Resilient economy boosts bank profits in first quarter
Nearly Half a dozen banks that reported their 2015 first quarter results on Wednesday showed the strong resilience of the…
Investment Banking
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Intesa Sanpaolo has opened its first branch in Istanbul, Turkey
The Italian lender Intesa Sanpaolo has opened its first branch in Istanbul, Turkey. To focus solely on corporate banking,…
Saudi family agrees terms after biggest mideast default
Ahmad Hamad Algosaibi & Brothers Co. reached a deal with leading creditors to settle $5.9 billion of debt, taking the…
FGB slips off profitability top spot as earnings miss target
The Abu Dhabi-based lender FGB said its first quarter net profit increased nearly 7 per cent, missing analyst estimates and…
First Gulf Bank quarterly profit falls short of estimates
First quarter net profit from First Gulf Bank failed to match analyst estimates on Wednesday despite rising by 7 percent…
Big banks lend support to Dubai’s diamond trade ambitions
Three leading UAE banks are backing Dubai’s ambition to become a global diamond trading centre. Emirates NBD, Mashreq and…
DFSA fine on Deutsche Bank illustrates need for balance between financial regulation and red tape
It’s a simple morality play for our times: big bad bank is caught breaking the rules; fearless watchdog steps in…
H.E.Sheikh Nahyan bin Mubarak al Nahyan honours Doha bank CEO
The Dubai Global Convention 2015 25th World Congress on LEADERSHIP FOR BUSINESS EXCELLENCE & INNOVATION & Presentation of Golden Peacock…
HSBC Said Banned From Taking on New Assets at Saudi Unit
HSBC Holdings Plc is blocked from taking on new funds at its Saudi Arabian asset management business after the regulator…
Barwa Bank receives A+ and A2 Credit Ratings from Fitch and Moody's respectively
Barwa Bank, Qatar's most progressive Shari'ah compliant service provider, receives A+ and A2 credit ratings from Fitch and Moody's respectively.…
Top banker: Turkish banking industry has lost its charm
Responding to a question after his speech at a panel discussion at a CEO Club meeting on Monday, Özince said:…
Doha Bank CEO honoured with "NRI of the Year Award – 2014"
Dr. R. Seetharaman, CEO of Doha Bank was honoured with "NRI of the Year Award - 2014" on 10th April…