Saudi Arabia has unveiled a large number of mega projects to help transform the Kingdom’s economy. (Shutterstock)
September 26, 2018 - 07:24 GMT
Saudi Arabia’s Vision 2030, economic diversification strategy and mega projects are some of the topics discussed in the Summer 2018 issue of Deloitte’s quarterly publication, the Middle East Point of View (ME POV).
During the two-month program, the students were selected and allocated to the Bank’s various department.
September 26, 2018 - 05:46 GMT
Kuwait Finance House-Bahrain has recently welcomed a group of students from various local and international universities to its Annual Summer Training Program.
Al Ahli Bank of Kuwait K.S.C.P. priced a highly successful $300 million bond. (Shutterstock)
September 25, 2018 - 06:25 GMT
Al Ahli Bank of Kuwait priced a highly successful $300 million bond, marking the first international capital markets issuance out of Kuwait in 2018. The instrument, issued to further boost ABK’s eligible Tier-1 capital has a call date of 5 years.
During the event
September 24, 2018 - 11:29 GMT
Following the success of the 2017 hackathon, the National Bank Oman (NBO) will once again be hosting the biggest hackathon in the Sultanate at its headquarters in Athaiba.
Mr. Subah Al Zayani with the Grand Prize winner, Ms. Ruqaya Abdul Hafedh Rabeei.
September 24, 2018 - 11:25 GMT
Kuwait Finance House – Bahrain (KFH-Bahrain) announced Ms. Ruqaya Abdul Hafedh Rabeei as the ‘Libshara’ August 2018 grand prize winner of the luxury apartment in Marassi Al Bahrain.
In order to avail of the SME financing from Sohar Islamic, interested customers will require to certain documentations to complete their application compliantly.
September 24, 2018 - 11:14 GMT
Sohar Islamic - Bank Sohar’s Sharia-compliant banking window offers financing up to 90% to Small and Medium Enterprises (SME) when purchasing construction equipment and commercial vehicles.
Remittances from Kuwait fell by 20.4 percent despite the resumption of OFW deployment last May. (Shutterstock)
September 24, 2018 - 07:18 GMT
Cash remittance from Filipino workers (OFW), particularly those in the Middle East, saw a steep decline from January to July this year, figures from the Central Bank of the Philippines (BSP) show.
Bank Sohar
September 23, 2018 - 11:38 GMT
Bank Sohar has expanded its operational network to provide added convenience for customers by installing a new offsite ATM at LuLu Hypermarket in Al Rustaq.
During the event
September 23, 2018 - 09:52 GMT
Bank Nizwa hosted a gala event in Salalah to showcase its innovative Shari’a-compliant wholesale banking solutions to corporate clients.
Mastercard will work with its banking partners to offer unique League of Legends co-branded products in select markets, starting in 2019.
September 20, 2018 - 09:25 GMT
Mastercard today announced a multi-year partnership with Riot Games to become the first global sponsor for League of Legends esports, the largest esport in the world.
Customers wishing to experience excellence in banking may visit any of Bank Sohar’s 31 branches strategically spread across the Sultanate.
September 20, 2018 - 07:50 GMT
Bank Sohar now commits to disburse funds for eligible Personal Loan applications within 24 hours and eligible housing loan applications within 72 hours!
During the event
September 20, 2018 - 06:00 GMT
The CEOs Advisory Council of the UAE Banks Federation (UBF) hosted its third meeting this year in Dubai today (September 19, 2018) to discuss the latest developments in the banking sector in the UAE and outline the federation’s priorities in line with the national agenda to stimulate the country’s economy.
Mr. Majed Essa Al Ajeel, Chairman of the board of Burgan Bank
September 20, 2018 - 04:44 GMT
Burgan Bank, Kuwait’s second largest conventional bank by assets, announced today that it commenced its Capital Rights Offering process to raise up to KWD 62.55 million of additional capital.
Bank al Etihad
September 19, 2018 - 10:42 GMT
Bank al Etihad‘s retail and corporate clients can now securely send and receive transfers across borders with greater speed and enjoy an array of added value features through the recently introduced SWIFT global payments innovation (SWIFT gpi), while facilitating financial stability and fund management.
The Sukuk was issued as a “drawdown” under Al Hilal Bank’s USD2.5 billion Trust Certificate Issuance Programme, which is listed on the Irish Stock Exchange.
September 19, 2018 - 10:08 GMT
Al Hilal Bank PJSC, rated A2 by Moody's and A+ by Fitch has successfully closed a USD500 million 5-year Senior Sukuk.
Cash withdrawals are now possible using simply a PIN and your fingerprint. (Shutterstock)
September 19, 2018 - 08:21 GMT
Customers at Bahrain-headquartered Ithmaar Bank will soon be able to use just their fingerprint and pin number to take money out of cash points, dispensing with the need to carry their bank cards with them.