KFH increase of 17.4% in net profit for the first quarter of 2019: Al-Marzouq
Net operating income reached KD 118.1 Million an Increase of 7.1% Growth of Total Assets to reach 18.4 Billion an…
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Mashreq reports Dh628m first quarter net profits
Mashreq on Monday reported a net profit of Dh628 million, up 5 per cent compared to Dh598 million reported in…
Emirates Development Bank holds workshop to accelerate growth of the UAE's SME ecosystem
Emirates Development Bank hosted a workshop in collaboration with the National Program for Small-to-Medium-Sized-Enterprises, the executive arm of the SME…
CBI reports Dh20 million net profit in Q1 2019
Commercial Bank International on Monday reported a net profit of Fh20 million compared to Dh39.5 million in the first quarter…
UAE's Al Hilal Bank plans digital transformation under new CEO
UAE-based Al Hilal Bank has set out a new road map to transform into a digital-focused retail bank, investing significantly…
Turkey's last-resort lending facility tapped, funding costs rise
An unnamed bank or banks resorted to borrowing at the Turkish central bank’s expensive “lender of last resort” facility on…
NBB net profits widen to $54.3 million for the first quarter of 2019
NATIONAL Bank of Bahrain on Wednesday announced a net profit of BHD20.4 million ($ 54.3 million) for the first quarter…
ICBC Turkey named best investment bank of 2018
The Turkish subsidiary of the Industrial and Commercial Bank of China on Wednesday evening was awarded for its contributions to…
Emirates NBD rings bell to list bond on Nasdaq Dubai
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates rang the market-opening bell on Tuesday at Nasdaq Dubai…
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Central Bank of Egypt Governor Tarek Amer officially revealed plans to sell a stake in Banque du Caire, one of…
You can now withdraw cash from these Abu Dhabi banks completely free
When you need to withdraw money on-the-go, it's often the closest ATM we turn to, despite getting a Dhs2 if…
Emirates NBD Announces First Quarter 2019 Results
Emirates NBD has delivered a strong set of results with net profit up 15% y-o-y and 15% q-o-q to AED…