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Oman’s Sohar International secures Saudi banking licence

The bank’s expansion is poised to catalyse job creation, facilitate knowledge exchange, and promote skill development

Ajman Bank launches real estate subsidiary Skyrise Properties

The new company is set to complement the bank’s core business offerings, with a range of services including property management

Emirates Islamic launches QuickRemit money transfer to UK

The bank’s customers can conduct QuickRemit transfers to any Lloyds Bank account in the UK in less than 60 seconds

Alrajhi Bank, American Express Saudi Arabia partner to expand ATM access

The two entities recently entered into an agreement allowing Alrajhi Bank’s POS network to accept payments made using American Express cards

ADIB-Egypt unveils Shariah-compliant private banking for HNWIs

The personalised proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards

MBank signs MoU with Real Estate Regulatory Agency

The purpose of Escrow account services provided by Mbank is to regulate, enhance, and provide confidence to buyers in real estate

Libyan Islamic Bank partners with Backbase to enhance Digital Customer Experience

In an effort to streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase,...

Gulf International Bank raises SAR 1.5 billion from debut Tier 2 Sukuk

The bank’s Sukuk programme is aligned with its strategic objectives to facilitate balance sheet growth

Bank Nizwa signs $90 million sustainable finance deal with Oman’s RDAC

The integrated workforce accommodation facility provides premium living standards to workers of all segments

Assured Inevitability

Leaving aside the Covid-19 pandemic, what have been the other main drivers of the digital banking revolution in the region? In the dynamic landscape...

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