The banking sector is going on phenomenal change, giving banks and financial institutions an opportunity to relook at its business models and launch new, innovative and...
Oman’s banking sector remained strong while supporting the growth of diversified economic activities in the Sultanate in 2018. The credit extended by ODCs (conventional and Islamic...
Gartner predicts that a whopping 80% of traditional banks will go out of business by 2030. The financial services industry is at the cusp of digital...
(Bloomberg) — Abu Dhabi Commercial Bank, which completed a three-way merger in May, reported an 11% decline in second-quarter profit as the cost of funds rose. Pro-forma...
BusinessLive Middle East’s New Age Banking Summit, Dubai 2019 will convene the most powerful finance and industry leaders for candid conversations about the important trends, challenges...
(Bloomberg) — First Abu Dhabi Bank’s board proposed removing the foreign ownership limit after the United Arab Emirates started loosening rules to attract international investors. The shares...
(Bloomberg) — Emirates NBD’s first-half profit jumped 49% as Dubai’s biggest bank benefited from the sale of a stake in its card payments processing unit. Net income...
Starting from this month and running through the end of July-2020, Sohar International cardholders are entitled to get 25% off the cost of V-Kool’s Window Tints...
Bank Nizwa, Oman’s leading Islamic Bank, took part in the 2nd Salalah International Islamic Finance Conference. The annual event, held under the patronage of His Excellency...
Oman Arab Bank (OAB) signed an MoU with Majan University College (MUC) for the implementation of an e-Payment Gateway System. The new gateway will facilitate the...
