KFH-Turkey wins ‘Best R&D Center Prize’
Kuwait Finance House Turkey has been awarded the “Best R&D Center” in Banking and Finance category at the summit held…
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GCC liquidity crunch to perpetuate subdued growth – CFA member societies survey lists challenges to GCC economies
Tightening liquidity will continue to pose imminent challenges to GCC economies according to the latest CFA member societies survey, which…
ADCB reports Dh999m in Q3 profits
Abu Dhabi Commercial Bank continued to register growth in net loans and customer deposits in the first nine months of…
Egypt’s EFG-Hermes Opening New York Office as Auerbach Link Ends
EFG-Hermes Holding SAE, the largest independent Arab investment bank, plans to open a New York office to serve institutional clients…
DIB profit, customer deposits rise in Jan-Sept 2016 on growth strategy
Dubai Islamic Bank declared a seven per cent year-on-year growth in its nine months profit and the bank also reported…
Fitch: Strongest Saudi Banks Defy Tough Operating Environment
Five Saudi Arabian banks stand out, demonstrating particular strengths in the face of the country's increasingly tough operating environment, Fitch…
Saudi housing, SME lending to drive Al Rajhi Bank's growth to 2020
Saudi Arabia’s efforts to stimulate the private sector and develop the housing market will be the main drivers of growth…
UAB’s third quarter net profit up 22 per cent to Dh88 million
United Arab Bank has reported Dh88 million net profit for the third quarter ended September 30, 2016. The performance…
UAE's RAKBANK and Network International Sign MOU to support merchants
RAKBANK announced the signing of a Memorandum of Understanding with Network International, the leading payment solutions provider in the Middle…
NBK wins ‘Best Bank in the Middle East Award’ Global Finance laurel for financial risk management in 2016
Global Finance magazine, the international leading publication specialized in financial and banking affairs, has granted the National Bank of Kuwait…
Mergers, acquisitions in Middle East reach $37.4bn over 9 months
The value of mergers and acquisitions transactions in the Middle East reached $37.4bn during the first nine months of 2016,…
Middle Eastern M&A reached $37.4 billion during 9M 2016
According to estimates from Thomson Reuters / Freeman Consulting, Middle Eastern investment banking fees reached $580.7 million during the first…