18 banks, financial companies record profits of AED46.47 billion in 2019
A total of 18 out of 19 national banks and financial companies registered in Emirati financial markets declared their financial…
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Boubyan Bank's Sukuk oversubscribed by more than 6 fold, amounting to USD 4.6 Billion approximately
Boubyan Bank has announced its regional and international success in covering the subscription in its first initial unsecured sukuk under…
UAE banks post record $12.6bn net profit in 2019
A total of 18 out of 19 national banks and financial companies in the UAE have announced an increase in…
UAE- Aldar 2019 net profit surges 7pc to Dh1.98b
Aldar Properties, Abu Dhabi's biggest listed developer, posted on Wednesday a seven per cent year-on-year jump in 2019 net profit…
Irregularities found Habib Bank's UAE operations
A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some…
Burgan Bank: Highlighting the Board of Directors commitment to maintain governance best practices
Burgan Bank announced during the 35th Extraordinary General Meeting the approval of the recommendation of the Board of Directors to…
BisB appoints three new board members
Bahrain Islamic Bank (BisB) recently announced the appointment of three new board members, Mr. Jean-Christophe Durand, Mr. Yaser AlSharifi, and…
UAE's commitment to women's empowerment has had an impact beyond the country's borders
UAE’s commitment to empowerment of women and girls is having an impact beyond the borders of the country, Her Excellency…
StanChart says rising project finance and digital tech investments will drive regional growth
Saudi Arabia’s economic diversification push, the financing of new infrastructure projects and the requirement for investment into digital technologies will…
BisB inks partnership deal with Bahrain Polytechnic
Bahrain Islamic Bank said it has signed a MoU with Bahrain Polytechnic in line with its efforts to promote education…
85% of Middle East Professionals Optimistic about 2020
A poll by Bayt.com spotlights the career goals MENA professionals are focused on this year. The poll entitled ‘New…
Trade Bank of Iraq posts net profit of $556 million for 2019
Trade Bank of Iraq (TBI), established in 2003, achieved a robust growth in revenues and in key financial areas during…