(Bloomberg) — Commercial Bank International will trim as much as 18% of its workforce through a voluntary redundancy program as the United Arab Emirates lender withdraws...
National Bank of Oman (NBO) and Chartered Financial Analyst Institute (CFA) reinforced their partnership by signing a Memorandum of Understanding (MoU) for workshops with NBO’s Academy...
(Bloomberg) — Kuwait Finance House KSCP offered to buy Bahrain’s Ahli United Bank BSC in an all-share deal that’s valued at about $8.8 billion. The Kuwaiti...
RAB and Saba Software announced a new client relationship with Oman-based BankDhofar. The bank chose Saba and RAB to deliver a tailored solution that helps them...
Sohar International celebrated the graduation of the first batch of its internship programme – Tomohi that aims to Enhance Omani Youth Skills. The ceremony organized to...
(Bloomberg) — Dubai’s biggest bank is close to appointing Citigroup Inc. and Morgan Stanley to manage a rights share offering of as much as $2 billion,...
Bank Muscat’s Money Market Fund recorded the highest industry annualised return of 3.27% per annum (p.a.) during June 2019, higher than the typical call rate of...
Emirates NBD Bank on Monday increased its Foreign Ownership Limit (FOL) to 20% and announced its intention to increase it to 40% in the future, according...
(Bloomberg) — Singapore plans to award licenses for its new digital banking initiative by mid-2020, with successful applicants expected to start business a year later, its financial...
Since its establishment in 1967, Al Ahli Bank of Kuwait (ABK) has progressed to become one of the leading Kuwaiti banks offering integrated and seamless retail...
