Ahli United Bank reports a 12.7% surge in 2018 net profit
Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 697.5 million for the year…
Retail Banking
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UAE bank assets rise 1.2% in January: Central Bank
Assets of banks operating in the UAE increased 1.2% month-on-month by the end of January, the Central Bank of the…
Gulf Air discusses business cooperation with Al Baraka Banking Group
CAPA News Briefs CAPA publishes more than 400 global News Briefs every weekday, covering all aspects of the aviation…
Foreign institutions’ increased buy support extends bull run on QSE
Foreign institutions’ increased buying support on Monday extended the bullish run on the Qatar Stock Exchange for the second consecutive…
Bahrain bank joins hands with Intellect to digitise business
City-based Intellect Design Arena Ltd, a financial technology product company, has been selected by BBK, one of the Bahrain's leading…
Bankers Are Sick of Choosing Sides Between Qatar and Saudi Arabia
When Saudi Arabia cut ties with Qatar in mid-2017, many international bankers chose to chase a potential fee windfall in…
Ithmaar Holding reports net profit of $10.06m for 2018
Ithmaar Holding B.S.C., a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic retail bank,…
UAE's Emirates Development Bank hires arrangers for dollar bond
Emirates Development Bank, wholly owned by the federal government of the United Arab Emirates, has hired banks to arrange a…
StanChart, BNP Among Banks Likely to Be Added to Saudi Aramco Bond
Standard Chartered Plc and BNP Paribas SA are among about a dozen banks likely to be added as co-managers for…
Etihad Credit Insurance partners with Standard Chartered Bank
Etihad Credit Insurance has signed a Memorandum of Understanding with Standard Chartered Bank, a leading global banking group. The collaboration…
Global Finance awarded NBK ‘Best Private Banking Services’ in Kuwait
National Bank of Kuwait has been awarded the “Best Private Banking Services for 2019” in Kuwait for the fifth consecutive…
BDB CE joins Ebdaa Bank’s director board
Ebdaa Bank Bahrain for micro-financing said the Chief Executive of Bahrain Development Bank has become a member of the Edbaa…