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Khaleeji Bank ties up with Al Areen to offer loans to Tilal buyersKhaleeji Bank, one of the leading Islamic banks in Bahrain, has signed an MoU with realtor Al Areen Holding Company to provide financing for Al Areen’s Tilal Residential Project buyers. The bank will prov More… |
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Khaleeji Bank ties up with Al Areen to offer loans to Tilal buyersKhaleeji Bank, one of the leading Islamic banks in Bahrain, has signed an MoU with realtor Al Areen Holding Company to provide financing for Al Areen’s Tilal Residential Project buyers. The bank will prov More… |
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UAE banks' gross assets jump 10.8% in MayUAE banks’ gross assets, including bankers’ acceptances, rose by over 10.8 percent year-on-year (YoY), equivalent to AED418.1 billion, reaching AED4.287 trillion, compared to AED3.869 trillion in May 2023, according to the May figu More… |
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Aggregate gross loans in GCC hit $2trn: Kamco InvestOutstanding credit facilities for GCC banks witnessed a healthy q-o-q growth of 2.1% during Q4-2023 with aggregate gross loans reaching $2 trillion, according to Kamco Invest, a regional non-banking financial powerhouse based in Kuwait. More… |
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UAE banks told to defer loan repayment for rain-hitThe Central Bank of UAE has issued a notice to all banks and insurance companies to allow the deferral of repayment of instalments of personal and car loans for customers affected by the recent rains and flooding for a period of six months.&nb More… |
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UAE banks told to defer loan repayment for rain-hitThe Central Bank of UAE has issued a notice to all banks and insurance companies to allow the deferral of repayment of instalments of personal and car loans for customers affected by the recent rains and flooding for a period of six months.&nb More… |
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Loans given by Bahrain retail banks rise 4.3% to $31bn in 2023The outstanding total loans and credit facilities extended to resident economic sectors by retail banks in Bahrain increased to BD11.8 billion ($31.36 billion) at the end of 2023, an increase of 4.3% compared to the end of 2022. & More… |
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cashew, Mashreq launch high-value loans in UAEcashew, a front-runner among Mena fintechs, has teamed up with Mashreq, a leading financial institution, in a ground-breaking alliance to revolutionise the UAE’s credit offering. This partnership introduces a pioneering financial solutio More… |
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Emirates NBD’s new tablet enables instant bankingEmirates NBD, a top banking group in the Menat (Middle East, North Africa, and Turkey) region, has introduced Tablet X, a tablet banking platform facilitating account opening in just three minutes. The platform also facilitates instant More… |
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Saudi banks’ residential loans in August surges to $1.9bnThe Saudi banks’ new mortgage lending to houses, apartments and lands registered a solid growth, surging by 31.7% to SAR7.14 billion ($1.9 billion) in August from SAR5.43 billion ($1.4 billion) the previous month, reported Arab News More… |
