Oman picks FAB and Bank Muscat to arrange $2bln loan – sources
The government of Oman has picked First Abu Dhabi Bank and Bank Muscat to coordinate a $2 billion bridge loan…
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Jordan's Arab Bank group H1 net profits drop 66%
Jordan's largest lender, Arab Bank Group, reported on a 66% year-on-year drop in first-half net profit to $152.1 million as…
NBK Provides 24/7 Concierge Service to Its Customers
Concierge includes a wide range of services that reflect our care for the convenience of our Premium Banking Customers National…
Beehive creates a buzz with Saudi lending platform
A new financing website for small businesses has been launched in Saudi Arabia. The Kingdom’s Social Development Bank and…
Commercial Bank wins 'Excellence in Leadership in Middle East' award from Euromoney
Commercial Bank has won the “Excellence in Leadership in the Middle East” award at the Euromoney Magazine Awards for Excellence…
QIB announces new features on its award-winning mobile app
Qatar Islamic Bank recently released the latest version of its award-winning QIB Mobile App with the introduction of key new…
Al Khaliji net profit rises 2.6% to QR361mn in H1
Al Khaliji Commercial Bank has posted a half-yearly net profit of QR361mn, it was announced yesterday. This represents an…
Commercial Bank half-yearly net profit tops QR901mn
As a leading Qatari lender, Commercial Bank is committed to providing world-class solutions to the private sector while supporting the…
Al Salam Bank becomes first bank in Bahrain to complete customer handover of Deerat al Oyoun Villa under Mazaya Scheme
Customers will pay the first installment in January 2021 and benefit from a competitive annual profit rate of 4%. Customers…
Dubai Islamic Bank reports $571.73mln H1 net profit
Dubai Islamic Bank has reported a net profit of AED2.11 billion ($571.73 million) for the first half of 2020, down…
Time ripe for banks to move towards green loans: BAB
The exceptional circumstances inflicted by the Covid-19 pandemic and its repercussions on business offer a favourable opportunity for banks to…
Mashreq posts Dh535m net profit for first half of 2020
Mashreq on Wednesday reported a net profit of Dh535 million for the first half of 2020 down 56.2 per cent…