11/08/2017
Dubai's biggest bank launches operations in India
Move by Emirates NBD comes as a third of its customer base is from India
Retail Banking
11/06/2017
Mashreq Bank partners with Union Pay to increase online card acceptance in the UAE
The new partnership is in line with the rise in online trading observed across the nation.
11/05/2017
Kuwait’s Burgan Bank in early talks for $350 mln loan refinancing - sources
A spokesman for Burgan Bank did not immediately respond to a request for comment.
11/05/2017
UAE Banks Federation Chairman hosts US Treasury Secretary, US Ambassador to the UAE in Abu Dhabi
Al Ghurair highlighted the various initiatives undertaken by the UBF to assist the UAE banking industry.
11/02/2017
Slump in lending poses profit challenge for Saudi banks
The kingdom’s economy has fallen into recession as the oil sector has stagnated and the public sector is hit by austerity policies to curb a state budget in an era of lower oil prices.
11/01/2017
Oman to harness power of blockchain technology for economic development
The symposium is expected to attract over 700 delegates, including top decision-makers from a wide range of public and private sector organisations.
10/30/2017
Emirates NBD reports nine-month net profit of Dh6.17 billion, up 15 per cent
Higher net interest income, lower costs and provisions boost earnings
10/30/2017
KIB achieves KD 13.5m net profit for 9 months of 2017
The Bank’s investment portfolio increased by 18 percent to reach KD 84 million, compared to the same period last year.
10/30/2017
HSBC CEO says bank interested in financing Saudi NEOM project
It will create an enormous demand for the raw materials and the construction input to build a series of cities.
10/30/2017
Bahrain-based Bank ABC closes aircraft financing for DAE Capital
Bank ABC is a leading provider of specialised finance solutions in the Middle East.
10/29/2017
Al Ahli Bank of Kuwait-Egypt, EFG Hermes Financial Leasing Sign Cooperation Protocol To Support SMEs
Bank Is Considering Launching Several Initiatives To Provide Maximum Support To This Sector In Light Of Economic Developments
10/29/2017
Emirates Investment Bank Reports A 48.4 Per Cent Increase In Net Profits For The Third Quarter
Emirates Investment Bank Has Announced Its Financial Results For The Third Quarter
10/27/2017
Emirates NBD Selects NexJ for their Wholesale Banking Division
NexJ chosen to help the bank's Relationship Managers better understand customers, identify opportunities, and collaborate to increase sales efficiency and effectiveness.
10/26/2017
Lebanon's Bank Audi says net profit to end-Q3 up 8 pct
The bank said in the first eight months of the year deposits rose by $6.7 billion, which compared with a $5.5 billion increase in the same period last year.
10/25/2017
RAKBank Group reports Dh606.3 million nine-month net profit
Impairments declined 27.8% year-on-year in the third quarter of 2017
10/25/2017
QNB Group tops The Banker’s 100 Arab Banks list for 2017
The Bank maintains its commitment to long-term and prudent growth of Tier 1 capital, which continues to increase despite several challenges.
10/25/2017
Goldman Sachs to HSBC jostle for Saudi spoils in economy’s shift
The occasion: debating the opportunities created by the kingdom’s reform process while mingling with Saudi ministers of finance, energy, and commerce and the head of the country’s sovereign wealth fund.
10/25/2017
Saudi British Bank Meets Forecasts With 8.8 Percent Rise In Quarterly profit
SABB Is In Merger Talks With Local Peer Alawwal Bank
10/25/2017
First Abu Dhabi Bank posts Dh2.6 billion Q3 profit
FAB Was Created After The Merger Of National Bank Of Abu Dhabi And First Gulf Bank
10/25/2017
ABK reveals net profit of KD 22.1 mln in Q3 2017
Capital adequacy ratio was robust at 16.76 percent and Earnings per Share (EPS) stood at 14 fils, compared to 12 fils in 2016.