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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

09/14/2016

Dubai group said to work with Citigroup on sale of Bank Muscat stake

Dubai Financial Group is working with Citigroup to find a buyer for its stake in Omani lender Bank Muscat

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