10/18/2013
Kuwaiti businessman Mustafa Boodai dies at 77
He passed away on Friday at the age of 77 after a life full of contributions to the local banking, investment and insurance sectors.
Retail Banking
10/15/2013
UAE borrowers press to cut loan costs as economy accelerates, default risk drops
UAE companies, including real estate developer Tourism Development & Investment Co and holding group Al Ghurair, are seeking to cut borrowing costs as the country’s economy recovers and default risk falls.
10/13/2013
BankDhofar Profit Swells
BankDhofar yesterday announced a phenomenal 70.8 per cent growth in net profit for the first nine months of 2013 at OMR49.06 million
10/12/2013
Qatar National Bank Profit Jumps 14.1%
Qatar National Bank Group reported a 7.1 billion Qatari riyal net profit for the nine months ending September 20, 2013.
10/12/2013
Qatar National Bank might sell freshly acquired NSGB Egypt
Qatar National Bank is negotiating to sell National Société Générale Bank Egypt only six month after acquiring it,
10/08/2013
Bank Muscat reports 1.6 per cent fall in first nine month's profits
BankMuscat posted net profit of OMR 102.51 million for the period compared to OMR 104.19 million reported during the same period in 2012, according to a statement to the Muscat Securities Market.
10/07/2013
Abu Dhabi Islamic Bank voted most popular bank for loans
Products only make the list if they receive the most views from visitors to the website.
10/07/2013
Abu Dhabi Bank CEO Sees Lenders Stealing Market Share for Growth
“There are going to be a lot of offers to customers that they got previously from the more international banks.”
10/06/2013
Abu Dhabi banks lead in customer service: Annual benchmark study
9th Annual Bank Benchmarking Index by Ethos Consultancy shows improvement in service standards
10/03/2013
Barclays UAE freezes retail bank accounts
The bank said that account closures is an ongoing process to comply with the regulatory requirements.
09/28/2013
Ahli Bank awarded "Retail Bank of the Year"
The prestigious Arabian Business Qatar Awards recognises and celebrates outstanding organizations who have delivered excellence throughout the year.
09/28/2013
NBAD Strongest Balance Sheet in UAE
The Asian Banker magazine named the National Bank of Abu Dhabi the winner of "The Strongest Bank Balance Sheet in the UAE for 2013."
09/26/2013
CICI Bank's QFC branch gets 'Category 1 licence'
India's largest private bank ICICI was awarded the "Category 1 licence" for its QFC Branch in Doha by the Qatar Financial Centre Regulatory Authority
09/25/2013
Turkey’s Aksoy Holding plans to sell a majority stake of TAIB Bank
Turkey’s Aksoy Holding plans to sell a majority stake of TAIB Bank, which it acquired from the Dubai Sheikh last year, to an Azeri group, the chairman of Aksoy Holding has said.
09/25/2013
NBO Wins Global Award
National Bank of Oman’s Human Resources Group has been recognised at the prestigious Asian HR Leadership Awards 2013.
09/24/2013
NBAD wins Sheikh Khalifa Excellence Award
The National Bank of Abu Dhabi has won the highly prestigious Sheikh Khalifa Excellence Award- Diamond Category confirming the Bank’s position as a leader in the financial industry.
09/23/2013
Gulf Bank wins 'Bank of the Year' award
The Bank recognized by one of the region's most respected banking industry business magazines
09/22/2013
NBAD Named Best Cash Management Services in Middle East
The National Bank of Abu Dhabi , the Number One Bank in the UAE, has been named Best Cash Management Services in the Middle East at the EMEA Finance Treasury Services Awards ceremony.
09/22/2013
Gulf Bank Chairman Alghanim Named ‘Businessman Of Year’
CEO Of Alghanim Industries Honored By Arabian Business Magazine
09/21/2013
Bank Muscat moves higher in rankings
The Banker - Top 1000 World Bank Rankings,' reckoned a primary source of bank data by the world's financial community