Saudi Fransi Capital CEO Said to Resign
Yasir Al Rumayyan, chief executive officer of Saudi Fransi Capital, left the bank for a role at the court of…
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Kuwait bank manager accused of embezzling $2.76m
The Commercial Bank of Kuwait is investigating claims a branch manager embezzled KD815,000 ($2.76m) from customers’ accounts over two years,…
QIB gears up for expansion, refurbishment of branches
Qatar Islamic Bank intends to open three to five branches this year as part of the bank’s expansion plans, including…
DIFC Drives 'Dubai Forward'
Dubai International Financial Centre (DIFC), the international financial centre for the Middle East, Africa and South Asia region, announced today…
Belgian university to launch diploma courses in Islamic Finance
The School of Management (LSM) of the Catholic University of Louvain in Belgium is to launch the first university diploma…
Neuberger Berman appoints former SEI exec as Head of MENA
Neuberger Berman has announced the appointment of Jahangir Aka as Head of Middle East & North Africa (MENA), based in…
Qatar Islamic Bank approves up to 5 bln riyal Tier-1 sukuk issuance
Qatar Islamic Bank, the Gulf state's largest sharia-compliant bank by assets, said on Monday its shareholders had approved the issuance…
GFH reports net profits of US$17 million for 2014
GFH, the Bahrain based financial group, has announced its financial results for the fiscal year ended December 31, 2014, a…
The top 2015 UAE retail banking trends
In the past two decades, the UAE has earned a reputation for embracing change, and with a genuine drive by…
United Arab Bank CEO sees 'good loan growth'
“We will outperform the sector,” Trowbridge said in an interview Saturday in Dubai where the bank is building a regional…
Al Baraka Banking Group Profits Raise by 7%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net…
Ahli United Bank Q4 net profit jumps 37.6 pct
Ahli United Bank (AUB), Bahrain's largest lender, posted a 37.6 percent increase in its fourth-quarter net attributable profit, the bank…