03/07/2018
ICBC lists 2 bonds on Nasdaq Dubai
ICBC, the world’s largest bank by assets, set up its Dubai branch in 2008, which is the first branch set up in the Middle East by a Chinese bank.
Retail Banking
03/06/2018
ABK-Egypt’s net operating profit grows 206%
Total assets increase by 40% year-on-year in 2017
03/06/2018
Commercial Bank to increase investment in Turkish subsidiary
Alternatif Bank has the full support of Commercial Bank and we have made a lot of progress in the last year in terms of greater collaboration and integration.
03/06/2018
Doha Bank wins ‘Best Local Bank in Qatar’ award
We have earned the reputation of being one of the leading financial institutions in the country and it comes with the responsibility of constantly evolving with changing demands and introducing in-trend products and services.
03/05/2018
UAE non-oil growth slows to five-month low, says Emirates NBD
Output growth slowed to a nine-month low during February and weaker growth weighed on business confidence
03/04/2018
Doha Bank’s Seetharaman chosen ‘CEO of the Year’
He gave insights into the future trends impacting digital space and the challenges faced in digital economy.
03/02/2018
Bank Muscat mandates banks for dollar bond issue
Bank ABC, Bank Muscat, Citigroup, Credit Agricole CIB, Emirates NBD Capital, First Abu Dhabi Bank, HSBC and ICBC Standard Bank will act as joint lead managers and bookrunners
03/01/2018
Bank of New York Mellon Corp plans to set up Saudi office: sources
BNY Mellon already handles overseas funds held by Saudi government-linked entities from outside the kingdom but opening an office in Riyadh will enable it to work more closely with its clients and solicit new business, the sources said.
02/28/2018
Deutsche Bank planning UAE hires
Deutsche Bank’s expansion plans for the Middle East come as the lender is said to have started cutting at least 250 jobs globally
02/28/2018
Commercial Bank hosts Moroccan business delegation
The aim of the VIP business dinner was to strengthen trade relations between businessmen from Qatar and Morocco and to explore partnership possibilities in different major sectors.
02/27/2018
Commercial Bank of Qatar debuts in Swiss francs
CBQ’s trade is the best illustration yet of Swiss investors growing more comfortable with Middle Eastern financial credit.
02/26/2018
QNB receives two major awards from Euromoney magazine
QNB is a frequent recipient of the prestigious Euromoney awards
02/26/2018
Bank Sohar inaugurates relocated Nizwa branch to better serve its customers
The opening ceremony began with H E Aghbari cutting the ribbon, accompanied by the bank’s senior officials and a number of the bank’s VIP customers from the region.
02/26/2018
First Abu Dhabi Bank Sees Interest-Rate Jump Boosting Its Profit
Saudi lending to rise ‘multiple’ times now it has a license
02/25/2018
Net interest income growth boosts profitability of UAE lenders
Moodys expects credit growth to positively impact large lenders in 2018
02/21/2018
ABG total assets rose 9pc to exceed US$25bn
Total operating income decreased by 7pc to reach US$1 billion and net operating income decreased by 15pc to US$430 million from the year 2016.
02/21/2018
Qatar’s Commercial bank to pull out of Abu Dhabi-based UAB
Commercial Bank argued that the move to pull out of UAB is not dictated by the current diplomatic row opposing Qatar and its neighbors, namely the UAE, Saudi Arabia, Bahrain plus Egypt.
02/20/2018
European Tour assures total commitment to Qatar
The Qatar Masters has played an important role in the region for 20 years as far as raising the profile of golf is concerned.
02/19/2018
Qatar National Bank to sell small stake in Egypt unit to comply with listing rules
QNB plans to reduce its 97.125% stake in QNB Alahly to 95%.
02/19/2018
Barwa Bank wins 2 titles at Global Banking & Finance Awards 2017
The two coveted titles add to a slew of awards and recognitions that Barwa Bank has garnered over the years