NBK reports 2019 net profit of KD 401.3
NBK reports 2019 net profit of KD 401.3 million, increasing 8.2% Y-o-Y - Total assets at KD 29.3 billion…
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Saudi investors in talks to buy London’s Ritz hotel, says report
A private investment group representing wealthy Saudi Arabian families is reportedly in talks to buy London’s famous Ritz hotel. …
Tarek El Nahas to join Mashreq as Head of International Banking
Mashreq has appointed Tarek El Nahas as its new Head of International Banking Group. Tarek spent 25 years at…
Family Office structures in the Middle East on the rise driven by global outlook
Wealthy Middle Eastern families are adopting an increasingly global mindset, and this is having a profound impact on their wealth…
deVere Acuma appoints John McKellar as new General Manager for UAE
deVere Group has announced the appointment of John McKellar as General Manager of its deVere Acuma brand in the UAE.…
Shalini Warrier Appointed as Executive Director of Federal Bank
Shalini Warrier has been appointed as Executive Director of Federal Bank. The Bank received approval of Reserve Bank of…
Egypt- SAIB launches new brand identity
Societe Arabe Internationale de Banque launched its new brand, enhancing the bank's identity and mental image among customers, and supporting…
Oman Arab Bank's gets nod from Alizz board to proceed with merger
The board of Al Izz Islamic Bank, a Muscat listed Sharia-compliant lender, approved a share swap ratio for its merger…
Israeli crime boss arrested on suspicion of laundering half a billion shekels
The head of a crime organization in the south of the country and 35 of his associates have been arrested…
QIB recognised as ‘Best Islamic Bank in Qatar’
Qatar Islamic Bank has been recognised as the “Best Islamic Bank in Qatar” by the Islamic Finance News readers, the…
ENBD signs agreement with DLD to offer trust account services
Emirates NBD had signed an agreement with Dubai Land Department’s Real Estate Regulatory Agency, to become an escrow agent to…
Customer deposits to total liabilities ratio of 8 listed Qatari banks grows in nine months of 2019: PwC
The customer deposits to total liabilities ratio of the eight listed commercial banks in Qatar grew over the nine months…