financial services provider in the Sultanate, in line with its vision ‘To serve you better, everyday’ and commitment to partnership in social responsibility, marked the start of the Holy Month of Ramadhan with the successful

Burgan Bank marks ‘International Awareness Month of Internal Audit’
(Arab Times - 21/05/2018)

Burgan Bank, a dynamic financial institution, recently celebrated the role of the Internal Audit department to raise awareness about the profession and reward outstanding personnel. As part of its many positive initiatives to support internal growth and

Bank Muscat Izdihar's assets grows 74% to $90m
(Times of Oman - 17/05/2018)

Bank Muscat Izdihar Real Estate Fund (Izdihar) concluded its second year of operations with impressive accomplishments in both performance and growth. <br/><br/> The fund grew assets by 74 per cent reaching US$90 million and positioned itself as one of

QIIB announces attractive Ramadan offers
(The Peninsula - 17/05/2018)

QIIB has announced the launch of three attractive products - personal finance, vehicle finance, and credit cards- to the customers on the occasion of the Holy Month of Ramadan. These offers are in line with the QIIB’s policy of offering flexible products

Emirates NBD joins fintech platform
(Gulf News - 17/05/2018)

Emirates NBD has joined CCRManager, a fintech platform supporting the origination and distribution of trade assets.<br/><br/> Launched in 2017, CCRManager is a digital trade finance platform that connects various banks and financial Institutions to

BankDhofar wins ‘Best Mobile App’ from Pan Arab Web Awards 2018
(Oman Daily Observer - 17/05/2018)

In appreciation of its commitment to employ state-of-the-art technology and to ensure convenient banking experience backed with high level of security measures, BankDhofar has received the ‘Best Mobile App” from Pan Arab Web Awards 2018.<br/><br/> The

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