Al Baraka bank announces second Sukuk issuance to raise R400m
In another sign that Shariah-compliant investment instruments are becoming more widely adopted around the world, Al Baraka bank announced last…
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Ithmaar Bank continues to report increasing profits
Ithmaar Bank has announced the increased profits for the period as the Bank continues its focus on customer-centric growth. …
Abu Dhabi Islamic Bank posts 5.2% increase in quarterly profit
Abu Dhabi Islamic Bank posted a 5.2% rise in third-quarter profit compared to the same period a year earlier. …
Qatar- Commercial Bank wins two key accolades at Asian Banker's Awards 2019
For the fourth year in a row, Commercial Bank has won two awards at The Asian Banker's Banking Awards 2019,…
Safest Islamic Banks In The GCC 2019
A wave of mergers is transforming the banking sector in the Gulf Cooperation Council (GCC) states, reshaping both conventional banks…
BisB Appoints Khaled Waheeb Alnaser as Chief Internal Audit
Bahrain Islamic Bank has recently appointed Khaled Waheeb Alnaser as Chief Internal Audit. Prior to joining BisB, Khalid worked at…
New Qatari graduates join HSBC
HSBC Qatar has welcomed this year’s intake of eleven young Qatari graduates who will join the business teams to start…
Doha Bank appoints Gudni Stiholt Adalsteinsson as Chief Treasury & Investment Officer
As part of Doha Bank’s wider strategy to bring professionals with extensive international experience and expertise to the firm in…
Public sector credit demand to boost UAE lending
Credit demand from the government and public sector enterprises will fuel lending growth in the UAE in 2019 and 2020…
Bahrain's Al Salam Bank net profit surges 19%
Al Salam Bank-Bahrain has reported 19 per cent increase in net profit from BD4.1 million in Q3 2018 to BD4.9m…
National Bank of Bahrain makes offer to buy Bahrain Islamic Bank
National Bank of Bahrain, which has a 29% stake in Bahrain Islamic Bank, has made an offer to buy the…
Middle East businesses among world's most positive on global trade prospects
The latest HSBC ‘Navigator: Now, next and how’ survey of 9,131 companies worldwide, found that 85% of respondents in the…