Saudi lenders report strong profit growth amid economic recovery
Four Saudi lenders on Sunday reported strong second-quarter profit growth as the Arab world's biggest economy continues to recover from…
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Fawry's OGM approves to buy Banque Misr, CIB stake in Fawry Plus
The ordinary general meeting of Fawry for Banking Technology and Electronic Payments has approved to purchase the stake of Banque…
NBK Named Best Bank in “Innovation in Digital Banking” in the Middle East
Al-Othman: The success of our digital transformation strategy strengthens our leadership and excellence as a provider of payment solutions and…
NBB group wins 'Collaboration in resilience' accolade at the BCI middle east awards 2021
The NBB Group has been awarded the Collaboration in Resilience Award by the Business Continuity Institute Middle East Awards. This award…
Arab Bank Group First Half 2021 Net Profits Grow By 20%
Arab Bank Group reported net income after tax of $182.4 million as compared to $152.1 million for the same period…
UAE central bank maintains base rate on deposits at 15 basis points
The Central Bank of the UAE (CBUAE) has decided to maintain the base rate applicable to the Overnight Deposit Facility…
Doha Bank Achieves Profit Growth of 22.7%
Doha Bank Achieves Profit Growth of 22.7% His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the…
The Commercial Bank Announces Net Profit of QAR 1,327.3 Million for the Half Year Ended
The Commercial Bank has ) announced its financial results for the half year ended 30 June 2021. The Group reported…
Garanti BBVA once again named 'Best Retail Bank' in Turkey and Europe
World Finance magazine awarded Garanti BBVA as the best retail bank in Turkey for the seventh consecutive year in its…
Bank of Sharjah reports Dh120 million pre-provision Q2 net profit
Bank of Sharjah Group has reported a pre-provision net profit of Dh120 million. Upon application of Dh587 million as…
Dubai's Emirates NBD H1 net profit up 17% to $1.3bln
Dubai’s biggest bank Emirates NBD said its net profit rose 17 percent to 4.8 billion dirhams ($1.3 billion) as a…
UAE's biggest lender FAB posts 19% jump in Q2 net profit
First Abu Dhabi Bank, the United Arab Emirates' biggest lender, posted on Wednesday a 19% rise in quarterly net profit,…