Saudi Bank Deposits Reach $453 Bn
Saudi bank deposits rose to $453 billion during Q3 of 2019, compared to the same period of 2018, according to…
Financial Results
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Al Ahli Bank of Kuwait net profit hits KD 15.4 million
Al Ahli Bank of Kuwait continues to post solid top line results. However, the Bank’s Net Profit for the 9-month…
UAE startups see investments soar by a third in 2019
UAE Startups have seen a nearly 33 percent increase in investment in 2019 compared to 2018, the Sharjah Entrepreneurship Festival…
World's top 100 asset owners have $19trn in AUM
• The largest asset owners in the world are too important to fail in their mission, carrying a massive burden…
Bank Hapoalim Announces Third Quarter 2019 Financial Results
Bank Hapoalim (TASE: POLI) (ADR: BKHYY), announced its financial results for the third quarter ended September 30, 2019. Key…
Noor Bank raises AED646 million for Rasmala long income fund
Noor Bank has raised AED646 million for the Rasmala Long Income Fund (“the Fund”), the first Islamic finance instrument to…
Dubai Islamic Bank Successfully Closes Landmark USD 750 Million Sukuk
Dubai Islamic Bank PJSC rated A3 by Moody's and A by Fitch (both stable), successfully closed a USD 750 million…
NBK-Egypt reports KD 30 million in net profits
NBK-Egypt – a member of NBK Group – reported EGP 1.666 billion in net profits (KD 30 million) for 9M2019…
KIB records KD 12.8 million net profits
Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank announced that the Bank reported a net profit attributable to shareholders…
United Arab Bank records loss in 9 months
The United Arab Bank listed on the Abu Dhabi Securities Exchange reported an AED 63 million net loss during the…
Trading activity in regional markets expected to be dominated by sentiments in global markets
Global equity markets closed marginally higher as investors continue to cheer the progress made on trade front. The US…
Abu Dhabi Islamic Bank to discuss raising foreign ownership limits
Abu Dhabi Islamic Bank joined the likes of Emirates NBD and First Abu Dhabi Bank in looking at increasing foreign…