07/23/2014

Commercial Bank of Qatar Q2 net profit dips 3 pct

Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, suffered a 3 percent decline in second-quarter net profit, Reuters calculations based on half-year figures from the bank showed on Wednesday.

07/20/2014

Dubai bank ENBD repays final $1.1 bln of 2008 govt support

"Emirates NBD informed the ministry this week that it had repaid 4 billion dirhams to the Finance Ministry which is the final payment of the government subsidies that the bank had received," the ministry's website quoted undersecretary Youn

07/20/2014

Al Khaliji posts QR149.6m Q2 profit

Total assets of the Group reached QR48.4bn in the first half of 2014, up 48 percent from H1, 2013 and up 17 percent from the period ending December 31, 2013.

07/20/2014

Burgan Bank named 'Best Domestic Retail Bank of the Year'

The bank's success was announced recently at the Asian Banking and Finance Awards 2014 in Singapore, where judges from global institutions have identified banking products, activities, technologies, services as well as strategies that continue to enh

07/20/2014

Mashreq wins Superbrands 2014

The annual tribute event by Superbrands was held recently at the Intercontinental Hotel in Dubai Festival City to honour UAE's strongest brands.

07/16/2014

Gulf Bank Posts Net Profit for the First Half

"Our results for the first half of the year reflect Gulf Bank 's ability to grow and improve its revenues in a highly competitive market. The Bank's loans have grown by 16.7%, and our non-performing loans ratio has fallen to 5.1%, continuin