Banking

DIB Considers Acquiring Its Rival, Noor Bank

Will Dubai Islamic Bank Be The Next UAE Lender To Acquire A Rival?

Abu Dhabi Banking Giant FAB Denies Merger Talks With ADIB

Dubai's Emirates NBD Saves $500M In Its Acquisition Of Turkish Denizbank Thanks

This Kuwait Bank Says It Could Lose $9 Million Following Service Disruption

Shuaa Capital, ADFG In Merger Talks – Report

UAE banks to pay $5.1 billion Dividends for FY 2018

Banks Are Promoting 'Female' Chatbots To Help Customers, Raising Concerns Of

Banking Now

2 days ago

DIB Considers Acquiring Its Rival, Noor Bank

Dubai's biggest lender said that it is exploring "a possible acquistion" of its rival Noor Bank.
By Mary Sophia 3 min read
1 week ago

Will Dubai Islamic Bank Be The Next UAE Lender To Acquire A Rival?

Dubai Islamic Bank was reported to be in talks with Noor Bank to explore a potential merger.
By Mary Sophia 4 min read
3 weeks ago

Abu Dhabi Banking Giant FAB Denies Merger Talks With ADIB

Reports indicate that shareholders of both banks are in talks for a deal but warned that discussions are at an early stage and might not materialize in a deal.
By Mary Sophia 4 min read
3 weeks ago

Dubai's Emirates NBD Saves $500M In Its Acquisition Of Turkish Denizbank Thanks To Lira Slump

The lira has lost 17% against the dollar since the deal was signed, hitting a record low in August.
By Nermeen Abbas 3 min read
3 weeks ago

This Kuwait Bank Says It Could Lose $9 Million Following Service Disruption

The lender, though, sought to reassure its stakeholders saying that none of the customer accounts were affected in the service disruption.
By Mary Sophia 3 min read
1 month ago

Shuaa Capital, ADFG In Merger Talks – Report

The companies have appointed a working group consisting of senior executives to review the commercial potential of a merger.
By Mary Sophia 3 min read
1 month ago

UAE banks to pay $5.1 billion Dividends for FY 2018

A total of $5.1 billion of dividends have been proposed by 18 listed UAE national banks for 2018—12.2% up from $4.5 billion in 2017 due to incresased profits.
By Jason Lasardo 3 min read
1 month ago

Banks Are Promoting 'Female' Chatbots To Help Customers, Raising Concerns Of Stereotyping

The proliferation of bots with female names raises questions about whether they might also perpetuate gender stereotypes, particularly around the notion of women in the role of assistants.
By Parmy Olson 15 min read