Emirates NBD recognized as the best bank in Egypt for 2018
Emirates NBD - Egypt has been awarded “The Best Bank” in Egypt for 2018 by The Banker Africa for the…
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Three UAE Banks Merge Into Fifth-largest Among Gulf Countries
Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank agreed a merger on Tuesday to create the third-largest…
Qatar National Bank hires arrangers for U.S. dollar bond: sources
Qatar National Bank (QNB), the largest lender by assets in the Middle East and Africa, is planning to issue U.S.…
National Bank of Bahrain net profit jumps 14.8% to $186mln
National Bank of Bahrain (NBB) today announced strong financial results for the full year ending December 31, 2018 with a…
New head of compliance for BDB
In line with its strategic plan to invest in local talent and empower women in the banking sector, Bahrain Development…
Banque du Caire to expand funds in all economic sectors to assist in economic development: Chairperson
Chairperson and CEO of Banque du Caire, Tarek Fayed, said that an integrated strategic plan has been established since he…
Boards of ADCB and UNB to discuss update on merger with Hilal Bank
The boards of Abu Dhabi Commercial Bank and Union National Bank will meet separately on January 29 to discuss the…
UAE deposits $3 billion with State Bank of Pakistan
The Abu Dhabi Fund for Development made a $3 billion deposit at the State Bank of Pakistan on January 23.…
What Barclays banker accused of getting £11.8bn secret bailout from Qatar during 2008 crash said to his colleague
A Barclays boss said the bank would collapse without a multi-billion-pound bailout from Qatar, a court heard yesterday. As…
Mashreq Bank continues to take the digital lead in the Gulf
Spearheaded by the UAE, the Gulf region is gradually transitioning into a cashless society. In line with this shift,…
CBD net profits rise 16% to hit Dh1.16b in 2018
Commercial Bank of Dubai on Wednesday reported net profit of Dh1.16 billion for 2018, up 16 per cent year on…
KFH, Al-Ahli banks merger to begin
Kuwait Finance House has notified the Central Bank of Kuwait and Capital Markets Authority about its Board of Directors meeting…