Burgan Bank selects ICS BANKS to replace its existing banking system
Burgan Bank has selected ICS BANKS Burgan Bank has been using its existing banking system SYMBOLS from System…
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Credit Agricole private banking eyes bigger Gulf portfolio
Credit Agricole Suisse, a private bank belonging to the Credit Agricole Group is targeting a significant share of the private…
Warba Bank's $33 million UK property deal
Warba Bank announced today the acquisition of the new headquarters of British Telecom (BT) located in the town of…
New appointment at Masraf Al Rayan
Masraf Al Rayan has appointed Ahmed Swaleh Abdi Sheikh as its chief operating officer subject to Qatar Central Bank’s approval.…
Emirates Banks Association set up advisory council
Emirates Banks Association (EBA) announced the formation of an advisory council comprising Chief Executives Officers of National Banks and…
Kuwait finance firm sees Q1 profit up 38pc
Commercial Bank of Kuwait has announced an operating profit before provisions for the period of KD22.403m (2011: KD24.689m). …
Standard Chartered Forum 2012 to be held in Dubai
Standard Chartered has announced that its annual "Standard Chartered Forum" will be held in Dubai on the 15th of May.…
INVESTBANK achieved an increase in its profit during the first quarter of 2012
Chairman of INVESTBANK Mr. Bisher Jardaneh has announced that the first quarter of 2012 financial results showed an increase in…
Tadhamon Capital announces $2.3 million profit in its third year
Tadhamon Capital , a category 1 Islamic Investment Company, regulated by the Central Bank of Bahrain, has announced a net…
Rothschild in major Middle East scale back
NM Rothschild & Sons is cutting its Middle Eastern staff by more than half in a significant change of strategy…
Scandal Be Damned: Murdoch Banks $310 Million Thursday After News Corp. Profits Jump
The phone hacking scandal at Rupert Murdoch‘s News Corp. continues to chip away at the company’s bottom line — it…
Qatar picks five banks for sovereign sukuk – sources
Qatar has mandated five banks to help arrange a new sovereign sukuk, four sources familiar with discussions said on Thursday,…