BCG release Banking Performance Index 2014
Increases in operating costs exceeded revenue growth by 10.7 percent. At an aggregate level, provisions for bad loans decreased by…
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Trowers loses management duo in Dubai
Baker Botts has bolstered its corporate and disputes practice in Dubai with the double-hire of Trowers & Hamlins' head of…
Regional CEO of MetLife joins MICC
As part of its expansion drive for 2015, MENA Insurance CEO Club (MICC) welcomes Mr Julio Garcia-Villalon, Regional Head, Middle…
DIFC highlights Dubai's status as global investment hub at Middle East Investment Summit 2015
The Dubai model has been to create a business friendly economy, supported by robust, world-class regulatory and legal frameworks. …
Bank Nizwa poised for growth; loss decreases by 37%
Bank Nizwa held its Annual General Meeting (AGM) here where Sayyid Amjad bin Mohammed al Busaidi, chairman of the bank,…
BankDhofar launches mobile banking app for Windows devices
Marwan Mohammed Al Zadjali, Head of eBanking, noted that BankDhofar is working to diversify its electronic channels option in order…
Islamic banking assets gaining bigger share of global banking
By 2019, participation banking assets with commercial banks in Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey are expected to…
Stanchart says committed to Islamic banking after head of unit exits
Standard Chartered remains committed to Islamic banking and expects growth in its core markets, a spokesman for the lender said…
Barwa set to launch major expansion projects this year
Barwa Real Estate Company expects to start construction work on its Barwa Village expansion and the Alaateda, Madinat Al Mowatir,…
RBS confirms Coutts International sale to UBP
Union Bancaire Privée has announced that it has reached an agreement to acquire The Royal Bank of Scotland 's International…
Swiss banking model is ‘dead’, says Abu Dhabi finance centre chief
Abu Dhabi intends to set itself up as a new hub for wealth management, with the head of its nascent…
Kuwait & China Ink Deal For Banking Control Cooperation
Governor of the Central Bank of Kuwait Dr Mohammad Y. Al-Hashel said here on Saturday that there had been an…