Arab Bank Group profit grows by 4 per cent in nine months
Arab Bank Group posted $668.9 million in net income after tax for the first nine months of 2019 compared to…
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QIIB profit jumps 5.7% to QR777mn in Q3
QIIB has posted a third-quarter net profit of QR777mn, up 5.7% on the same period last year. The results…
ADCB sees 13% drop in profits as income falls
Commercial Bank reported on Sunday a 13 per cent decline in profits for the third quarter of 2019 as income…
NBK Group CEO receives ‘Distinguished Services to Arab Banking’ award from ABA
Isam Al-Sager, Group CEO at the National Bank of Kuwait received “Distinguished Services to Arab Banking” award from The Arab…
Dubai Islamic Bank Shines at the Islamic Business and Finance Awards 2019
Dubai Islamic Bank has walked away with four prestigious accolades at the 14th annual Islamic Business and Finance Awards. Held…
UAE’s Abu Dhabi Commercial Bank to exit Qatar and Kuwait
Abu Dhabi Commercial Bank, which completed a three-way merger in May 2019, plans to exit its operations in Qatar and…
HSBC to embark on job cuts across the MENA region in November
HSBC Holdings is embarking on a fresh round of job cuts, targeting hundreds of employees in the Middle East, North…
Mubadala-owned investment company hires banks for dollar bonds
Mamoura Diversified Global Holding, an investment company indirectly owned by the government of Abu Dhabi through state fund Mubadala, has…
UAE's First Abu Dhabi Bank Q3 net profit up 3%
First Abu Dhabi Bank, the largest lender in the United Arab Emirates, on Thursday, reported a 3% rise in third-quarter…
Israeli fashion mogul submits bid for Barneys, challenging Authentic Brands
Israeli businessman Samuel Ben-Avraham said on Wednesday he has submitted an offer for Barneys New York Inc, challenging a $271…
Commercial Bank customers can subscribe to IPOs through digital service
Commercial Bank, Qatar’s first private bank, has offered its eligible customers the opportunity to take part in IPO (initial public…
Al Wathbah, Meethaq SME and Najahi join in Riyada’s SME Forum
Bank Muscat, the flagship financial services provider in the Sultanate, in line with its commitment to sustainable development, actively participated…