04/30/2021
Mashreq posts $11.71mln net profit in Q1
The bank's first-quarter operating income surged by 19.7% over the previous quarter
Retail Banking
04/29/2021
Extreme prudence required as headwinds remain: Dubai Islamic Bank CEO
Lender's net profit reached $232mln in first quarter of 2021
04/29/2021
Ebdaa Bank: Almoayyed's a prominent Arab model for successful businesswomen
This was declared in the bank's statement on the occasion of selecting H.E. Mona Almoayyed, CEO of Y.K. Almoayyed & Sons by Gulf Business magazine, as one of the most powerful Arab personalities for the year 2021
04/29/2021
Omani banks face rising bad loans amid slow economic recovery
Corporate loan deferrals are significant and, unless extended, will pose sizeable risks to asset quality when they expire in September
04/29/2021
Saudi National Bank posts 20 percent rise in quarterly profit
The Saudi bank said total operating income increased by 8.8 percent mainly due to higher net special commission income, investment related income and higher fees from banking services.
04/29/2021
SABB highlights role in acquiring ‘green’ loan for TRSDC
As the Kingdom’s most international bank, we have a unique opportunity to bring new banking capabilities such as green loans to Saudi Arabia.
04/28/2021
History of banking in the UAE
How the industry came into existence and has been constantly evolving in the UAE
04/28/2021
Dubai's Gulf Navigation refinances its biggest loan, eyes Dh4m in savings
Vessel operator has already paid off its loans to ADCB and expects a profit for 2021
04/28/2021
NBB introduces 'Tamweel Al Watani' scheme to small and medium enterprises
The new financing plan further empowers SMEs, aiding them in their sustainability goals, while simultaneously improving cash flow positions across the Kingdom
04/28/2021
National Bank of Fujairah PJSC reports Q1 2021 results
NBF bounced back to profitability with a first quarter net profit of AED 42.0 million and operating profit growth of 32.5% quarter-on-quarter
04/28/2021
Commercial Bank of Dubai reports net profit of AED 325m and operating profit of AED 535m
Commercial Bank of Dubai has delivered a net profit of AED 325 million for the first quarter of 2021, up 3.1% against the first quarter of 2020
04/27/2021
Mizrahi-Tehafot Bank goes live with Finastra
With a modern and agile solution in place, the bank will be able to better serve its customers, and in turn to grow its business, whilst being prepared for changing regulations such as ISO 20022.
04/27/2021
QDB opens up Russian market for Qatari enterprises
With this in view, QDB, through its various departments and initiatives, continues to work closely with international partners and stakeholders to tackle those challenges.
04/27/2021
Emirates NBD Capital records strongest ever quarter in debt capital market
Emirates NBD Capital led 24 transactions in Q1 2021 raising over $18bn
04/26/2021
QNB Group receives 'Green Market Pioneer in Qatar' award
“This achievement is also a testament that we are on the right path to support the transition to a low carbon and environmentally sustainable economy, and provide our international investors further opportunity for sustainable investment.”
04/26/2021
ADCB PJSC reports first quarter 2021 net profit of AED 1.121 billion
UP 436% YoY and 11% QoQ
04/23/2021
QNB launches mega usage campaign with Mastercard
In the first wave running from April 20 until May 19, 30 customers will win an iPhone 12 Pro.
04/23/2021
NBB Group celebrates Earth Day with launch of 'Think Future' sustainability campaign
This initiative is yet another step forward toward becoming a more responsible banking group and reflects NBB Group's long-term commitment towards high performance beyond financial results
04/22/2021
Outlook: Emirates NBD could be a key beneficiary of Dubai's recovery
Q1 net profit was 31% above forecast
04/22/2021
FAB reports a Group Net Profit of AED 2.5 Billion for the first quarter of 2021
Financial results for the first quarter ended 31 March 2021