Kuwaiti lender NBK upbeat on rising demand for credit
National Bank of Kuwait is seeing higher demand for bank credit and an improvement in operating conditions, its chairman said…
Regulation, Risk & Compliance
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Central Bank approves expansion of financial activities of banks and financial institutions
The Board of Directors of the Central Bank of the UAE has approved applications of banks and other financial institutions…
Emirates NBD Asset Management Signs Agreement with UTI International for Indian Funds
Emirates NBD Asset Management today announced its collaboration with UTI International, one of India’s largest money managers. The agreement aims…
Retail banking faces pressure from slowing economy
The economic slowdown following the prolonged decline oil prices is exerting pressure on retail banking business in the country and…
Al Salam Bank-Bahrain signs an agreement with Takaful International
Present at the signing ceremony held at the Bank’s headquarter office in the Bahrain World Trade Center were Mr. Anwar…
Exclusive: Saudi Oger seeking buyers for $1 billion Arab Bank stake – sources
Saudi Oger has begun talks with potential buyers for its 20.93 percent stake in Arab Bank ARBK.AM in a deal…
Emirates Islamic announces net profit of AED 106 million for 9M 2016
“Emirates Islamic’s results this quarter reflect the prudent provisioning and secure financial policies of the bank. In light of…
Global signs agreement with Allfunds Bank
Allfunds Bank Group offers a Business to Business platform with integrated investment solutions. Created in 2000 and owned in…
Union National Bank 3Q Profit Drops 15% as Interest Income Falls
3Q net 410m dirhams vs 483m yr earlier, the lender says in statement to Abu Dhabi stock market. Mean est.…
Global signs agreement with Allfunds Bank to offer its clients access to 49,000 investment opportunities worldwide
Global Investment House a regional asset management & investment banking firm headquartered in Kuwait with offices in major capital markets…
Lawmakers file to grill Finance Minister – Political crisis brews
Three lawmakers yesterday filed a request to grill Finance Minister and Acting Oil Minister Anas Al-Saleh over the government decision…
Moody's assigns provisional A1 rating to Saudi Arabia's proposed medium-term note program
* Moody's assigns provisional A1 rating to Saudi Arabia's proposed medium-term note program * Moody's - Saudi Arabia exhibits…