04/19/2023
National Bank of Kuwait Q1 2023 net profit up 15%
Higher interest income was offset by higher provisions
Retail Banking
04/19/2023
United Arab Bank reports financial results for the quarter ending 31st March 2023
Net Interest income increased by 38% compared to prior year
04/18/2023
Qatar's QIIB first quarter net profit jumps 7.1% to $95mln
Capital adequacy (Basel III) reached 18.4%, which is much higher than the required regulatory limit of QCB
04/18/2023
Gulf Bank raises awareness on the importance of avoiding anonymous messages and contacts from unknown origins
In support of the Diraya “Let’s Be Aware” campaign
04/18/2023
Capital Bank of Jordan : Group Amongst Middle East's 50 Largest Banks in 2023 in Terms of Market Value
Capital Bank Group's Chairman Bassem Khalil Al-Salem expressed his pride in Forbes magazine's recent ranking of the group among the 50 largest banks in the Middle East.
04/17/2023
Standard Chartered: Qatar economic growth forecasted to be highest in Gulf
Growth forecasted to be at 4.0% in 2023, down from 4.75% in 2022
04/14/2023
Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022
The bank recorded a net profit of $343mln
04/13/2023
Oman's Al Ahli Bank rejects merger proposal from Bank Dhofar
The lender had received a non-binding offer from Oman's second largest bank
04/12/2023
Commercial International Bank Egypt opens first branch in Kenya
The bank’s expansion into the Kenyan market aims to bolster bilateral relations between the two countries
04/12/2023
Oman’s second-largest bank pursues merger with smaller rival
Stock in Bank Dhofar rose over 3 percent in trading Tuesday on the Muscat Securities Market, to more than 40 cents a share.
04/11/2023
UAB successfully completes issuance of additional Tier 1 capital instruments
UAB has announced the successful issuance of its USD 150 million AT1
04/06/2023
Role of banking sector highlighted in Bahrain
Bahrain Association of Banks (BAB) chairman Adnan Yousif told the association’s general assembly
04/06/2023
FABMISR reports EGP 4.5bln net profit in 2022
Achieving a record performance and solid increase of 129% compared to FY2021
04/05/2023
QNB, CIB issues high-yield saving certificates
Qatar National Bank (QNB) and Commercial International Bank have issued new certificates of deposit (CDs), following the lead of two major banks in Egypt.
04/05/2023
SABB rebrands as Saudi Awwal Bank after merger with Alawwal
The bank will operate as ‘Saudi Awwal Bank’ after obtaining the necessary regulatory and shareholders’ approvals
04/04/2023
Egypt: NBE, Banque Misr issue 3-year certificates of deposit
The fixed CD holds an annual return of 19%
03/28/2023
HSBC partners with AMIDEAST
To prepare the next generation of Kuwaiti business leaders at Kuwait Technical College
03/27/2023
NBO partners with buna to facilitate seamless cross-border payments
This move reflects the Bank's efforts to meet the needs of its customers and make every experience simpler and more seamless.
03/22/2023
Saudi National Bank says profitability unaffected by Credit Suisse investment
SNB’s investment in Swiss lender is less than 0.5% of its total assets and 1.7% of its investments portfolio as of December 2022
03/22/2023
Al Ahli Bank of Kuwait sponsors Amiri Hospital’s second health campaign
Various public health checks and pavilions introducing healthy nutrition, physiotherapy, and awareness lectures