Doha Bank is the worst performing lender on the Qatar Exchange Index, having been hit by negative S&P ratings due to an expected further deterioration in its asset quality. (File photo)
May 25, 2016 - 12:00 GMT
Bank liquidity in the GCC has been hit by a more than 50 per cent slide in crude prices since mid-2014, forcing banks to redefine its business models.
SoftBank Robotics’ humanoid robot Pepper
May 25, 2016 - 09:14 GMT
MasterCard today unveiled the first commerce application for SoftBank Robotics’ humanoid robot Pepper.
The vote drew fire from BDS activists on Jordanian social media networks. (File photo)
May 25, 2016 - 04:58 GMT
As Jordan celebrates its Independence Day, a parliamentary vote to permit Israelis to support Jordanian governmental projects has generated controversy.
Noor Bank
May 24, 2016 - 11:21 GMT
Noor Bank has bagged industry-specific awards from the prestigious Global Finance and Euromoney magazines.
John Iossifidis, Head of Corporate & Investment Banking Group, Mashreq
May 24, 2016 - 10:38 GMT
Mashreq, one of the UAE’s leading financial institutions, is sponsoring the MEED Construction Leadership Summit (MCLS) and MEED Quality Awards for Projects 2016 for the fourth consecutive year.
The report did not disclose the names of the individuals or groups whose bank accounts were frozen, their nationalities, or amounts. (Shutterstock)
May 24, 2016 - 09:02 GMT
The latest report from Lebanon's Special Investigation Commission reveals the latest in a series of measures to combat terrorism financing and money laundering.
UAE Ministry of Finance
May 24, 2016 - 04:40 GMT
The Ministry of Finance (MoF), organised a workshop to discuss the book titled “Breaking the Oil Spell – The Gulf Falcon’s Path to Diversification”, in its premises in Dubai.
During the event
May 23, 2016 - 12:29 GMT
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, commemorates the 50thAnniversary of its establishment.
Fitch indicated that Lebanon’s banking sector was among 15 banking systems that have a Banking System Indicator of “b”. (File photo)
May 23, 2016 - 11:45 GMT
Lebanon's banking sector rating remains unchanged since 2013, according to Fitch Ratings' semi-annual risk assessment of 114 banking systems in advanced and emerging economies.
During the event
May 22, 2016 - 08:07 GMT
Once again, Mashreq wins at the Banker Middle East Industry Awards, scooping three awards in 2016.
Gulf Bank
May 22, 2016 - 05:41 GMT
Gulf Bank held its Al Danah daily draws on 15 May 2016 announcing the names of its winners for the week of 8 May – 12 May 2016.
Images of debris believed to be from the lost EgyptAir flight from Paris were released on the official Facebook page for Egypt's military spokesman of the Armed Forces. (Facebook)
May 22, 2016 - 05:29 GMT
Investors have panicked at the prospect of EgyptAir MS804 being brought down by a terrorist attack, and the negative impact on Egypt's tourism industry and economy.
The Act that was passed in the US is an U.S. act whose implementation is required throughout the world and in Lebanon, said Central Bank Governor Riad Salameh. (The Daily Star)
May 19, 2016 - 13:00 GMT
Condemning Hezbollah's call to resist compliance with the US law, Lebanon's Central Bank governor warned of the risks of isolation from international banking relations.
The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position 
and economic strength. (Argaam)
May 19, 2016 - 06:00 GMT
The investors service has negatively revised the long-term deposit ratings of nine banks and confirming the ratings of two banks as stable, while placing all UAE banks on a negative outlook.
Bank Nizwa - Majlis Al-Shura Discussion
May 19, 2016 - 05:24 GMT
Bank Nizwa participated in a special session held at Majlis Al-Shura to discuss the challenges and future growth of Islamic finance.
During the event
May 18, 2016 - 11:33 GMT
Adding a new chapter to its growth story, Doha Bank, one of the largest private commercial bank in Qatar, today officially inaugurated its new, state-of-the-art branch in Al Gharafa.