04/17/2019
Emirates NBD rings bell to list bond on Nasdaq Dubai
Dubai will continue to enhance its listing infrastructure on behalf of UAE and overseas issuers and investors.”
Retail Banking
04/17/2019
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
This sale comes as part of a governmental plan targeting vending stacks of 23 public companies with the purpose of raising 80 billion pounds ($4.6 billion) within three years, Bloomberg reported.
04/17/2019
Emirates NBD Announces First Quarter 2019 Results
Net Profit up 15% y-o-y and 15% q-o-q to AED 2.7 billion
04/17/2019
Oman's Ahli Bank reports higher first quarter earnings, in line with estimates
Ahli Bank's shares rise 0.8 percent on Tuesday following the earnings' announcement
04/17/2019
The Commercial Bank announces net profit for the Quarter ended 31 March 2019
Net profit up by 6.4%
04/16/2019
Bank Muscat reports RO46mn net profit in Q1
Bank Muscat’s operating expenses increased 1.7 per cent to RO48.58mn in the first quarter of 2019
04/14/2019
NBK reports 1Q 2019 net profit, growing by 15.1%
Total assets increasing by 2.4% year-on-year
04/14/2019
Managing dramatic changes in GCC banking and finance industry
Banking and finance CEOs are steering the industry into a new era
04/11/2019
National Bank of Fujairah launches Investment Management Business
Bank provides comprehensive investment solutions with exit possibility on a weekly basis
04/11/2019
Emirates NBD confirms sale of 127.5 million shares
The bank will get a total of GBP 554.5 million from the sale.
04/11/2019
Qatar's QNB net income jumps 4 percent
Figures and hikes have been posted in QNB regardless of a negative effect witnessed due to the devaluation of the Turkish currency.
04/11/2019
Potential Noor Bank acquisition 'positive' for Dubai Islamic Bank
More room for consolidation among UAE banks a benefit as market is overcrowded, EFG-Hermes says
04/10/2019
Banking on finding the correct solutions
The solution spans customer management, loans, deposits, payments, origination, Islamic banking and liquidity management for retail and corporate banking
04/09/2019
M&A Fever Has Yet to Break in the Gulf
Banks from Saudi Arabia to the United Arab Emirates are leading a record pace of consolidations.
04/09/2019
Qatar National Bank Q1 net profit rises 3.8 pct, broadly in li1ne with estimates
The bank reported a net profit of 3.56 billion riyals in the three months to March 31,
04/08/2019
National Bank of Fujairah launches representative office in Antwerp
Presence in the world's historical diamond hub will complement the bank's expertise and strengthen partnership with its clients
04/04/2019
First Abu Dhabi Bank raises $1.1 bln in bonds - document
Citi and Standard Chartered arranged the issue.
04/04/2019
NBB signs up TCS for core banking solutions
TCS BaNCS is a comprehensive and contemporary solution that will standardise and streamline NBB’s operations across multiple countries where the bank operates
04/04/2019
Abu Dhabi said to mull merger to create biggest MidEast bank
Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank
04/04/2019
Top 10 companies in the Middle East
Another Saudi bank that generates a significant amount of revenue is the National Commercial Bank with around $9.6bn in reported revenue.