02/15/2023
Local banks increase activity in concluding joint loan deals
The contribution came in various shares, including government projects directly, and projects of companies from the private sector.
Retail Banking
02/14/2023
RAKBANK records net profit rise of 53.4% to Dhs1.16bn in 2022
The bank’s total income for 2022 was Dhs3.451bn, reflecting a 6.9 per cent YoY increase
02/13/2023
Bank ABC 2022 attributable net profit soars 55pc to $154m
These strong revenues contributed to the group delivering a robust overall performance during 2022, with a headline net profit attributable to the shareholders of the parent of $154 million, up 54% on 2021.
02/10/2023
First Abu Dhabi Bank says not currently evaluating offer for StanChart
News of the potential offer first came on Jan. 5, when FAB said it had considered a bid for London-listed Standard Chartered but was no longer doing so
02/10/2023
Burgan Bank Kuwait posts net income for FY 2022
Reporting Revenues of KD 232 million and Operating Profit of KD 125 million
02/09/2023
SABB increases net profit by 52% to SAR 4,872mln during 2022
Total operating income increases 26% to SAR 9,697 million for the year
02/08/2023
Dubai Investments' 2022 profit soars to Dh1.6b helped by stake sale in Emirates District Cooling
Dubai industrial park operator sold controlling stake in district cooling firm
02/08/2023
QCB grants B2M Trading Company license for digital payment services
QCB said that the license comes in continuation of its efforts to develop and reinforce the financial technology sector.
02/07/2023
SICO’s H1 preferred picks are Dubai's Emirates NBD, Dubai Islamic Bank
The Bahrain-based brokerage said it would remain skeptical on Saudi banks
02/06/2023
Qatar banking sector assets up 3.3%
The domestic private sector loans increased by 2.1 percent MoM (+7.4 percent in 2022) in December 2022.
02/06/2023
Dukhan Bank to list shares through direct listing
The Bank was incorporated in 2008 under the name of Barwa Bank Q.P.S.C, and commenced operations in 2009 as a full-service Sharia Compliant bank.
02/06/2023
Al Salam Bank Wins ‘Best Retail Bank In Bahrain’
"We have definitely built strong momentum over the years and this award is proof of our collective commitment to service excellence."
02/06/2023
ABK announces net profit growth of 19% in 2022
ABK reported a net profit of KD 32.3 million in the financial year 2022
02/03/2023
Gulf Bank's net profits jumped 46.8% to $202.56mln
Gulf Bank recommends the distribution of 10% cash dividends and 5% bonus shares for 2022
02/01/2023
Saudi National Bank FY 2022 net profit soars 47%
Impairment charges more than halved and operating income rose
01/31/2023
QNB receives prestigious awards from Visa
The program is very well received by customers due to its wide range of options for instant points redemption at over 1,200 QNB exclusive partners’ shops, internet or mobile banking, or QNB ATM.
01/31/2023
Al Salam Bank Launches 2023 “Danat Savings” Scheme
This year’s edition of Danat will enrich the lives of more than 120 winners every month.
01/30/2023
Arab Bank Group Report Net Profits of $544.3 Million For 2022, 25% Cash Dividends
Ms. Randa Sadik, Chief Executive Officer, stated that Arab Bank continued to deliver sustainable growth rates during 2022
01/30/2023
Masraf Al Rayan reports a net profit of QAR 1.34bln for year ending December 31, 2022
Net Operating income reached QAR 4.36 billion
01/30/2023
National Bank of Kuwait's fourth-quarter net profit rises more than 25% on revenue boost
Gulf country's biggest bank posts its highest annual profits on record