03/17/2013
Kuwait to bail out banks
Kuwait’s Finance Minister Mustafa al-Shamali recently told reporters that an agreement had been reached and the deal would be finalised next week.
Retail Banking
03/17/2013
NBAD retains 'MidEast's safest bank' title
Global Finance said bank stability was an "ever-more pressing concern" for the world’s companies and investors.
03/12/2013
Burgan Bank Group wins "Best Banking Group in MENA" award
The award comes in recognition of Burgan Bank Group's performance in 2012 and the consistent delivery of sound results across its operations in Kuwait, Jordan, Algeria, Iraq, Turkey, Tunis, Cyprus and Lebanon.
03/10/2013
United Arab Bank names senior VP
Before he joined UAB, he was managing Mashreq Gold and SME for Dubai Region.
03/08/2013
Bank muscat, 11 GCC banks' debt on review for possible downgrade
Moody's added that all other ratings and outlooks for these 12 banks remain unaffected.
02/20/2013
Saudi bank assets at SR180bn
Surge was mostly in credit to private sector and government.
02/19/2013
Burgan Bank Group net profit for 2012 sees 10 pct growth
We are continuously increasing our market share with profitability
02/12/2013
Four banks shortlisted for sale of Citi's Turkish retail uni
Four local banks have been shortlisted in the sale of Citigroup's retail banking business in Turkey and the deal is expected to close in late March
02/07/2013
HSBC enhances its mobile banking offering
The facility adds to the extended suite of mobile solutions the Bank already offers its customers.
02/03/2013
Abu Dhabi Commercial Bank PJSC reports full year 2012 net profit of Dhs2,810m
"We remain confident and continue to focus on our strategic objectives and take advantage of future improvements to capitalise on value-adding opportunities for our shareholders and to contribute to the UAE economy as a whole.2
01/30/2013
Abu Dhabi Commercial Bank Q4 profit jumps 32 pct, beats estimates
Q4 net profit 680 mln dhs vs 514 mln dhs yr-ago
01/29/2013
National Bank of Abu Dhabi reports net profits
The growth for both fourth quarter and full year 2012 was due primarily to higher investment and interest income The growth for both fourth quarter and full year 2012 was due primarily to higher investment and interest income
01/28/2013
Ahli United Bank posts net profit
The Chairman & Managing Director of Ahli United Bank, Hamad Abdulmohsen Al-Marzouq announced the financial results for Ahli United Bank Kuwait for the year 2012
01/27/2013
Bahrain's GFH eyes banking unit merger
GFH, which has undergone a number of debt restructurings since 2009
01/24/2013
GFH mulls KHCB merger with kingdom's banks
Gulf bank mergers are uncommon because main shareholders, often local families, are reluctant to cede control.
01/21/2013
Kuwait's NBK reports full-year profit up 1%
The operating environment in the country should improve as the government spends more on infrastructure projects.
01/21/2013
National Bank of Oman Q4 profit jumps 48pc
The lender made a net profit of OR10.2m ($26.5m) in the final three months of 2012
01/16/2013
Bank Audi’s subsidiary opens in Turkey
Its ultimate goal is to play in the giants’ league in 2017, it said in a statement.
01/14/2013
Jordan Kuwait Bank recognized as Best Bank in Jordan for 2012
The awards were created to recognize companies that stand out in certain areas of expertise in the financial and banking sectors.
01/10/2013
NBAD moves up ranking in Hawkamah Index
The National Bank of Abu Dhabi (NBAD), has improved its ranking moving up three places to third position in the S&P Hawkamah ESG Pan Arab Index, reflecting NBAD's strong environmental, social and corporate governance practices and its continued r