02/11/2019
Warba Bank hires MJ Hudson to build out investment strategy
MJ Hudson Allenbridge advises a variety of institutional investors on strategy and investments across asset classes
Retail Banking
02/08/2019
Turkey’s wealth fund hires banks for first foreign loan
Its portfolio also includes the petroleum pipeline company BOTAŞ, the postal services company PTT, and the national lottery Milli Piyango.
02/07/2019
Ajman Bank Wins The Best Emiratization CEO Award
The award ceremony was held at Sharjah Expo and was organized by the Emirates Institute for Banking and Financial Studies.
02/07/2019
Bank Muscat's Asset Management Division Marks RO1bn Milestone
Bank Muscat’s PEAM division takes pride in its ability to offer its clients a wide array of structured products, hedge funds and private equity funds.
02/07/2019
Jordan's AJIB to release instant bank cards with Network Int'l
The instant issuance capability affirms our commitment to provide world-class solutions to our customers.
02/06/2019
Commercial Bank to issue ‘kangaroo’ bonds in 2019: Group CEO
In terms of raising funds, Abraham said Commercial Bank has a number of diversified providers of funding.
02/06/2019
ABK records KD 42.1m in net profit for 2018
Bank’s operating profit exceeds KD 100 million mark for first time
02/06/2019
Bank lending remains key financing tool in GCC: NBK
The region’s banks have more liquidity and the debt capital market for the energy sector
02/05/2019
Commercial Bank 2018 net profit jumps 175.5% to QR1.66bn
Board of Directors recommends cash dividend pay-out of 15% of par value or QR1.5 per share subject to approval at Commercial Bank's Annual General Assembly on March 20
02/05/2019
BisB ‘fastest growing’ Islamic bank in Bahrain
This marks the third win for BisB
02/05/2019
Al Rahji Bank's net profit jumps 13%, beating analysts' estimates
The rise is attributed to higher total operating income and service fees
02/04/2019
KIB records KD 21 million net profit, 18% growth in 2018
11% cash dividends and 4% bonus shares proposed for 2018
02/04/2019
Arab Bank hits USD820.5m in net profit
The lender affirmed, its total deposits saw a boost to hit USD34.3 billion from the USD33.8 billion seen a year earlier.
02/04/2019
International Bank of Qatar posts QR747.2mn net profit in 2018
“These results highlight the resilience of IBQ and the strength of its Qatar focused business model.
02/04/2019
Revealed: $27m scheme to boost SME funding in the UAE
Emirates Development Bank has announced the launch of the new Credit Guarantee Scheme
02/01/2019
Abu Dhabi’s FAB records net profit of Dh12 billion from 10% gain
Latest numbers show merger benefits accruing across operations, including on expenses
02/01/2019
RAKBank net profits surge 13.2 per cent to Dh917.5 million
Improved interest income and lower provisions boost earnings
02/01/2019
Riyad bank stocks trade higher after bank announces surge in Q4 earnings, beating estimates
Riyad Bank announced a 38.6 percent rise in Q4 profit, says result due to fall in provisions and cost of deposits
02/01/2019
FAB posts 2018 net profit 10pc up at $3.2bn
"FAB’s second year of operations witnessed a number of major successes.
01/31/2019
Burgan Bank team lifts Kuwait Cricket Bank League trophy
The Sports Committee of Burgan Bank congratulated the team on the incredible win and wished them further achievements in upcoming championships.