Abu Dhabi Commercial Bank (ADCB) agreed to merge with Union National Bank PJSC and Al Hilal Bank to create the Gulf’s fifth-biggest lender with about $114...
Off-late there has been a huge fear in people’s minds about how Artificial Intelligence in banks could replace the jobs of people in the banking sector....
It’s the year 2019 when everything from retail to healthcare has gone digital. Digital banking is not an option, it’s a reality going into the future....
here’s a particular telephone conversation that HSBC Global Chief Economist Janet Henry has down pat. Here’s how it goes: “You get a call from a headhunter,”...
In 2019, the outlook for banks across the GCC look stable, reflecting improving operating conditions, weakening but still solid loan performance and strong capital, according to...
Deutsche Bank AG has secured a commitment for additional investment from Qatar as the troubled German lender seeks to bolster its finances, according to people with...
Mashreq, one of the leading financial institutions in the UAE reported a net profit of AED 2.1 bn for the financial year 2018, which is a...
Rashad Al Musafir, CEO, Oman Arab Bank talks about the current status of and the rationale behind his bank’s proposed merger with Alizz Islamic Bank. Excerpts...
Saudi Arabia hired HSBC Holdings banker Rayyan Nagadi to set up a privatization unit at the ministry of finance as the kingdom forges ahead with plans...
Emirates NBD reported a better-than-expected increase in full-year profit as lending rose and loan loss charges fell at Dubai’s biggest bank. The state-controlled lender recommended a...