Kuwait Finance House Q4 net profit rises 5 pct
Kuwait Finance House, the country's biggest Islamic lender, reported a 5 percent rise in fourth-quarter net profit on Tuesday, according…
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Raed AlHaqhaq confirmed as deputy CEO for Burgan Bank
Burgan Bank announced yesterday the approval of the nomination of Raed Al-Haqhaq to the position of Deputy CEO – Burgan…
Al Khaliji offers entrepreneurs the opportunity to finance and grow their SMEs
Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, is offering aspiring entrepreneurs the opportunity to finance and…
FGB – NBAD merger update
Led by the Integration Steering Committee and Integration Management Office, integration planning remains on schedule and the organisational structure is…
Citi Private Bank eyes 15% growth in UAE revenue this year
With $374 billion (Dh1.37 trillion) of assets under management, Citi Private Bank (CBP) expects a 15 per cent growth in…
Abu Dhabi Commercial Bank Q4 profit drops 16% on impairments
Abu Dhabi Commercial Bank on Tuesday posted a 16 per cent drop in fourth-quarter profit, in line with analysts’ forecasts,…
NBAD posts higher profit on low expenses and impairments
National Bank of Abu Dhabi (NBAD), which is merging with Abu Dhabi lender FGB, reported a 28 per cent rise…
ADCB’s fourth-quarter net profit falls 16%
Abu Dhabi Commercial Bank reported a 16 per cent fall in fourth-quarter net profit on Tuesday as impairments rose. …
QIIB to accelerate growth with Misys
Misys today announced that QIIB has chosen Misys FusionBanking Essence Islamic. The bank is implementing the new solution in…
Sales of superyachts to see growth in Mena
The propensity of ultra-high net worth individuals (UHNWIs) in the Mena region to buy superyachts built within the last 15…
Gulf Bank reports KD 43m net profit for 2016
Gulf Bank K.S.C.P. announced yesterday its financial results for the year ending 31 December 2016. The Bank recorded a…
Al Rajhi Bank deploys Gemalto’s instant EMV card issuance solution in new self-service kiosks
Gemalto the world leader in digital security, is supplying Al Rajhi Bank, Saudi Arabia’s leading financial institution, with its instant…