(Bloomberg) — Abu Dhabi Islamic Bank PJSC is seeking to save about 500 million dirhams ($136 million) by cutting jobs and closing branches as sluggish economic growth...
(Bloomberg) — A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some transactions, according to an inspection...
The Emirati Dirham (AED) has been included in the soon to be launched Buna, a multi-currency payment platform affiliated with the Arab Monetary Fund. The Emirati...
Riyad Bank, Saudi Arabia’s fourth-largest bank, has announced that it has employed international and regional banks for potential issuance of a dollar-denominated Sukuk. The announcement that...
Bank Nizwa was recently awarded the ISO 27001:2013 certification in recognition of its commitment to provide best-in-class banking services through adopting best security practices and employing...
Dubai, UAE; 3rd February 2020: Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the year ending 31st...
Ahli Bank has been awarded Alam al-Iktisaad Wal A’mal (AIWA) Excellence Award 2019 for SME solutions. HE Badr Al Jabri, Deputy Head of Youth and Human Resources...
Sohar International has grown stronger in line with its strategic targets, registering an increase of over 17 per cent in net profits to achieve RO34.406 million...
– Latest initiative from Mashreq offering unlimited cashback on a free-for-life card Dubai, UAE, 23 January 2020: Mashreq, one of the leading financial institutions in the...
The bank is positioned to become one of the largest Islamic Banks in the world with total assets exceeding AED 275 billion. The acquisition will...