National Bank of Bahrain Jan-Sept net profit jumps 11%
National Bank of Bahrain (NBB) said it delivered strong financial results and continued growth for the first nine months of…
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CBD reports 26.8% jump in 9-month profits
Commercial Bank of Dubai (CBD) on Wednesday reported a net profit of Dh843 million for the first nine months of…
Three Qatari banks report higher Q3 earnings, remaining banks' results needed to "draw larger conclusions", analyst says
Three of Qatar’s major banks have reported third quarter earnings results for 2018, which have thus far been seen as…
National Bank of Fujairah Launches ‘Ajyal’, a Bespoke Banking Service for Young Emiratis
National Bank of Fujairah announces the launch of Ajyal, a bespoke banking service tailored for young Emiratis. The very first…
Commercial Bank bags ‘Best Bank in Qatar’ award
Commercial Bank was chosen winner by Global Finance based on extensive consultation with bankers, consultants and industry analysts Commercial…
Masraf Al Rayan records 9-month profit of QR1.63bn
Masraf Al Rayan has posted a net profit of QR1.63bn at the end of the third quarter in September, which…
Al Salam Bank launches Visa credit card offers
Al Salam Bank-Bahrain announced yesterday the launch of a special rewards offer on its range of Visa Credit Cards from…
Burgan Bank successfully completes its rights issue
Kuwait’s Burgan Bank has announced the successful completion of its rights issue, whereby the bank raised KWD 62.55 million of…
Bank Muscat posts OMR134.74mn net profit
Bank Muscat, the flagship financial institution in the Sultanate, announced its preliminary results for nine months ending September 30, 2018.…
Bank of Beirut Implements Wolters Kluwer’s IFRS 9 Solution
Bank of Beirut has implemented Wolters Kluwer’s OneSumX to provide its software for managing International Financial Reporting Standard (IFRS) 9.…
Doha Bank achieves continuous compliance with the ISO 20000
Doha Bank has successfully achieved continuous compliance with the ISO 20000 standard. The outcome of the audit determines an organisation’s…
Middle East banks decide bigger can be better
While European banks have recently begun considering merger activity for the first time in a decade, in the Middle East…