Sunday 24 June 2018
 
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Waqfe launches digital banking platform

Waqfe, the Bahrain-based fintech solutions provider, has launched its first digital banking platform. The solution was launched by Kuwait Finance House-Bahrain, and was unveiled in a ceremony on May 13, at the Arcapita Building, B

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Waqfe launches digital banking platform

Waqfe, the Bahrain-based fintech solutions provider, has launched its first digital banking platform. The solution was launched by Kuwait Finance House-Bahrain, and was unveiled in a ceremony on May 13, at the Arcapita Building, B

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Saudi Arabia’s banking sector sees 8.7pc net profit growth

The banking sector in Saudi Arabia maintained a year-on-year growth in 2017 with 8.7 per cent growth in net profit and 0.4 per cent growth in total assets, according to KPMG’s recently released version of the ‘GCC listed banks result

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Bahrain banks maintain year-on-year profit growth

The banking sector in Bahrain maintained a year-on-year growth in 2017 with 6.4 per cent growth in net profit and 5.6 per cent growth in total assets, said KPMG in its recently released version of the ‘GCC listed banks results’ repor

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Dubai Investments to launch new Islamic bank

Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million. The authorised share capital of Arkan Bank wi

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FAB wins Saudi commercial banking licence

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has secured a licence from the Saudi Arabia Monetary Authority (Sama) to establish a commercial banking business in Saudi Ara

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UAE leads in digital banking in Mena

The UAE is now leading the Middle East and North Africa (Mena) region in digital banking with an impressive 16.4 per cent penetration, according to a report by Al Masah Capital Limited. The report is titled "Digital Banking -

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Gas output to boost Oman’s GDP next year: NBK

Oman’s economic growth will slow to just 0.3 per cent this year – its weakest since 2011 – on the back of a drop in oil output, before recovering to 2.8 per cent in 2018 as gas production expands and the non-oil economy steadie

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Gas output to boost Oman’s GDP next year: NBK

Oman’s economic growth will slow to just 0.3 per cent this year – its weakest since 2011 – on the back of a drop in oil output, before recovering to 2.8 per cent in 2018 as gas production expands and the non-oil economy steadie

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Emirates Islamic launches new mobile banking app

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced its new mobile banking app. The launch is one of the initiatives under Emirates Islamic’s digitalisation drive to address the gr

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