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Banking and Finance

Banking and Finance latest

NBB and BBK Sign Memorandum of Understanding
November 3rd, 2025 - 02:43 GMT

NBB and BBK Sign Memorandum of Understanding

The National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) announced today, Sunday 2nd November 2025, at the Gulf Gateway Forum, the signing of a Memorandum of Understanding (MoU) to advance discussions regarding the potential merger under a clear and collaborative framework. In particular, both parties have agreed on a non-binding basis to commence a reciprocal due diligence process and to negotiate definitive and binding terms of a potential merger. Should an agreement between the banks be reached and the merger proceed, both banks believe that the ...
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Al Hilal Bank
March 27th, 2014 - 05:25 GMT

Al Hilal Bank’s recorded AED 441.4 million net profit reflects 42 per cent growth in 2013

Al Bawaba
March 26th, 2014 - 10:19 GMT

NBAD Sukuk arrangement named Deal of Year

Banking has been a pioneer in this area and mobile banking is leading among many expatriates
March 26th, 2014 - 09:55 GMT

Mobile banking is gaining traction in the UAE

Al Bawaba
March 26th, 2014 - 08:40 GMT

MENA investors, beware of the dark side of Bitcoin

The International Monetary Fund, or IMF, urged GCC regulators to continue to ensure that banks maintain higher capital than required by minimum international standards.
March 26th, 2014 - 12:25 GMT

IMF tells GCC banks to be prepared for the worst

Al Bawaba
March 25th, 2014 - 11:55 GMT

Emirates Islamic launches Abu Dhabi Rewards Credit Card

Al Ansari Exchange
March 25th, 2014 - 10:54 GMT

Al Ansari Exchange & Western Union announces start of 2014 edition of inter-university ‘Business for Better’ competition

Al Bawaba
March 25th, 2014 - 09:28 GMT

Mashreq Essentials welcomes new employees to the UAE

“This sector is beginning to make waves in the U.K. but needs to be nurtured from alternative investment to major league player,” Heaton said.
March 25th, 2014 - 03:47 GMT

Feigning devotion: UK focuses efforts on halal investing

In a statement to The Jordan Times on Monday, the bank said the employees, who resigned in October 2013, have withdrawn the money from other banks' ATMs.
March 25th, 2014 - 02:38 GMT

Jordan's Bank al Etihad reveals JD207,000 embezzlement case by former employees

Though local newspapers published that Jordan's inflation rate in 2014 has increased by 3.2 per cent in the first two months, the overall inflation is actually down 5.6 per cent in comparison to last year's figures (File Archive/Shutterstock)
March 24th, 2014 - 01:00 GMT

Stop the Presses: Jordan's inflation in 2014...is down?!

Al Bawaba
March 24th, 2014 - 12:35 GMT

NBK opens its new UAE Head Office in Dubai

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