Oman's Bank Nizwa obtains investment banking licence
Bank Nizwa, Oman's first full-fledged Islamic bank, has received an investment banking licence that will allow it to manage…
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BCG report: Asset management recovery begins on bumpy road for traditional players
After four years of stalled growth, the $62 trillion global asset-management industry has finally entered a recovery stage, but…
Nedbank Private Wealth appoints new Head for Middle East and Asia
Nedbank Private Wealth have announced the appointment of Andrew Bates to Head of its Middle East and Asia operation. Based…
Credit Suisse's private banking and wealth management division profit rises 4 pc
Credit Suisse's net profit rose by a third in the second quarter from a year ago, broadly meeting forecasts, as…
Commercial Bank of Qatar net profit dips 5.6%
Commercial Bank of Qatar delivered first half net profit of QAR 1.024 billion, up one per cent against the same…
First Gulf Bank Plans Asia Expansion as Profit Beats Estimates
First Gulf Bank PJSC (FGB) said it will remain focused on expansion in Asia as the lender controlled by Abu…
Al Omaniya declares net profit of OMR2.733m
Al Omaniya Financial Services SAOG, Oman's largest non banking financial institution, has recorded a pre-tax pre-provision profit of RO 4.504…
Commercial Bank of Dubai profit up 2.3% for the first half of 2013
The Commercial Bank of Dubai announced a 2.3 per cent rise in the first six-month net profit due to growth…
Abu Dhabi banks FGB, ADIB Q2 profits beat estimates
Abu Dhabi lenders First Gulf Bank and Abu Dhabi Islamic Bank posted rises in second-quarter net profits beating analysts' forecasts.…
Al Hilal Islamic Banking services join hands with Bank Nizwa
Oman’s first Islamic bank, Bank Nizwa and Al Hilal Islamic Banking Services from Ahli Bank, have entered into a Wakala…
Ahlibank posts 6% profit growth
Ahlibank, one of the leading banks in the Sultanate, said its net profit for the first half of 2013 grew…
Hamdan launches Dubai Islamic Banking and Finance Centre
Initiative part of efforts to make Dubai the world's capital of Islamic economy Shaikh Hamdan Bin Mohammad Bin Rashid…