First FAB branch in KSA boosts UAE-KSA trade ties
First Abu Dhabi Bank has officially inaugurated its Saudi operations during a ceremony at its new Riyadh branch. The opening…
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UAE- ADCB posts Dh1.15b Q1 net profit
Abu Dhabi Commercial Bank (ADCB) reported on Monday a net profit of Dh1.152 billion for the first quarter of 2019…
NBB launches home finance & equity promotions to support existing owners and buyers of new properties
National Bank of Bahrain has announced a special Home Finance & Home Equity promotions from April 2019 until year end,…
UAE banks invested $9.53bln in Q1-2019
UAE banks invested up to AED35 bn in Q1-2019, bringing to AED367.8 bn their aggregate investments, a growth of 10.5…
Hong Leong Bank and Emirates Skywards Partner to Launch Emirates HLB Cards
Partnership to benefit a growing Malaysian travel segment and add more value and rewards for Emirates Skywards members Daily…
Banks merge to create UAE's third largest lender
The third largest banking giant in the UAE with Dh423 billion in assets came into being on Wednesday following the…
Qatar Sues UAE, Saudi, And Luxembourg Banks Over Riyal Manipulation
Last Monday Qatar filed two lawsuits in New York against First Abu Dhabi Bank and Samba Bank, and one in…
NBF’s Q1 net profits up 15% to Dh167.6
National Bank of Fujairah on Wednesday reported Dh167.6 million net profits for the first three months of 2019 up 15.3…
Finance House takes SMS Banking to the next level
Finance House P.J.S.C. has announced the introduction of innovative solutions through its SMS Banking Service as part of its Digital…
Bahrain has potential to be a global center for microfinance financial transfers: Ebdaa Bank
Ebdaa Bank reports net profit of BD 306,000 for the fiscal year ended 31, December 2018 Ebdaa Bank successfully progresses…
Abu Dhabi ranks 12th in 2019 ‘Doing Business’ report: World Bank
Abu Dhabi is now ranked 12th worldwide according to the World Bank’s 2019 “Doing Business” report. The oil-rich emirate…
UAB reports net profit for Q1 2019
United Arab Bank announces its Financial Results for the three months ended 31st March 2019. UAB reported a Net…