Retail Banking

Retail Banking

SICO’s H1 preferred picks are Dubai's Emirates NBD, Dubai Islamic Bank

February 7, 2023

Bahrain-based financial services company SICO said given an environment of high interest rates, Dubai-based banks, Emirates NBD and Dubai Islamic…

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Retail Banking

Qatar banking sector assets up 3.3%

February 6, 2023

Qatar’s banking sector assets increased by 3.3 percent MoM (up 4.2 percent in 2022) in December 2022 to reach QR1.905…

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Retail Banking

Dukhan Bank to list shares through direct listing

February 6, 2023

Dukhan Bank (the “Bank”), the third largest and fastest growing Islamic bank in Qatar, licensed and regulated by the Qatar…

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Awards and Recognition

Al Salam Bank Wins ‘Best Retail Bank In Bahrain’

February 6, 2023

Al Salam Bank has achieved a significant milestone with its recent award of 'Best Retail Bank in Bahrain’ at the…

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Financial Results

ABK announces net profit growth of 19% in 2022

February 6, 2023

Al Ahli Bank of Kuwait  reported a net profit of KD 32.3 million in the financial year 2022. The increase…

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Retail Banking

Gulf Bank's net profits jumped 46.8% to $202.56mln

February 3, 2023

Gulf Bank recorded a net profit of 61.8 million Kuwaiti Di­nars for 2022, an increase of 46.8% com­pared to 2021,…

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Retail Banking

Saudi National Bank FY 2022 net profit soars 47%

February 1, 2023

Saudi National Bank's full-year (FY) 2022 net profit soared 47% year-on-year (YoY) to 18.58 billion riyals ($4.95  billion) as total…

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Retail Banking

QNB receives prestigious awards from Visa

January 31, 2023

QNB Group, one of the largest financial institutions in the Middle East and Africa, has recently been recognised through two…

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Retail Banking

Al Salam Bank Launches 2023 “Danat Savings” Scheme

January 31, 2023

Al Salam Bank announced the launch of its new “Danat Savings” scheme offering cash prizes hailed among one of the…

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Retail Banking

Arab Bank Group Report Net Profits of $544.3 Million For 2022, 25% Cash Dividends

January 30, 2023

Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3…

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Retail Banking

Masraf Al Rayan reports a net profit of QAR 1.34bln for year ending December 31, 2022

January 30, 2023

Net financing assets closed at QAR 118 billion Deposits closed at QAR 97 billion The Capital Adequacy ratio stood at…

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Retail Banking

National Bank of Kuwait's fourth-quarter net profit rises more than 25% on revenue boost

January 30, 2023

The National Bank of Kuwait, the biggest lender in Kuwait, said its fourth-quarter profit jumped more than 25 per cent…

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