Al Baraka Islamic Bank announces new scheme with over BD1 million in cash prizes
Al Baraka Islamic Bank has launched in January 2021 with prizes amounting to more than BD1,000,000 for more than 600…
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Alizz Islamic Bank appoints new Sharia Supervisory Board
Alizz Islamic Bank recently announced the appointment of a new Sharia Supervisory Board. Sheikh Dr Essam Khalaf Al Anzi was…
FAB launches 2021 Global Investment Outlook Report
First Abu Dhabi Bank the UAE’s largest bank and one of the world’s largest and safest financial institutions, has published…
Emirates NBD sees increased remittances via 60 second DirectRemit service
Emirates NBD has recorded an increase of over 20% in the number and value of funds transfers via its DirectRemit…
Qatar banks’ assets rose by 3.7% in first nine months of 2020: PwC
The aggregated total assets of Qatar’s eight listed commercial banks on the Qatar Stock Exchange grew by 3.7 percent to…
Ahli Bank, Oman, Becomes SunTec’s 50th Customer for its Indirect Taxation Solution
SunTec’s GCC VAT compliance solution to help Ahli Bank automate end-to-end VAT compliance process, manage regulatory changes, and seamlessly integrate…
Qatari bank sees gradual growth in Saudi Arabia
Qatar National Bank, Gulf's biggest bank by assets, expects its business in Saudi Arabia will pick up only gradually after…
QIB net profit rises to QR3.07bn in 2020
Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, Chairman of Qatar Islamic Bank (QIB) announced yesterday that QIB…
Ahlibank net profit rises to QR680.06m in 2020
Ahli Bank PQSC yesterday announced a net profit of QR680.06m for the year ended 2020 compared to net profit of…
Abu Dhabi market leads broader gains
Stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index marking its best session in more…
Ithmaar says advisors start work on sale of Bahrain banking ops to BBK
Dubai-listed Ithmaar Holding has announced that its advisors have started preparations for the potential sale of the Bahrain operations of…
UAE to see sharp recovery this year: FAB report
The UAE is likely to see a V-shaped recovery this year, as the economy emerges from the impact of the…