Headquarters of the Saudi central bank, the Saudi Arabian Monetary Agency (SAMA) in Riyadh. (Twitter)
September 27, 2016 - 12:30 GMT
The Saudi Arabian Monetary Agency has announced that the SR20 billion of time deposits will be given to banks on behalf of government entities.
During the event
September 27, 2016 - 12:28 GMT
Gulf Bank successfully concluded its lead sponsorship of the 8th Euromoney conference in Kuwait, which took place on 27 September 2016 at the JW Marriott Hotel in Kuwait.
Gulf Bank
September 26, 2016 - 11:42 GMT
Gulf Bank announces that Mr. Cesar Gonzalez-Bueno, Chief Executive Officer, has decided to leave the Bank for personal reasons.
DGCX FOW award for the most innovative currency contract - Indian Rupee Quanto
September 26, 2016 - 04:54 GMT
DGCX’s Indian Rupee Quanto futures contract has been recognised as the Most Innovative New Contract in the Currency category at this year’s Futures and Options World (FOW) Awards Asia, the derivatives industry’s leading awards.
Bank Nizwa - SME Workshop
September 26, 2016 - 04:40 GMT
Bank Nizwa sponsored a workshop that empowered more than 150 prospective SME owners with the fundamentals of success and new investment opportunities.
During the event
September 22, 2016 - 06:33 GMT
In line with its Corporate Social Responsibility programme ‘WAGIB’, Gulf International Bank (GIB) today inaugurated ‘Ayadi Al Amal’ (Hands of Hope) art exhibition and auction in collaboration with the Bahrain Down Syndrome Society (BDSS) at the bank’s headquarters.
Bank Nizwa’s branch-on-wheels concludes Dhofar tour
September 22, 2016 - 06:25 GMT
Bank Nizwa’s branch-on-wheels recently concluded its two month nationwide tour in the Governorate of Dhofar, to raise awareness on the concepts and benefits of Islamic finance.
The merger between First Gulf Bank and National Bank of Abu Dhabi is a trend that is likely to continue as banks look at improving efficiency. (File photo)
September 21, 2016 - 12:00 GMT
Standard & Poor's expects a six percent loan growth, deterioration of asset quality, and reduced profitability for GCC banks this year as low oil prices continue to exert pressure.
Burgan Bank
September 21, 2016 - 11:13 GMT
Burgan Bank announced today that its Burgan Equity Fund has been named as the ‘Best Equity Fund over 10 years’ in the prestigious Thomson Reuters Lipper Award MENA Markets.
Pankaj Kundra, Head of Payments at Mashreq
September 21, 2016 - 09:47 GMT
Reflecting its commitment towards innovative financial solutions, Mashreq’s contactless sticker solution Tap n Go can be used to make payments without carrying physical cards.
The deadline for the implementation of the automatic tax data exchange ends in September. (File photo)
September 20, 2016 - 10:56 GMT
Failure to pass a bill which allows OECD members to ask for disclosure of suspicious bank accounts could see Lebanese banks blacklisted by G20 nations.
Burgan Bank
September 19, 2016 - 10:51 GMT
Burgan Bank K.P.S.C. successfully priced their inaugural US$500 million 3.125% coupon, 5 year senior issuance (the “bond”).
A high-ranking Yemeni ministerial official said the decision to relocate the Central Bank was made in consultation with the UAE and Saudi Arabia. (File photo)
September 19, 2016 - 10:00 GMT
Moving the headquarters of the Central Bank from Sana’a to Aden comes as part of the government’s arrangements to regain control of the economic decision-making in the country.
Mastercard For You
September 19, 2016 - 05:44 GMT
Mastercard, a leading technology company in the global payments industry, announces the launch of its mobile application for card products, Mastercard For You.
Al Ghurair receives the award
September 18, 2016 - 07:55 GMT
At the Gulf Business Awards 2016, the coveted Banking Business Leader of the Year trophy was bagged by one of the most well-known business men in the UAE and Middle East – His Excellency AbdulAziz Al Ghurair, CEO of the UAE’s and Region’s leading banking group, Mashreq.
Gulf Bank
September 11, 2016 - 06:05 GMT
As part of the Eid Al Adha celebrations, Gulf Bank is announcing an exclusive offer for its red customers to watch the latest films at Kuwait National Cinema Company (KNCC) cinemas between 12-16 September 2016.