ABG Egypt net profits rises 42pc
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group and its investment arm in Egypt, yesterday…
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Saudi NCB net profit up 11.8 pct as expenses, impairments drop
Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, reported an 11.8 percent rise in fourth-quarter net profit on…
RL360° revamps Lebanon protection product
LifePlan Lebanon is a Lebanese specific version of RL360’s existing LifePlan product and replaces Protected Lifestyle Lebanon, the product currently…
Kuwaiti investors lose millions in Bitcoin – report
Approximately 12,000 investors in Kuwait have lost half the value of their portfolios trading in the volatile cryptocurrency market, according…
Noor Bank weighing sale of Islamic bonds
Dubai’s Noor Bank PJSC is considering the sale of Islamic bonds as the Sharia-compliant lender seeks long-term funding, its chief…
New CEO of Dubai Future Foundation
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued a…
Corporate governance basic issues highlighted
Central Bank of Bahrain Governor Rasheed Al Maraj has highlighted the basic issues of corporate governance related to ethics, trust,…
National Bank of Fujairah posts net profit of Dh471.9 million
The National Bank of Fujairah has reported net profit of Dh471.9 million for the year ended December 31, 2017, compared…
75 UAE bank branches shut in digital drive
The number of bank branches in the UAE decreased during 2017 after the merger of NBAD and FGB as well…
Bank Sohar wins coveted award from ROP
Bank Sohar was awarded first place within the private sector in the third edition of the Road Safety Awards organised…
Cisco appoints General Manager for Oman
Oman’s government departments and businesses are on a drive to evolve the way they serve citizens and customers. The country-specific…
UAE's First Abu Dhabi gets securities licence in Saudi Arabia
First Abu Dhabi Bank, the largest bank in the UAE by assets, has been given the go-ahead by Saudi Arabia’s…