10/15/2017
FAB Recognised as Safest Bank in the UAE and the Middle East
The awards recognise banks across the world through an evaluation of long-term foreign currency ratings from global ratings agencies.
Retail Banking
10/13/2017
Gulf banks ‘ripe for consolidation’ following FAB deal
Mergers are proving elusive despite favourable conditions
10/12/2017
UNB records net profit of AED 1,369 million for the nine month period ended 30 September 2017
The operating profit for the nine month period ended 30 September 2017 was AED 1,886 million
10/11/2017
Qatar National Bank rules out sale of stake in UAE bank
The largest lender in the Middle East and Africa by assets.
10/11/2017
Qatar's CBQ Is Said to Plan Capital Increase in Turkish Unit
CBQ bought a 71 percent stake in Alternatifbank in 2013 and increased it to full ownership in 2016.
10/11/2017
QNB nine-month profit up 6pc; tops $2.75bn
Under this programme, a $630 million tranche was issued with a maturity of 30 years callable every five years.
10/10/2017
NBK reports KD 238.4m net profits of for 9M
NBK has been and will continue to be at the forefront of this project financing market as the largest and most capable institution in Kuwait in structuring and underwriting such large transactions for mega infrastructure projects.
10/09/2017
NBK awarded ‘Best Corporate for Investor Relations in Kuwait’
The awards are based on the votes of hundreds of analysts and investment managers from the world’s largest investment banks who took part of Extel Thomson Reuters’ survey.
10/09/2017
UAE banks ranked first in GCC with $723bn in assets
The UAE banking system has received the highest ratings by international financial institutions.
10/08/2017
UAE banks continue to top GCC with $723b worth of assets
The UAE banking sector’s continuation of being ranked first represents an evidence of the financial solvency it enjoys
10/03/2017
Middle Eastern banks tap international loan market for first time
BisB signed its debut syndicated loan for $101m, double the amount it waslaunched at.
10/02/2017
Qatari economy set to continue strong momentum
The recovery reflects the authorities determined efforts to find alternative trade routes for goods previously sourced/destined for Saudi Arabia and the UAE.
10/01/2017
Barwa unit acquires prime property in France
The assets risk base is low as compared with high risks in other low interest rate universe, he added.
09/27/2017
FAB Named Leading Corporate for Investor Relations in the UAE
It is a testament to the solid, lasting relationships FAB is building with investors and analysts.
09/26/2017
Commercial Bank of Qatar in talks to sell United Arab Bank stake
The tensions between Qatar and the UAE is a reason for the sale.
09/25/2017
CBQ to raise funds from Asian market
Formosa bonds are sold in Taiwan by foreign issuers and denominated in currencies other than the Taiwanese dollar.
09/21/2017
Morocco's Attijariwafa Sees Egypt Unit as Major Driver of Growth
The currency plans have been postponed at least twice.
09/20/2017
Emerico launches virtual smart machine with self-service banking in Middle East
Emerico Private Limited marked the launch of its second Generation virtual smart machine that will offer enhanced features to strengthen self-service banking and customer-oriented services
09/18/2017
Emirates NBD plans Saudi expansion with 20 additional branches, CEO says
Dubai’s biggest bank is looking to acquire banks in the GCC, Africa and Turkey as it seeks to expand its footprint
09/18/2017
Banque du Caire to inject EGP 5bn in syndicated loans to several economic sectors
We are considering participating in the EEHC loan by EGP 3bn, next to channelling other funding for public and private economic activities, says Soliman