10/22/2013
RakBank records AED 1.14 billion in profit for the first nine months of 2013
RakBank reported a net profit of AED 1.14 billion for the nine months ended 30 September 2013, reflecting a 9.6 per cent increase over the same period last year.
Retail Banking
10/22/2013
National Bank of Oman reports nine months net profit up two per cent
National Bank of Oman nine months net profit reached OMR 31.2 million.
10/22/2013
Qatar National Bank to sell dual-tranche bond
Qatar National Bank the largest listed lender in the Gulf Arab region, plans to issue a benchmark-sized, dual-tranche bond denominated in U.S. dollars and has mandated five banks to arrange the sale
10/22/2013
NBK reports a net profit of USD 702 million in the nine months of 2013
Dabdoub: NBK 's solid results are mostly driven by the strong performance of core banking operations
10/21/2013
NBQ reports 9-month net profits
The bank’s customer deposits amounted to Dh7.21 billion at the end of the third quarter.
10/20/2013
Arab banking expansion plan in focus
The event will highlight the success of Arab banks and on this occasion will honour Blom Bank, a particularly successful Arab ban
10/20/2013
NBAD Named Best in Branch & Customer Service
The National Bank of Abu Dhabi , the Number One Bank in the UAE, has won two awards: the UAE Best Branch Performance and Best Customer Service Initiative.
10/19/2013
Bank Muscat Oryx Fund posts strong performance
The achievement is an endorsement from customers for Bank Muscat Asset Management as a safe and reliable partner for financial investment advice.
10/19/2013
Boubyan Bank profits increase by 22%
The Vice-Chairman and CEO of Boubyan Bank "Once again, we stress that the Bank goes on the right track towards achieving the pre-set strategic objectives represented in gaining customer satisfaction through diversification of products and services an
10/19/2013
Lebanon's Bank Audi says first 9 months' profit for 2013 down 5.5 pct
In the Middle East and North Africa region, modest economic growth is reported across countries.
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.
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.