HSBC Qatar appoints Omar al-Ansari as head of Retail Banking and Wealth Management
HSBC Qatar has announced the appointment of Omar al-Ansari as head of Retail Banking and Wealth Management in Qatar. …
Retail Banking
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Bank Muscat's Asset Management Division Marks RO1bn Milestone
Bank Muscat’s private equity and asset management division marked a major milestone of crossing RO1bn assets under management. The…
Jordan's AJIB to release instant bank cards with Network Int'l
Arab Jordan Investment Bank (AJIB) was announced to be now cooperating with Network International for the immediate implementation of active…
Commercial Bank to issue ‘kangaroo’ bonds in 2019: Group CEO
Commercial Bank is looking to jumpstart 2019 by issuing around A$200mn to A$250mn ‘kangaroo’ bonds in the next coming months,…
ABK records KD 42.1m in net profit for 2018
Al-Ahli Bank of Kuwait, yesterday announced its financial results for the fiscal year ended 31st December, 2018. The Bank…
Bank lending remains key financing tool in GCC: NBK
Bank lending is still a leading financing instrument for megaprojects in the GCC countries, general manager of foreign corporate, oil…
Commercial Bank 2018 net profit jumps 175.5% to QR1.66bn
Commercial Bank Group has posted a net profit of QR1.66bn in 2018, which represents an increase of 175.5% compared with…
Chinese unicorn ups e-commerce stakes in Middle East
With more than a decade's experience in e-commerce, serial entrepreneur Aaron Li believes the sector can empower the traditional retail…
Gulf Bank records an increase of net profit at 18% for the year 2018
Gulf Bank K.S.C.P. (“Bank”) announced its financial results for the year ending 2018. Financial Summary Net profit increased…
Debts of Qatar, Turkey paid in full: CBE
Deputy Governor of the Central Bank of Egypt Lobna Helal announced Sunday that deposits of Arab countries in the bank…
BisB ‘fastest growing’ Islamic bank in Bahrain
Bahrain Islamic Bank bagged the award for the “Fastest Growing Islamic Bank in Bahrain” at the 13th Islamic Business &…
Abu Dhabi Islamic Bank net profit up 8.7pc to $680m
Abu Dhabi Islamic Bank (ADIB) has delivered a strong set of results for 2018 with net profit growing 8.7 per…