Tag: Banking Sector
British financial firm Standard Chartered opens its 1st branch in Saudi
British multinational banking and financial services company Standard Chartered has opened its first branch in Saudi Arabia, as the country draws Western banks keen...
Mashreq Bank offers ‘buy now pay later’ option to customers across...
UAE’s leading financial institution Mashreq Bank has partnered with the fintech company Cashew Payments in order to offer ‘buy now pay later’ options for...
World Bank appoints new CEO to its private sector arm IFC
The international financial institution World Bank has named Makhtar Diop as the new managing director of its private sector arm, the International Finance Corp...
Qatar’s Commercial Bank plans to raise at least $1bn via bond...
Qatar-based Commercial Bank's CEO Joseph Abraham has revealed that the bank is planning to raise at least $1 billion through bond issues in the...
Saudi Central Bank gets Fahad Al-Mubarak as its new governor
Saudi Arabia’s King Salman has appointed Fahad Al-Mubarak as governor of the central bank (SAMA), one of the Kingdom's most sensitive positions, by replacing...
Bahrain’s Al Baraka Islamic Bank honored with two awards from IRBA
Bahrain-based leading financial institution Al Baraka Islamic Bank (AIB) has secured two prominent recognition for its services in the retail banking sector at the...
UAE banking sector shows positive outlook for 2021: Report
The US-based multinational investment bank and financial services provider, Bank of America has forecasted a positive outlook for the UAE’s banking sector for 2021,...
