Commercial Bank of Kuwait incurred loss in Q4
The Commercial Bank of Kuwait (CBK) did not register any profits during fiscal year 2019 when compared to profits of…
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Abu Dhabi Islamic Bank to cut jobs as it seeks to save $136m
Abu Dhabi Islamic Bank is reportedly considering axing jobs and closing branches as part of a series of cost-cutting measures…
Standard Chartered commits USD75bn towards Sustainable Development Goals
Standard Chartered has announced new business targets for supporting its clients as they transition to a low carbon economy as…
Doha Bank’s exceptional feats honoured at NABS awards
Doha Bank has been recognised for its outstanding performance in the “Best Trade Finance Bank” category at the 13th New…
Commercial Bank Financial Services launches 'margin trading' product
CBFS has become the first bank brokerage subsidiary in Qatar to launch such an 'innovative' product Pioneering innovation and…
BBK Reports Q4, FY19 Profit
BBK reported a 6.4 per cent increase in its fourth-quarter net profit attributable to the owners of the bank to…
Saudi Industry Minister Announces Near Launch of Bank of Exports
Saudi Arabia will soon announce a bank of exports which will establish industrial clusters that contribute to the growth of…
FAB issues over AED 3 billion bonds within three days
UAE’s First Abu Dhabi Bank has issued over AED 3 billion bonds via two separate public issuances in three days.…
Emirates NBD named UAE's most valuable banking brand at $4.1bn
Emirates NBD continues to be the UAE’s most valuable banking brand with a $4.13 billion brand valuation in the latest…
Gulf Bank, Instimatch tie up for digital cash deposits
Kuwait-based Gulf Bank has signed up as a client of Instimatch Global, an international digital network for institutional money market…
Arif Shaikh to retire as Group Chief Risk Officer after two decades with FAB and FGB
Arif Shaikh is to retire as Group Chief Risk Officer of First Abu Dhabi Bank later in 2020, after nearly…
BisB inks partnership deal with Bahrain Polytechnic
Bahrain Islamic Bank said it has signed a MoU with Bahrain Polytechnic in line with its efforts to promote education…