04/29/2018
The DIFC branch, regulated by Dubai Financial Services Authority is fast tapping into the trade finance business relations from the Middle East and Asia with the African continent, particularly Nigeria.
04/27/2018
The blockade has hurt the revenue of many Qatari companies, forcing them to shrink their workforce and sell non-core assets.
04/27/2018
ADCB’s impairment allowances reached 380 million dirhams during the quarter, down 2 percent from the same period of last year.
04/26/2018
The emirate's second-largest bank by assets made a net profit attributable to shareholders of AED1.21billion ($330million) in the three months to Mar 31.
04/26/2018
Financial inclusion is a key pillar for achieving the state vision for sustainable development: Fayed
04/25/2018
"Disciplined execution of our plans resulted in lower operating cost, however, at the same time further enhancements were rolled out to our well recognised cash management and digital offerings," he said.
04/24/2018
The global average cost of sending $200 was 7.1% in the first quarter of 2018, and sub-Saharan Africa remains the most expensive place to send money to, where the average cost is 9.4%.
04/22/2018
Better margins, lower provisions lift banking sector performance
04/21/2018
Citing a recent IEA survey of global carbon levels, he said global carbon dioxide emissions surged to record levels in 2017 after the landmark 2016 Paris climate agreement was signed.
04/19/2018
During the quarter, the Impaired Loan Ratio improved by 0.2 per cent to 6.0 per cent.
04/18/2018
It is the fourth major Qatari bank to report earnings for the period.
04/18/2018
Cost to income ratio for the quarter improved to 30%, reflecting efficient management of bank’s operations.
04/18/2018
Lender reports “record” net profit of Dh2.39bn, says poised for growth across GCC
04/16/2018
New strategy focuses on offering next-level customer experience that delivers much more than just ‘banking’
04/11/2018
Broadgate Advisers were recognised as the best financial M&A advisers in the Financial Services industry.
04/11/2018
We are the first bank in Qatar to launch contactless credit cards, debit cards, and point of sale machines to strengthen our position as the market leader for technology and innovation in Qatar’s banking industry.
04/10/2018
The rise in net interest income and net income from Islamic financing was driven by strong growth in business volumes
04/10/2018
Government officials and developers from across the UAE gather to discuss economic impact of real estate escrow account regulations
04/09/2018
The advanced economies are expected to grow by 2.3 percent in 2018 and 2.2 percent in 2019 according to IMF Jan 2018 Outlook.
04/09/2018
First year profit covering all direct costs for DIFC Branch recorded at £671k (AED 3.4m)