Investment Banking

Financial Results

Ahli United Bank B.S.C. reports a Q1/2016 profit of US154.6 million attributable to the shareholders of the bank

May 5, 2016

Ahli United Bank B.S.C.  reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter…

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Investment Banking

Qatar mandates banks for $5 bln sovereign bond

May 5, 2016

The government of Qatar has mandated banks for a $5 billion sovereign bond, a source familiar with the matter told…

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Financial Results

Emirates Development Bank reports Dh350m profit for 2012-2015 period

May 4, 2016

Emirates Development Bank on Tuesday reported a net profit of Dh350 million for the three-year period from 2012 to 2015.…

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Comment & Analysis

Qatar National Bank insists customers safe despite breach

May 3, 2016

One of the Middle East’s leading banks has acknowledged a data breach that last week exposed the personal data of…

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FinTech

Emirates NBD introduces new banking app

May 3, 2016

Dubai-based bank Emirates NBD has launched a new tablet banking app for its workers that aims to reduce the waiting…

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Investment Banking

Adgm and UAE central bank in partnership against money laundering and terrorism financing

May 3, 2016

Abu Dhabi Global Market has signed a memorandum of understanding with the UAE’s Central Bank intended to boost cooperation on…

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Comment & Analysis

Barclays Compass: developed markets continue to lead growth opporunities in Q2 2016

May 2, 2016

Barclays has announced the findings of its latest "Compass" report, which includes the Bank's tactical recommendations to portfolio asset allocations. …

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Investment Banking

Saudi central bank net foreign assets fall $6bn in March

April 29, 2016

Saudi Arabia's central bank, which serves as the kingdom's sovereign wealth fund, reported a fall of $6bn in net foreign…

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Investment Banking

Arab African International Bank awarded sponsorship of El Gouna Squash Open amid fierce competition: Hassan

April 29, 2016

The Arab African International Bank was awarded the official sponsorship of the El Gouna International Squash Open amid fierce competition…

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Comment & Analysis

Qatar Bank Hackers Got in Via SQLi – Expert

April 29, 2016

Hackers that breached the Qatar National Bank started their attack way back in July last year thanks to an SQL…

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Financial Results

FGB earnings hit Dh1.33b

April 28, 2016

Abu Dhabi's lender FGB earned Dh1.33 billion in the first quarter of the year, which was effected by economic challenges.…

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Investment Banking

Citi drops out of $1.5 bln financing of Americana sale -sources

April 28, 2016

Citigroup has dropped out of the group of banks providing a $1.5 billion bridge loan to Gulf-based Adeptio for its…

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