10/24/2017
Saudi Upgrade to Emerging Market Status From MSCI Is ‘Inevitable,’ HSBC Says
Stock buyers are already positioning themselves, bankers say
Retail Banking
10/24/2017
UniCredit opens new branch in Abu Dhabi
UniCredit has chosen the Abu Dhabi Global Market, the region’s leading financial free zone, as a base for its new operation.
10/24/2017
Burgan Bank Group Announces 2017 First Nine Months Earnings
The strength of our operating capabilities is yielding strong performance that was reflected during the first nine months of the year.
10/22/2017
ADCB third quarter profits up 9% to Dh1.1b
Increase in profits comes despite higher impairments, which jumped 10%
10/22/2017
National Bank of Fujairah operating profit grows 11.9% in Q3 2017
Net interest income and net income from Islamic financing and investment activities for the quarter grew by 11.5 percent.
10/22/2017
Global Finance names UNB among top 10 safest banks in Middle East
The bank aims to achieve sustainable growth and to maintain strength in the face of economic changes
10/19/2017
Q3 profit rise at Riyad Bank could support Saudi bank stocks
Results on Thursday included Saudi Kayan Petrochemical Co., which reported a 140.9 percent rise in third-quarter profit to 381.0 million riyals
10/18/2017
NBK named Best Bank in Kuwait 2017 by Global Finance
We have selected the winners based on performance over the past year.
10/18/2017
Commercial Bank of Dubai profit drops on provisions
Customers' deposits in the first nine months reached Dh47.5 billion
10/17/2017
Gulf Bank Records an Increase of 10 Percent Y-O-Y in Net Profit for the First Nine Months of 2017
Over the first nine months of 2017, total assets of the bank grew by 3.5% while Loans and Advances to customers increased by 3.3%.
10/17/2017
ENBD honoured at BAI Global Innovation Awards
The awards recognize banking institutions changing the face of the global financial services industry.
10/16/2017
UAB Q3 profit hits Dh50 million on lower provisions
The benefits of branch rationalisation have resulted in operating expenses being robustly managed.
10/16/2017
Second UAE Food Bank opens in Dubai
The UAE Food Bank is an integrated humanitarian system to establish the value of feeding.
10/16/2017
Abu Dhabi Commercial bank raises A$400 mln in bonds
Kangaroo bonds are issued by non-Australian issuers in the Australian market and are denominated in Australian dollars.
10/15/2017
Qatar National Bank aims to refinance $3 bln loan by year-end –sources
Authorities in the three countries have not publicly warned foreign banks against doing business in Qatar, but foreign bankers fear consequences if they do new deals there.
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.
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.