Banking

Nearly 59% Of UAE Workers Rely On Gratuity To Fund Retirement

Citigroup Admits It Pays Women 29% Less Than Men

How Automation Is Changing Banking Culture

Wave Of GCC Bank Mergers Will Boost Profits And Ease Overcapacity

Higher Interest Rates Cause 3-6 Month Deposits To Swell To $42.96 Billion

Top 10 Banks In Saudi Arabia

The Government of Sharjah To Invest $517 Million in the struggling Invest Bank

Saudi Arabia’s banking industry re-shaped

Banking Now

8 months ago

Nearly 59% Of UAE Workers Rely On Gratuity To Fund Retirement

The poll also found out that the majority of UAE residents expect to continue working through retirement as well.
By Mary Sophia 3 min read
8 months ago

Citigroup Admits It Pays Women 29% Less Than Men

Citigroup has revealed that female employees globally earn 29% less than their male counterparts, while U.S. minorities earn 7% less than non-minority employees.
By Ruth Umoh 9 min read
9 months ago

How Automation Is Changing Banking Culture

UAE banks are finding that investing in robotic processes can pay off in a big way. But what does this mean for human bank workers?
By Stian Overdahl 8 min read
9 months ago

Wave Of GCC Bank Mergers Will Boost Profits And Ease Overcapacity

M&A activity among GCC banks is set to create synergies and increase pricing power, according to a new report launched by Moody's Investors Service.
By Nermeen Abbas 4 min read
9 months ago

Higher Interest Rates Cause 3-6 Month Deposits To Swell To $42.96 Billion

  The aggregate balance of 3-6 month banking deposits amounted to $42.96 billion during the first 11 months of 2018, according to figures released by the Central Bank of UAE.
By Jason Lasardo 3 min read
9 months ago

Top 10 Banks In Saudi Arabia

Forbes Middle East introduces the 'Top 10 Banks In Saudi Arabia", in which the biggest Saudi banks have generated aggregate profits of $11.5 billion, with total assets that reached $556.9 billion.
By Nermeen Abbas 7 min read
9 months ago

The Government of Sharjah To Invest $517 Million in the struggling Invest Bank

This is to enable Invest Bank to maintain capital adequacy after booking provisions of AED 1.266 billion ($344.65 million) in the third and fourth quarter financial statements, as per Central Bank...
By Amany Zaher 4 min read
9 months ago

Saudi Arabia’s banking industry re-shaped

Saudi Arabia’s biggest lender National Commercial Bank has begun preliminary discussions to merge with Riyad Bank. If this merger was agreed on, this will re-shape the banking sector in Saudi Arabia...
By Ahmed Mabrouk 4 min read