10/24/2016
Abu Dhabi Commercial Bank reports nine month net profit of AED 3.153bn
Our balance sheet remains resilient and registered a healthy growth in net loans and customer deposits year to date, 10% and 7% respectively.
Retail Banking
10/23/2016
Abu Dhabi Commercial Bank PJSC reports nine month 2016 net profit of AED 3.153 billion, third quarter 2016 net profit of aed 1.006 billion
Operating in a tighter liquidity environment, the Bank also increased its time deposits significantly, which resulted in higher cost of funds year on year.
10/21/2016
Al Khaliji posts 9-month profit of $117m
The bank’s loan portfolio increased by almost 15% compared to the same period last year.
10/20/2016
Qatari bank CBQ swings to Q3 loss as impairments jump
Q3 attributable loss 1.04 mln riyals
10/20/2016
Nasdaq Dubai expands equity futures market by adding two more leading companies
The benefits of leverage, and the ability to make gains when underlying shares are falling as well as rising, are among the innovative features that the market offers.
10/20/2016
Doha bank achieves sustainable performance
Doha bank sustained the core income as the net interest income is up by 2.1% as compared to same period in 2015
10/19/2016
Ahli Bank of Qatar profit broadly static in first nine months
Earnings per Share amounted to QAR 2.64 compared to QAR 2.65 for the same period of the previous year
10/17/2016
Retail banking faces pressure from slowing economy
Bankers say the worst is over for the sector and the skips are declining.
10/17/2016
Oman's Bank Dhofar says ends talks on proposed Bank Sohar merger
Oman's second-largest lender by assets and Bank Sohar have been exploring a possible merger for more than three years.
10/17/2016
Saudi Oger seeking buyers for $1 billion Arab Bank stake - sources
A small number of potential buyers from both Saudi Arabia and the wider Middle East have started negotiations
10/17/2016
National Commercial Bank third-quarter profit falls short of forecast
Third-quarter bank earnings have been affected, however, by a number of holidays and the summer business slowdown.
10/11/2016
Qatar National Bank Alahly 9-month net profit up 33 pct
Nine-month net profit increased to 3,088 mln EGP, up by 33 pct year on year
10/11/2016
QNB net profit grows by 11% to QR9.7bn
QNB Group completed the acquisition of 99.88 percent stake in Finansbank A? – Turkey, during the year.
10/10/2016
Bank Leumi CEO Sees Dividend Reinstated After Five Year Drought
The bank will send about 6 percent of its workforce into early retirement this year, shedding 700 jobs, according to a June filing.
10/06/2016
22 Commercial Bank employees complete training programme
The best bank in Qatar needs the best people to lead it.
10/04/2016
ADCB grabs two prestigious awards from Global Finance
Abu Dhabi Commercial Bank "Best Cash Management Bank in the UAE" and "Best Liquidity Management Bank in the Middle East" by Global Finance
09/26/2016
NBK moving closer to customers digitally Bank leads change with best global practices
The Arab Times and its readers the success story of NBK and how it keeps pace with the digital age, leaving a lasting imprint of excellent service to its customers.
09/21/2016
Gulf Bank lead sponsor of the Euromoney Kuwait Conference
Gulf Bank will also be participating in the Innovation, Digitalization, and the Future of Kuwaiti Business, Finance, and Governance.
09/15/2016
Kuwait’s outlook robust on strong public spending and fiscal buffers
Non-oil growth bolstered by investment programme
09/15/2016
Middle East: Gulf moves from buyouts to mergers
The NBAD/FGB combination will create the Middle East’s biggest bank by assets and its second-biggest bank by market capitalization