Tag: Banking
ADIB helps its customers with extensions and discounts on payments
UAE's leading financial institution Abu Dhabi Islamic Bank (ADIB) has decided to extend its relief measures to help customers deal with the unique challenges...
Reviving Banks in UAE; 88% of TESS liquidity facility utilized by...
UAE's Apex bank, Central Bank of the UAE (CBUAE) has presented encouraging numbers stating that 88% of the $13.6 billion Targeted Economic Support Scheme...
Sign of Optimism and Trust; Sharjah Islamic Bank sells $500 million...
UAE-based fully Shariah-compliant bank, Sharjah Islamic Bank (SIB) has successfully sold a $500 million long 5-year Sukuk, with a profit rate of 2.85 percent...
OAB – Alizz Islamic Bank merger leads Oman’s financial sector consolidation
Oman's financial sector is witnessing another set towards consolidation as Oman Arab Bank (OAB) and Muscat-based Alizz Bank have entered into a consensus to...
Banking and Fin-tech worlds unite to decide the future of banking...
With more than 250 delegates already enrolled to take part from all across the world, 35th Retail banking international conference (Annual Retail Banking International...
Saudi Arabia’s Amlak International proceeds with IPO plans on Tadawul
Saudi Arabian non-bank real estate finance company, Amlak International for Real Estate Finance has expressed its interest to proceed with an initial public offering...
Kuwait’s Burgan Bank unveils ‘Banki’; an AI-powered chat-bot for users
Kuwait-based Burgan Bank has unveiled its voice-enabled banking chatbot, Banki which is powered by artificial intelligence (AI).
The electronic virtual assistant has been developed to...
China permits American Express to operate through a Joint Venture
China’s central bank, The People’s Bank of China (PBOC) has provided final permission to a network clearing license for an American Express (AMEX) JV...
