04/17/2014
HSBC Bank Oman Says Agrees Indian Business Sale To Qatar’s Doha Bank
The affiliate of HSBC Holdings added in the statement that the deal was due to be completed in the second half of 2014, subject to regulatory and shareholder approval
04/17/2014
Bahrain’s Ahli United Bank Considers Sale Or Merger
The deal, estimated to be worth $5 billion, would be the largest banking transaction in the region for the past 20 years
04/14/2014
Lenders hurting themselves by cold-calling customers, says head of Retail Banking at Emirates NBD.
04/14/2014
Net profit was KD83.9 million in the three months to the end of March.
04/14/2014
Both devices should also be waved simultaneously within a range of 3 meters
04/13/2014
The bank made SAR1.71 billion ($456 million) in the three months ended March 31.
04/08/2014
Mashreq Bank recently held a press conference to announce its partnership with MasterCard in launching the first Tap n Go sticker in UAE, which is set to redefine the world of mobile payments.
04/07/2014
Private lender Federal Bank plans to open an office in Dubai as part of its strategy to expand its global footprint and cater to the Indian diaspora.
04/06/2014
Abu Dhabi Islamic Bank said it would acquire 110,000 customers through the deal.
04/06/2014
The bank made 1.08 billion riyals in the three months ending March 31.
04/06/2014
The bank made a profit of 417 million riyals in the three months to March 31, according to a bourse statement.
04/01/2014
The Doha-based bank is seeking to expand in Egypt
03/28/2014
Mashreq launched a corporate public campaign designed to put the customer at the very heart of everything
03/24/2014
The non-agreement on the structure and the valuation of the deal were the primary reasons to call off the merger, a statement said
03/24/2014
National Bank of Kuwait opened its new Head Office in the United Arab Emirates in Dubai under the patronage of the Central Bank of the United Arab Emirates.
03/20/2014
Around half-a-dozen local and international banks, including Citigroup, Standard Chartered and Commercial Bank of Dubai, had expressed interest in buying the operations
03/19/2014
The U.S. investment bank had been appointed to help with developing a strategy for the share listing.
03/19/2014
Barclays plans to retain its two branches in the UAE, while its wealth management business would not be part of the sale.
03/13/2014
Qatar's Barwa Real Estate posts 27.3 pct 2013 profit rise
Qatar's Barwa Real Estate said on Thursday that its 2013 net profit rose 27.3 percent, indicating that the Gulf Arab state's largest listed developer made a significant fourth-quarter net profit.
03/12/2014
National Bank of Bahrain held its Annual General Meeting yesterday which highlighted the 8 per cent increase on their net profit and 35pc cash dividend distribution.