02/24/2017
HH Sheikh Maktoum honours winners of Mohammed Bin Rashid Al Maktoum Business Awards
The MRM Business Innovation Award was launched by the Chamber in cooperation with the UAE Ministry of Economy in 2015.
Retail Banking
02/23/2017
Sapient FinTech specialist joins Qatar Bank
FinTech expert, Leda Glyptis, moved from London to join Qatar National Bank as chief innovation officer.
02/23/2017
Commercial Bank of Qatar misses forecasts with 99 pct profit slump
As well as the weaker performance of some of its overseas investments.
02/21/2017
Al Khalij posts net profit of QAR 427 million for 2016
At Al Khalij Commercial Bank Annual General Assembly shareholders endorsed the financial statements for the fiscal year ended at 31 December 2016 which reflect a net profit after tax of QAR 427 million.
02/21/2017
UAE lenders NBAD, FGB post financial position of merged entity
The banks also said they have identified FGB as the acquirer in accordance with IFRS 3 accounting methods.
02/20/2017
Diversification key to Qatar-S Korea alliances
The above developments reveal GCC and South Korea can explore new avenues on account of diversification.
02/20/2017
Tejarat Bank Eying UAE, China
The bank official added that talks with the Turkish bank centered on expanding and developing collaborations.
02/19/2017
Commercial Bank wins Investor Relations award
Commercial Bank has total assets of QR123.9bn as at 30 September 2016
02/19/2017
Yes Bank set to expand Gulf presence with DIFC debut
India's fifth-largest private sector bank forecasts 250% growth by 2020
02/16/2017
Solid profitability seen for top UAE banks
The banks' Q4 performance was underpinned by higher fee and commission income from retail and corporate lending services.
02/16/2017
Bank of Palestine Announces net profit of $53.05 million for FY 2016
Our majority stake in the Arab Islamic Bank have positively impacted both the Balance Sheet and income statement of BOP.
02/15/2017
Qatar has potential to lure up to $15bn funds inflows: Seetharaman
Finding that “no material inflow has come” after the global agencies MSCI, Standard & Poor’s and FTSE Russell upgraded the QSE into emerging from frontier status
02/15/2017
Gulf Bank concludes bankwide operational risk awareness training
The two-day workshops built an understanding of the importance of operational risk management within the Banking industry.
02/15/2017
Union National Bank’s fourth-quarter profit rises 29%, missing forecasts
2016 was a challenging year for Union National Bank
02/15/2017
Large UAE banks post solid profitability
This performance was underpinned by higher fee and commission income from retail and corporate lending services.
02/14/2017
Merger of NBAD, FGB to take effect on 1st April
The merger will lead to the creation of the largest banking entity in the Middle East.
02/14/2017
Barwa Bank posts 2016 net profit of QR738.8mn
These results demonstrate the strength of the group and its financial position and strategy.
02/14/2017
Tahir eyes StanChart''s Permata stake
The group has been buying shares of Permata from the market since November.
02/14/2017
Large UAE banks' post solid Q4 profitability supported by stable core income
This performance was underpinned by higher fee and commission income from retail and corporate lending services.
02/12/2017
60 years bodes well for ibq
Commission increased by four per cent to QAR 128.6 million from 2015’s QAR 124.1 million, and investment income posted QAR 20.9 million.