Middle East's Best Banks
LATEST ARTICLES
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As if the Covid-19 pandemic hasn’t been disorientating enough, First Abu Dhabi Bank also had to contend with change at the very top this year. André Sayegh retired in January after 21 years at the bank and was elevated to the FAB Board: he was replaced by industry veteran Hana Al Rostamani as group chief executive, the first woman to lead the bank.
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As if the Covid-19 pandemic hasn’t been disorientating enough, First Abu Dhabi Bank also had to contend with change at the very top this year. André Sayegh retired in January after 21 years at the bank and was elevated to the FAB Board: he was replaced by industry veteran Hana Al Rostamani as group chief executive, the first woman to lead the bank.
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One of the banks that had a good Covid-19 crisis is UAE-based Mashreq Bank.
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One of the banks that had a good Covid-19 crisis is UAE-based Mashreq Bank.
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Talaat Harb Pacha, the Egyptian who founded Banque Misr, remains a towering figure in the Middle Eastern economics community even today, 80 years after his death. The statue in his honour that adorns Talaat Harb Square in downtown Cairo, not far from Tahrir Square, speaks to the lasting influence of his ideas on domestic industry and development.
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The UAE’s largest bank likes to sell itself as one of the world’s safest and most influential institutions. Over the last 12 months, First Abu Dhabi Bank proved this marketing campaign right by almost every metric that investors apply.
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The UAE’s largest bank likes to sell itself as one of the world’s safest and most influential institutions. Over the last 12 months, First Abu Dhabi Bank proved this marketing campaign right by almost every metric that investors apply.
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The pandemic didn’t knock Bahrain’s fastest-growing bank, Al Salam Bank Bahrain, off course. With chief executive Rafik Nayed in the hot seat, the bank increased its market share across all businesses, particularly customer deposits and financing facilities, in 2020.
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Over the last 37 years, Bahrain Bay-based Al Baraka Islamic Bank has built a strong presence in Algeria, Egypt, Jordan, Lebanon, Morocco, Pakistan, Saudi Arabia, South Africa, Sudan, Syria, Tunisia, and Turkey. All told, it has a presence in 17 countries – with a total population of 1 billion people – and provides services through more than 700 branches.
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Pandemic or no, Emirates NBD and its chief executive, Shayne Nelson, had plenty to celebrate this year, making it Asiamoney’s best domestic bank for Dubai and best corporate and investment bank.
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Pandemic or no, Emirates NBD and its chief executive, Shayne Nelson, had plenty to celebrate this year, making it Asiamoney’s best domestic bank for Dubai and best corporate and investment bank.
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Commercial Bank of Dubai wins in both the SME and CSR categories, partly on the strength of its digitalization push.
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Commercial Bank of Dubai wins in both the SME and CSR categories, partly on the strength of its digitalization push.
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The sixth year of ABK-Egypt Bank’s existence is proving to be its most transformative, thanks to a digitalization push that is turning heads.
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Arab Bank, which won Asiamoney’s best bank honours last year, spent the second half of 2020 and the first half of 2021 reminding clients why it is deserving of that award, plus more, this year.
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Arab Bank, which won Asiamoney’s best bank honours last year, spent the second half of 2020 and the first half of 2021 reminding clients why it is deserving of that award, plus more, this year.
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Arab Bank, which won Asiamoney’s best bank honours last year, spent the second half of 2020 and the first half of 2021 reminding clients why it is deserving of that award, plus more, this year.
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Kuwait Finance House helped start quite a trend when it opened its doors in 1977 as only the second Islamic bank in the world. There has been no looking back since for the Kuwaiti firm.