National Bank of Kuwait First-Quarter Profit Beats Estimates
National Bank of Kuwait SAK, the country’s largest lender, posted a 0.4 percent rise in first- quarter profit, beating estimates,…
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Cairo Amman Bank goes live with Temenos T24 in Jordan’s largest ever core banking roll-out
Temenos has announces that Cairo Amman Bank, a full service bank with 106 branches in Jordan and Palestine, has gone…
Oman’s Bank Muscat misses profit forecast on fraud provision
Bank Muscat, Oman's largest lender, posted a 25.1 percent drop in first-quarter net profit, missing analysts' forecasts, as it booked…
Abu Dhabi Islamic Bank taps SunGard for customer management
SunGard has announced that it will provide Abu Dhabi Islamic Bank, a top tier Islamic financial institution, with retail banking…
AXA expands presence in Saudi Arabia
As part of its expansion strategy aimed at increasing the company's geographical footprint across Saudi Arabia, AXA Cooperative one of…
UBS Seen Winning as Wealth Management Emulates Pimco
When UBS wealth manager Abdallah Najia came to Switzerland from Dubai in March for a week of training, he…
KPMG Qatar managing partner appointed to parent board
KPMG Qatar’s managing partner Jamal Fakhro has been appointed to the board of KPMG International. Fakhro, who is also chairman…
Arab Banking Corporation names new President and Chief Executive
Arab Banking Corporation has announced that its Board of Directors resolved to appoint Dr. Khaled Kawan, ABC's Deputy Chief…
Oman's Alizz Islamic Bank eyes Q3 launch
Omani lender Alizz Islamic Bank, the second full-fledged Islamic bank in the sultanate, plans to begin operations in the third…
QIB follows Goldman model to boost investment banking
Qatar Islamic Bank is seeking to increase its investment-banking presence in the Middle East and Asia amid the worst start…
Senior Goldman Investment Banker in Middle East Quits Firm
Khaled Eldabag, a senior investment banker at Goldman Sachs Group Inc who handled some of the Wall Street firm’s biggest…
KUNA Boubyan Bank earns KD 3 million in first quarter of 2013
Boubyan Bank announced that it has attained KD 3 million in net profits in the first quarter of current year,…