Al Baraka Banking Group Q3 net profit rises 12pc
Al Baraka Banking Group has announced that it has achieved a net income of US$ 183 million in the first…
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CBK posts operating profit
Commercial Bank of Kuwait announced an operating profit before provisions for the period of KD 69.42 million (3Q2011: KD 78.866…
JIB best Islamic retail bank in the world
Jordan Islamic Bank received the award of best islamic financial institution in Jordan for the year 2012, for the 4th…
UAE banks among 50 safest emerging market lenders
Five UAE bank are ranked among the “50 safest banks” in emerging markets. Leading US-based finance magazine Global Finance has…
ABC Q3 profit up 29pc
Arab Banking Corporation has announced that its consolidated Group net profit for the first nine months of 2012 was US$158…
Amendment to Business Profile of JPMorgan (Saudi Arabia)
JPMorgan (Saudi Arabia) Limited Company had requested the approval of Capital Market Authority to amend its business profile by Adding…
Saudi Arabia allows rights trade on stock market
As part of the Capital Market Authority’s continuous efforts to enhance investor protection, whilst regulating and developing the Saudi capital…
Dubai's Shuaa Capital Q3 loss narrows
SHUAA today reported 3Q revenues of AED 34.9 million (3Q 2011: AED 16.3 million), underpinned by returns from SHUAA’s lending…
ARI wins ‘Shariah Fund Manager of the Year’ award
Al Rayan Investment won the prestigious ‘Shariah Fund Manager of the Year’ award at the 2012 Middle East Summit and…
Bank Muscat celebrates record growth in asset management
Bank Muscat Asset Management Division marked a milestone achievement on crossing $1billion assets under management. The division celebrated the achievement…
Barclays given license according to rules: Saudi Capital Market Authority
Saudi Arabia's Capital Market Authority on Sunday it granted Barclays the license to operate in the kingdom according to official…
IBQ unveils new brand identity for award-winning Private banking
The International Bank of Qatar has announced the re-launch of its private banking brand identity, unveiling its new private banking…