Europe crisis may hit ADIB earnings
Abu Dhabi Islamic Bank (ADIB) said euro zone uncertainty and new financial regulations in the UAE would weigh on earnings…
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Investcorp planning expansion in region
Investcorp, the Bahrain-based alternative investment specialist, is planning regional expansion after yesterday reporting a third consecutive year of positive income…
Policy of caution : Uncertain time for banking in Egypt
Banks may have to adopt a over the coming months, waiting to see how the dust settles from Egypt’s long-running…
Gulf Bank’s Excellent Retail Financial Services Awarded
Gulf Bank, the second largest bank in Kuwait, has been awarded the 'International Excellence in Retail Financial Services Award' for…
Market stability a must for banking sector resurgence, BMI CEO
The markets have to maintain stability for the banking sector to become even more active, Bank Muscat International (BMI) Chief…
Euro banking giant eyes MidEast opportunities
Santander, one of the world's biggest banking groups, is in talks to bring its financial services to the Middle East.…
Gulf International Bank H1 income tops $58m
Bahrain-based Gulf International Bank has reported consolidated net income after tax of $58 million for the first-half of the year,…
3 Jordanian banks report higher profits
Jordan Kuwaiti Bank announced this week that its net profit stood at JD25.6 million in the first half of this…
Abu Dhabi’s Aabar To Invest In Oman’s Al Izz Islamic Bank
Aabar Investments PJSC, an Abu Dhabi government-controlled company with stakes in UniCredit SpA and Daimler AG, will be the cornerstone…
Bahrain plans $1bn bond issue in Malaysia
Bahrain Mumtalakat Holding Company plans to raise around $1 billion in an Islamic bond issue on the Malaysian stock market…
Dubai Islamic Bank announces first half 2012 net profit
Demonstrating continued strong growth, Dubai Islamic Bank (DIB) announced its financial results for the first half of the year ending…
Bank Nizwa to attract Omani funds held abroad
Oman's Bank Nizwa, the sultanate's first Islamic bank, plans to attract some of the funds held abroad at other Gulf…