01/14/2018
Banks help Saudi rise early on, Qatar continues rally
Government ownership could be positive for banks owed billions of dollars by Saudi Binladin if it helps the group return to profitability.
Retail Banking
01/10/2018
Crealogix to buy Innofis to establish presence in Middle East market
Innofis, which employs 120 qualified engineers and specialists, generated CHF10m of revenue in 2017.
01/09/2018
Abu Dhabi Commercial Bank issues $540 million Formosa bond -sources
The bank did not immediately respond to a Reuters request for comment.
12/27/2017
Saudi Arabia’s first bank beats region’s best to win two corporate excellence awards
Everyday the team proves they are proud to be part of this bank and work very hard to build relationships of trust with our customers.
12/26/2017
Bank of Palestine Group announces new structure
Bank of Palestine announced a new structure for the Bank's group of companies designed to enhance the bank's overall growth strategy.
12/26/2017
First Abu Dhabi Bank Named 'UAE Asset Manager of the Year'
Over 200 delegates attended the conference, representing asset managers, hedge funds, banks and brokers from across the MENA region.
12/20/2017
QNB: Weathering the storm
In the most difficult circumstances, QNB's international strategy has paid dividends
12/20/2017
Bank Muscat staff honoured at 35th anniversary celebrations
Bank Muscat reckons its competent people as key strength and is focused on equipping them to make vital contributions to the bank's growth and success.
12/19/2017
Dubai Financial Market welcomes listing of Bahrain’s Khaleeji Commercial Bank
Trading commenced on the bank’s shares under the trading symbol "KHCB"
12/18/2017
Kuwait's Largest Lender Plans Saudi Arabia, Egypt Expansion
NBK posted a 9 percent increase in nine-month profit in October as interest income and income from Islamic banking rose.
12/17/2017
Gulf Bank Wins ‘Credit Risk Technology Implementation of the Year’ from Asian Banker
The Asian Banker is one of Asia’s leading consulting companies in financial services research, benchmarking and intelligence.
12/17/2017
Ithmaar Bank's retail banking subsidiary Faysal Bank Limited reports net profit of $36.3 million
The announcement, by Ithmaar Group Chief Executive Officer and FBL Vice Chairman, Ahmed Abdul Rahim, follows the review and approval by the FBL Board of Directors of the financial results for the nine months ending September 30, 2017.
12/17/2017
UAE banks refuse to accept coins for deposit or exchange
The Central Bank warned that it would, henceforth, closely monitor the banks that violate this instruction and will take appropriate measures in this regard.
12/13/2017
Faysal Bank logs $36.3m net profit
FBL’s financial performance has earned the Bank “AA” and “A1+” ratings
12/11/2017
Ithmaar Bank Awarded 'Best Islamic Retail Bank in Bahrain'
The award was received on behalf of the Ithmaar Bank Chief Executive Officer, Ahmed Abdul Rahim, by the Ithmaar Bank Head of Commercial and Financial Institutions, Abdulla Talib.
12/10/2017
Bank Aljazira Wins 'Best Islamic Retail Bank' for Second Time
Mr. Khalid Al-Othman, Bank Aljazira’s Senior Vice President and Head of Retail Banking Group, stressed that “Winning this award for the second time cemented Bank AlJazira’s leadership in Islamic Retail Banking
12/10/2017
Emirates NBD sees growth momentum gaining in retail and wealth management
Outlook is bullish with tailwinds from rising interest rates and improving economy
12/07/2017
Gulf banks to benefit from financial buffers
It forecasts that real GDP growth in the region will pick up slightly to around 2 percent in 2018 from no growth in 2017
12/04/2017
Union National Bank Is A Pillar Of The United Arab Emirates Economy
UAE’s Banking Sector Has Gone From Strength To Strength
12/03/2017
CBE to receive EALB development plan by early 2018: EALB chairperson
We have managed to attract new deposits worth over EGP 1.2bn while negotiating new loans worth over EGP 2bn in food, real estate development, petroleum, grain storage sectors, says Kamal