Al-Tijari declares a net profit of KD 9.8m for first half of 2019
Commercial Bank of Kuwait announced a net profit of KD 9.8 million for the first half of 2019 compared to…
Retail Banking
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QIB named Islamic Bank of the Year and Best Islamic Retail Bank in Qatar
Qatar Islamic Bank has been named ‘Bank of the Year’ and ‘Best Retail Bank of the Year’ in Qatar at…
Al Khaliji posts half yearly net profit of QR352mn
Al Khaliji chairman and managing director Sheikh Hamad bin Faisal bin Thani al-Thani said, “We are pleased to report another…
Bank ABC and Emirates NBD capital launch
National Bank of Oman has mandated Bank ABC and Emirates NBD Capital Limited to arrange on its behalf a USD…
EIB to halt Turkey government-linked lending till year-end
The European Investment Bank will not do any new lending in Turkey linked to the government until at least the…
QNB wins three prestigious ABF awards in Singapore
QNB Group recently received three “prestigious” awards by Asian Banking and Finance Magazine during their awards ceremony in Singapore. …
Finance: After its acquisition, Attijariwafa Bank is struggling in Egypt
Two years after the acquisition of Barclays' Egypt subsidiary, the Moroccan firm Attijariwafa Bank recorded very disappointing results. Its…
Oman’s economic reforms forecast to propel growth to 3.9% by 2021
Economic growth in Oman is expected to steadily edge higher over 2019-2021, led by pro-growth reforms aimed at diversifying the…
Burgan Bank Turkey remains resilient and continues to deliver good results
Burgan Bank Group (Group) is closely monitoring the market developments in Turkey and it remains committed to support Burgan Bank…
Kuwaiti duo acquitted in KD 13 mln money-laundering case
The Court of Appeals has acquitted two citizens of usury and money laundering of KD13 million. The Public Prosecution charged…
NBF reports 15% rise in second-quarter net profit as impairment charges decline
The National Bank of Fujairah, which counts the emirate’s government and Dubai’s sovereign wealth fund as shareholders, reported a 15…
Emirates NBD plans further expansion in KSA
Emirates NBD has announced plans for further expansion in The Kingdom of Saudi Arabia following approval from SAMA (The Saudi…