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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan
July 22nd, 2026 - 04:40 GMT

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan

Following the official launch of Jaywan by Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Sharjah Islamic Bank (SIB) has reaffirmed its support for the UAE's vision for a secure, resilient and sovereign financial future through its participation in the UAE’s domestic card scheme. Jaywan is the UAE’s domestic card scheme, developed to strengthen the country’s payment infrastructure and support secure and reliable transactions within the UAE. Jaywan reinforces the resilience of domestic payments while advancing the nation’s wider ambitions for financial innovation and ...
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Bank Nizwa, Oman’s leading Islamic bank was named ‘Strongest Islamic Retail Bank’ in the Sultanate at the Islamic Retail Banking Awards (IRBA) 2018.
December 26th, 2018 - 03:00 GMT

Bank Nizwa Named ‘Strongest Islamic Retail Bank’ in Oman for the Fourth Time

The bank’s Board of Directors and executive management team joined Sohar International’s Chairman,Mr Mohammad Mahfoudh Al Ardhi, and CEO, Mr Ahmed Al Musalmi, in welcoming officials and leaders from the public and private sectors to witness the historic unveiling of the bank’s new identity that is set to redefine banking.
December 24th, 2018 - 11:43 GMT

Bank Sohar Unveils Its New Brand as ‘Sohar International’

PayFort has supported a number of major initiatives across the region to reduce dependence on cash and boost electronic payments. (Shutterstock)
December 23rd, 2018 - 02:01 GMT

‘meeza’ Card Holders Will Now Be Able to Shop Online via PayFort’s Payment Gateway

NBO's Ibtikar event.
December 23rd, 2018 - 01:51 GMT

National Bank of Oman Hosts 5th Annual Ibtikar Competition

NBO's Ibtikar event.
December 23rd, 2018 - 01:50 GMT

National Bank of Oman Hosts 5th Annual Ibtikar Competition

The Bank’s authorized capital ceiling was raised from KD 250,000,000 to KD 400,000,000 and it to be utilized in the future as needed.
December 23rd, 2018 - 11:52 GMT

Burgan Bank Increases Authorized Capital in Its 34th Extra-Ordinary General Meeting

Al Hilal Bank
December 23rd, 2018 - 11:50 GMT

Al Hilal Bank Launches Accelerated 'Straight Through Processing' for Fund Transfers

 A signing ceremony cementing the agreement took place with participation of Mr. Khalid Al Kayed, CEO of Bank Nizwa and Sayyida Rawan Ahmed Al Said, managing director and CEO of Takaful Oman Insurance.
December 23rd, 2018 - 11:38 GMT

Bank Nizwa Partners With Takaful Oman to Offer Shari’a-Compliant Car Insurance

Jamal Fakhro, KPMG in Bahrain’s Managing Partner
December 23rd, 2018 - 07:26 GMT

KPMG Global Revenues Grow to Record $29 Billion

The 2-day workshop aimed to upgrade the capabilities of CSR managers across Kuwait.
December 23rd, 2018 - 06:05 GMT

Burgan Bank Employees Attend Exclusive Workshop on 'Planning for Impact - Frameworks for CSR Initiatives'

Lebanese banks were the main subscribers to these bonds. (Shutterstock)
December 20th, 2018 - 11:36 GMT

Two Treasury Bills Worth $1.3 Billion Issued in Lebanon

The Repo Rate applicable to borrowing short-term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points. (Shutterstock)
December 20th, 2018 - 08:05 GMT

Interest Rates Soars in UAE Following US Federal Reserve Decision

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