Al Hilal Bank eyes 42% jump in net income this year
Abu Dhabi-based Islamic lender Al Hilal Bank is eyeing a nearly 42 per cent increase in its net profit in…
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Al Hilal Bank becomes the only Islamic bank in the UAE to be rated A1 by Moody’s & A+ by Fitch
Al Hilal Bank has announced that it has been awarded an A1 rating by Moody’s and an A+ by Fitch,…
Duet Fund fails to complete Habas deal
CEO Hertzel Habas notified the TASE this morning that that the closing date of September 6 for completing the Duet…
Leading wealth management firm Expands in Middle East
Northern Trust is expanding its global footprint with the opening of an office in Riyadh, capital city of the Kingdom…
ABC backs IMF reception
The Arab Banking Corporation has confirmed its sponsorship of the Banks in Bahrain reception that will be organised by the…
Dubai bank offers free holidays to entice more borrowers
A Dubai bank is offering free holidays and a delayed repayment plan in a bid to entice customers to borrow…
Al Salam, BMI in key merger agreement
Bahraini retail lender BMI said its board members have reached an agreement with Al Salam Bank-Bahrain, a dynamic, diversified and…
Are asset bubbles on the horizon for the UAE?
If any proof were needed of the importance of the UAE to Standard Chartered, then you need look no further…
Morocco's Attijariwafa Bank Profit Hit By Rise in Bad Debts
The bank is exposed to weak economies in sub-Saharan Africa where it is developing aggressively. And a slow-down in the…
Saudi court orders arrest of bank employee
A Saudi court has ordered the arrest of a bank employee amid allegations he conned several locals out of $8m…
HSBC launches Range of RMB Products For Customers in the Region
HSBC Bank Middle East Limited is giving its customers the opportunity to connect to China with the launch of a…
Qatar Banking Sector Set To Meet USD100bn Country Need
Qatar's banking Sector is set to Meet The Country's Infrastructure Finance Demand in excess of $100bn until 2022, says a…