Network listing provides profitable exit for early backers
Network International provides payment services for digital commerce in the Middle East and Africa and the flotation is designed to…
Retail Banking
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National Bank of Fujairah launches Investment Management Business
National Bank of Fujairah PJSC announced the launch of its Investment Management business to provide mass affluent priority banking, high-net…
Emirates NBD confirms sale of 127.5 million shares
Emirates NBD Bank has confirmed the sale of 127,474,500 ordinary shares from its shareholding in Network International. The sale…
Qatar's QNB net income jumps 4 percent
Qatar National Bank recorded a 4 percent boost in its net income from January to March 2019, standing at USD0.98…
Potential Noor Bank acquisition 'positive' for Dubai Islamic Bank
A potential acquisition of Noor Bank by Dubai Islamic Bank would be a positive move for the buyer while further…
Gulf Banks Cut Deals To Speed Growth
After months of talks, Kuwait Finance House announced its acquisition of Bahrain-based Ahli United Bank in January. Both sides…
Banking on finding the correct solutions
National Bank of Bahrain (NBB) has selected Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organisation,…
M&A Fever Has Yet to Break in the Gulf
From Dubai’s Burj Khalifa to Kuwait’s Al Hamra Tower, oil-rich Gulf economies built up their skylines in a hurry in…
Qatar National Bank Q1 net profit rises 3.8 pct, broadly in li1ne with estimates
Qatar National Bank the Gulf's largest lender, reported a 3.8 percent increase in first-quarter net profit, it said on Tuesday,…
NAB eyes partnerships with Israeli groups to further big data strength
National Australia Bank is in discussions with two Israeli artificial intelligence and biometrics groups about ways to further the bank’s…
National Bank of Fujairah launches representative office in Antwerp
National Bank of Fujairah PJSC inaugurated its first international representative office in the heart of the Antwerp Diamond District, the…
Finastra and Mashreq Bank team up to rethink the future of corporate banking
Finastra and Mashreq Bank recently came together in Dubai, for a unique one day workshop around the future of corporate…