Lesha Bank reports QAR 44.7 million profit in the first half of 2023
Lesha Bank LLC (Public) (the “Bank” or ’Lesha Bank’) today announced its financial performance for the six-month period ending on…
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Oman Development Bank approves development loans worth RO 14 million
The Board of Directors of Oman Development Bank has approved a set of loans to the tune of RO 14…
Bahrain's NBB posts 4% rise in H1 net profit to $108mln
National Bank of Bahrain has reported 4% increase in net profit attributable to shareholders to BHD40.8 million ($108.2 million) in…
Bahrain's NBB posts 4% rise in H1 net profit to $108mln
National Bank of Bahrain has reported 4% increase in net profit attributable to shareholders to BHD40.8 million ($108.2 million) in…
Ajman Bank’s Dhs550m rights issue receives strong response
Ajman Bank’s Dhs550m rights issue has been received very well, attracting many international investment banks and local investors. The rights…
Gulf International Bank annouces outstanding first half results
In the second quarter of 2023, the positive trend continues as the net profit attributable to Shareholders of the Bank…
Ajman Bank AED 550mln rights issue oversubscribed 7.4 times
Ajman Bank’s AED 550 million Rights Issue saw an overwhelming response indicating oversubscription of 7.4 times, with a total demand…
Kuwait International Bank launches online corporate banking
Kuwait International Bank has unveiled its new corporate online banking platform to augment its modern banking suite. With this…
Qatar’s banking sector total assets up 1.4% MoM in June
Qatar’s banking sector total assets increased 1.4% MoM (up 0.05% in 2023) in June 2023 to reach QR1.906 trillion. …
CBI net profit increases by 44% in H1 2023
Commercial Bank International announced its 2023 half-year financial results. CBI said its net profit increased by 44 per cent year-to-date…
UAE banks processed Dh6.74 trillion in remittances during first five months of 2023
UAE banks processed approximately Dh6.74 trillion in remittances through the UAE Funds Transfer System during the initial five months of…
Gulf International Bank honoured for best API banking initiative by Global Finance Innovators Awards 2023
Gulf International Bank was honoured for Top Innovations in Finance for Open Banking by the Global Finance Innovators Awards 2023,…