Deutsche Bank sees up to 15% MEA revenue growth in 2019 as economies improve
Deutsche Bank, the biggest German lender, expects up to 15 per cent year-on-year growth in revenues from its operations in…
Financial Results
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Union Coop plans move into Abu Dhabi
Union Coop, is planning to expand outside its home emirate of Dubai, its CEO has said. Khalid Humaid Bin…
DenizBank's acquisition to be finalized soon
Dubai-based lender Emirates NBD will complete the takeover of Turkey's DenizBank in the first half of this year, DenizBank's current…
Kuwait wraps up week in red, volume shrinks
Kuwait stocks pulled back on Thursday to end the week on a dull note. The All Shares Index dipped 44.1…
Lebanon 2019 bank deposits seen growing a `conservative' $7-$8 bln-banker
Lebanon’s domestic bank deposits are forecast to grow by a “conservative” $7 billion to $8 billion in 2019 compared with…
Ominvest's Net Profit Jumps 47% To RO30MN
Oman International Development and Investment Co (Ominvest) on Tuesday reported a strong set of results for the financial year ended…
First Abu Dhabi Bank plans to issue $2-$4b in bonds in 2019-CFO
First Abu Dhabi Bank, plans to issue $2 billion (Dh7.35 billion) to $4 billion in bonds in 2019, the group…
Bahrain Islamic Bank Achieves a Net Profit of BHD 11.4 million for the Year 2018
Bahrain Islamic Bank reported that it has recorded a net profit of BHD 11.4 million for the year ended December…
Emirates NBD approval for debt, equity funding renewed
Emirates NBD’s general assembly meeting on Wednesday reviewed the banking group’s financial results and approved the directors’ report. The…
Burgan Bank reports record profits of KD 82.6m in FY 2018, growth of 26.6%
Burgan Bank Group reported its financial results for fiscal year 2018 with a strong growth of 10.8 percent in its…
Ahli United Bank reports a 12.7% surge in 2018 net profit
Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 697.5 million for the year…
UAE bank assets rise 1.2% in January: Central Bank
Assets of banks operating in the UAE increased 1.2% month-on-month by the end of January, the Central Bank of the…