11/14/2019
Abu Dhabi Islamic Bank to discuss raising foreign ownership limits
Foreign ownership limits were last increased in November 2018 to 25%
Retail Banking
11/12/2019
Ithmaar Bank continues to report increasing profits
Further improvements on already strong liquidity
11/12/2019
Abu Dhabi Islamic Bank posts 5.2% increase in quarterly profit
The Shariah-compliant bank said its credit provisions and impairments rose by 20.8% to 207.5 million dirhams.
11/12/2019
Qatar- Commercial Bank wins two key accolades at Asian Banker's Awards 2019
Qatar's first private bank is winning the awards for the fourth year in a row
11/07/2019
Bahrain's Al Salam Bank net profit surges 19%
Operating income grew by 32%
11/05/2019
Emirates NBD offers instant account opening on mobile
Customers also stand to win Mercedes Maybach S-650 cars and Omega Speedmaster watches
11/04/2019
Noor Bank, Smart Dubai explore latest innovations in banking
The Noor Business Council offers a prominent platform for exchanging insights and expertise on the matter, and we are delighted to be part of that conversation.”
10/31/2019
Residential communities and cultural attractions drive growth for Saadiyat Island: report
Cavendish Maxwell, a property consultancy and chartered surveying firm in the Middle East, released a special focus report on Saadiyat Island, the cultural mainstay of Abu Dhabi.
10/31/2019
Zahran: KFH is on track in promoting synergy among the group's banks
Al-Mukhaizeem: The success of the digital transformation strategy in the Group is a qualitative move in rolling out digital financial solutions
10/31/2019
National Bank of Fujairah plans to set up SME banking platform
The platform will be an exclusive digital space co-created with SMEs to understand and address their needs.
10/30/2019
Ithmaar Bank launches WhatsApp chat service
Customers will be able to request for information about Ithmaar Bank products and services
10/30/2019
S&P maintains Gulf Bank of Kuwait's ‘A-’; outlook stable
The rating reflected the GBK’s position as Kuwait’s fourth biggest commercial bank
10/29/2019
Emirates NBD Announces Third Quarter 2019 Results
The cost to income ratio at 30.3% is within guidance however the Bank remains firmly focused on cost controls as we face pressure on income due to falling interest rates.
10/29/2019
Arab Bank Group profit grows by 4 per cent in nine months
Strong performance was driven by growth in core banking income with net interest income increasing by 5 per cent.
10/28/2019
QIIB profit jumps 5.7% to QR777mn in Q3
Sheikh Dr Khalid said, “Our satisfaction with the results stems from the fact that we were able to be part of the exceptional success achieved by the Qatari economy, which excelled in overcoming the siege and its repercussions.
10/28/2019
ADCB sees 13% drop in profits as income falls
Bank raises forecast for cost synergy benefits to Dh840b
10/28/2019
NBK Group CEO receives ‘Distinguished Services to Arab Banking’ award from ABA
This family is NBK’s most valuable resource and it is the men and women who dedicated their lives to make NBK one of the best banks in the Middle East region.
10/28/2019
Dubai Islamic Bank Shines at the Islamic Business and Finance Awards 2019
The bank received the renowned titles
10/28/2019
UAE’s Abu Dhabi Commercial Bank to exit Qatar and Kuwait
The move comes after the bank sold the majority of its banking portfolio in India to DCB Bank.
10/25/2019
UAE's First Abu Dhabi Bank Q3 net profit up 3%
FAB made a net profit of 3.11 billion dirhams ($847 million) in the three months ending Sept 30, compared to 3.02 billion dirhams in the prior-year period, it said in a statement.