04/30/2017
Emirates NBD sees good days ahead for retail banking
The bank’s retail lending book grew about 2 per cent during the first quarter supported by growth in mortgages.
Retail Banking
04/27/2017
UAE's First Abu Dhabi Bank's brand value at $4bln by end of March 2017
On 24th April, shareholders of NBAD on Monday approved the proposal to rename the bank to First Abu Dhabi Bank.
04/26/2017
Emirates NBD Group becomes Official Banking Partner for Expo 2020 Dubai
The partnership with Expo also marks a significant milestone in Emirates NBD’s own path to growth.
04/26/2017
Liquidity situation improving in Oman
The financial system in Oman had faced a stress on bank liquidity last year.
04/26/2017
Doha Bank honoured at 3G Awards in Dubai
It can be called corporate governance for institutions, and global governance for economies.
04/26/2017
QIIB bags Visa award for ‘Best growing Qatari bank in the banking card industry in 2016’
The QIIB portfolio of cards grew faster than all other Visa credit card portfolios in Qatar.
04/25/2017
UAE shares close higher
The bank’s shares closed up 15 per cent at Dh82.80, with Dubai Islamic Bank and Dubai Investments also gaining.
04/24/2017
CBI reports Dh21 million first quarter net profit
Operating profit increased by 13 per cent to Dh92 million
04/24/2017
NBAD shareholders approve name change to 'First Abu Dhabi Bank'
A new brand identity will be unveiled in due course
04/22/2017
Foreign assets at Central Bank of Oman grow 12.4%
This was revealed as per the initial data issued by the National Centre for Statistics and Information.
04/21/2017
Bahrain’s Bank ABC closes AlbarakaTurk deal with another two inpipeline
Bank ABC has successfully closed a $213m syndicated loan to Albaraka Türk Bank and launched another two new deals on Wednesday.
04/21/2017
NBAD, First Gulf profit surges 12.4pc in Q1
The distinguished results achieved by the end of the first quarter of 2017 are a new testament to the success of the merging process
04/20/2017
Doha bank achieves 2.9 per cent profit growth with impressive ratios
Doha Bank’s strong performance throws light on its superior products and services, ongoing customer demand, capitalising on market synergies.
04/20/2017
CMBFinancialLeasing outfor $350mborrowing
CMB Financial Leasing launched a $350m bullet into general syndication last week, even as Minsheng Financial Leasing wrapped up an increased fundraising of $335m.
04/20/2017
Merger wave could cut Qatar lenders to four: Seetharaman
Low oil prices are forcing Gulf-based banks to consolidate to better compete in a crowded market.
04/19/2017
Dubai bank Emirates NBD Q1 net profit rises 4 pct
The bank, 55.6-percent owned by state fund Investment Corp. of Dubai and viewed as a barometer for the health of the Dubai economy
04/18/2017
Bank relocating its Gulf operations to Bahrain
KuveytTurk joins a number of other leading Turkish companies operating in Bahrain.
04/18/2017
Qatar's CBQ Q1 net profit down 66.7%
The bank earned a net profit of 91.2 million riyals
04/18/2017
Saudi's National Commercial Bank Q1 net profit up 2.7%
NCB's net profit rose to 2.70 billion riyals
04/18/2017
Dubai surges in broad rally, rest of region sluggish early on
But developing an auto industry is a goal of the Saudi government’s economic reform programme.