RAKBank reports Dh839.4m nine-month net profit
Dubai The National Bank of Ras Al Khaimah Group on Wednesday reported net profit of Dh839.4 million for the nine-months…
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Bank of Sharjah announces financial results for the period ended 30 September 2019
Bank of Sharjah has announced the results of the period ended 30 September 2019. The following Management Discussion and Analysis…
NBB records 1.8% increase in net profits for the first nine months of 2019.
National Bank of Bahrain has reported a 1.8% increase in its net profits to BHD 56.0 million (US 148.9 million)…
Qatar's Commercial Bank still looking to sell United Arab Bank stake
Qatar's Commercial Bank, the country's third-largest bank by assets, said on Wednesday it is still looking to sell its 40%…
Noor Bank's profit rises 12% to AED 595 million
Noor Bank has announced its financial results for the period ending September 30 2019, recording a net profit of AED…
Saudi startups join regional accelerator to boost social impact
SABB has joined partner bank HSBC to open the regional “C3 Social Impact Accelerator” to Saudi startups for the first…
QNB announces financing of Baladna IPO subscriptions
QNB, the largest financial institution in the Middle East and Africa, has announced the financing of subscriptions to the initial…
BisB witnesses a positive surge in new customers via "Selfie" mobile account opening
Recently, BisB revealed during a broadcast on the Bank’s YouTube channel its latest digital milestone, announcing that customers could sign…
Saudi Arabia hires JPMorgan, Standard Chartered for $2.5 bln sukuk
Saudi Arabia has hired banks including JPMorgan and Standard Chartered to manage a $2.5 billion issuance of sukuk, or Islamic…
Standard Chartered brings real-time onboarding to the UAE for the first time
Standard Chartered is now the first bank in the UAE to provide clients with instant digital credit cards. The…
Alinma Bank sustains growth in all activities
Alinma Bank has recorded net profit of SR2,251 million before Zakat during the nine months of 2019 compared to SR1,856…
Lebanon Pledges Bank Tax as Part of Sweeping Drive to End Unrest
Lebanese officials promised to tax banks and slash their own pay as they unveiled an unprecedented package of measures to…