02/17/2019
In addition to its brand engagement, Emirates NBD delivered a record set of results in 2018 net profit up 20% year-on-year to AED10 billion, underpinned by higher income and a lower cost of risk.
02/17/2019
Alawwal managing director Soren Nikolajsen says the Ibda cafe bank branch in Riyadh's Nakheel Mall is 'by far' the most active of the bank's branches, with a higher proportion of young and female customers
02/15/2019
Lower provisions and cost reductions supported profit gains
02/14/2019
Jamal Al Kishi, Middle East and Africa CEO, said Deutsche Bank said it expects to be involved in large financing deals and M&A
02/14/2019
The signing ceremony took place recently in Dubai and was attended by the senior management of Daewoo E&C.
02/14/2019
A shake-up has been long mooted in Qatar’s banking system, where 18 local and international commercial banks serve a population of around 2.6 million.
02/13/2019
The consolidation of the UAE’s finance sector is helping to drive economic expansion in the country and beyond, with companies like Union National Bank employing innovative growth strategies for the good of the region
02/13/2019
Tighter monetary environment and growing loan defaults could put pressure on net interest margins
02/13/2019
Bank reiterates merger plans with ADCB to create ‘preeminent group’
02/13/2019
2018 another successful year for AUB; net profit grows 15.3% y/y
02/13/2019
A large number of QIIB executives and employees led by chief executive Dr Abdulbasit Ahmad al-Shaibei walked along the Doha Corniche, a popular destination for sport activities.
02/13/2019
Islamic equities were seen declining slower than the main index in the market, where local non-Qatari institutions turned bullish.
02/13/2019
Slow growth and subdued credit demand in the region is one of the biggest drivers of consolidation
02/12/2019
Revamped website will focus on offering a comprehensive communication with borrowers and to provide a better service to customers
02/12/2019
Mr. Saddek Omar El Kaber, commented that “The Board is pleased with the continuing improving performance trend of the Group in 2018,
02/12/2019
In recognition of its efforts in supporting the private sector investments in the GCC
02/12/2019
NBF is pleased to announce its results for the year ended 31 December 2018
02/11/2019
Total assets increased by 9pc to $16.
02/11/2019
On last year, it was highlighted how 2018 marked the transition to a new regime of lower expected returns and higher risks, with less economic growth and richer valuations.
02/11/2019
Customer deposits reached US$8.612bn, up by US$584m