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- QNB Group enhances brand with new Sonic sound identity
- Barwa real estate signs two refinancing agreements worth 557 Mln USD
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- Truce between Trump and $30tn US bond market remains fragile
- Oman's central bank issues treasury bills worth OMR95mn
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- Jazeera Airways to become first carrier at Amman City Airport
- NBB's strategic vision delivers high returns: GCEO
- e& and ZTT complete region's first hollow-core fibre field trial
- Oil Rises as Investors Weigh Outcome of Trump-Zelenskiy Meeting
27/11/2017 07:38 AST
RAKBank has announced the launch of its new savings deposit account called 'Recurring Deposits', that offers easy access to customers' funds, guaranteed principal, and the ability to earn up to 2.5 per cent interest on their savings.
Ideal for customers
With a minimum tenor of 12 months and a maximum of 5 years, the Recurring Deposits account is particularly ideal for customers that are planning to practice financial discipline, receive guaranteed returns, and gain high interest rate on their savings.
Peter England, RAKBank CEO, said, "The Bank's Recurring Deposit is a simple way for all our individual customers to implement savings as a financial obligation and turn it into a positive habit.
"People are burdened with expenses on a daily basis, where the option of savings is constantly set aside due to other obligations."
"Our Recurring Deposit helps our customers take small steps towards achieving their financial goals and save money for their future and for when they would like to purchase any big-ticket item."
WAM
01/12/2025
Network International (Network), a leading fintech company with operations across the Middle East and Africa (MEA) region, said it has reached an agreement with leading SME bank Rakbank to buy its me
Trade Arabia
22/04/2025
RAKBank's total assets increased by Dh12.2 billion, reflecting a growth of 15.5 per cent compared to the first quarter of 2024.
The National Bank of Ras Al Khaimah (RAKBank) on Monday annou
Khaleej Times
06/03/2018
Similarly, last year the Bank signed an agreement with Sharjah Electricity & Water Authority (SEWA) to facilitate the bill payment via its Digital Banking Platform for customers in Sharjah. The SEWA
CPI Financial
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 14.84 | 0.10 (0.67 |
30/12/2025
QNB Group announced the launch of its first-ever sonic identity, marking a new milestone in the bank's brand evolution and customer engagement journey.
Developed in collaboration with Sixièm
The Peninsula
30/12/2025
Barwa real estate group (a Qatari public shareholding company) announced the signing of two refinancing agreements with Qatar National Bank (QNB) totaling 557 million USD.
A statement by the
The Peninsula
30/12/2025
Jazeera Airways, Kuwait's low-cost carrier, has signed a strategic Memorandum of Understanding (MoU) with Amman City Airport.
Under the agreement, Jazeera Airways is set to become the first
Trade Arabia
30/12/2025
National Bank of Bahrain's (NBB) strategic vision has enhanced its agility in adapting to the rapidly changing global and regional landscape, while delivering the highest return on equity amongst its
Trade Arabia
30/12/2025
e& UAE, the flagship telecom arm of global technology group e&, in partnership with ZTT, a leading provider of advanced fibre optic solutions, has announced the completion of the region's first hollo
Trade Arabia
Financial Information Co.
Saudi Arabia