Gulf Bank records an increase of 18 pct in net profit for H1, 2018
Gulf Bank K.S.C.P. announced its financial results for the first half of 2018. The Bank recorded a net profit of…
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Arab Bank attains licence to operate in China
Jordan’s Arab Bank Group, announced that is has gained licence to open its first branch in Shanghai, China, reported Reuters. Nemeh…
Commercial Bank records QR855m net profit for first quarter
The Commercial Bank, its subsidiaries and associates announced yesterday its financial results for the half year ended 30 June 2018.…
NBK: Egypt continues to recover from 2016 foreign currency crisis
The National Bank of Kuwait (NBK), a subsidiary of the National Bank of Kuwait Group, said the Egyptian economy continues…
NBB profits rise 15.9pc to $97.85m in H1
National Bank of Bahrain (NBB) continued to post robust results, reporting a 15.9 per cent rise in net profit to…
FAB Brings Dubai First Business Into Its Personal Banking Group
First Abu Dhabi Bank, the UAE’s largest bank, and one of the world’s largest and safest financial institutions, has announced…
Saudi’s Riyad Bank posts 25% second quarter profit rise
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted a 25.2 per cent rise in second-quarter net profit on Tuesday,…
NBF posts Dh310.2m first half net profits
National Bank of Fujairah on Tuesday reported a net profit of Dh310.2 million for the first half of 2018, up…
Doha Bank wins ‘Best Arab Customers Services’ title
Doha Bank, one of the largest commercial banks in Qatar, has triumphed in the ‘Best Arab Customers Services’ category at…
Saudi grants banking licence to Commercial Bank of Iraq
The Saudi Cabinet approved the licence for Commercial Bank of Iraq to open a branch in the kingdom, it was…
Moody’s affirms ratings of 10 Qatar banks and changes outlook to stable
Moody’s Investors Service (Moody’s) yesterday affirmed the long-term deposit and issuer ratings of the 10 banks it rates in Qatar,…
Kuwait Bank Seeks Talks to Create Islamic Lender With $92 Billion in Assets
Kuwait Finance House KSCP wants to hold renewed talks with Bahrain’s Ahli United Bank BSC about a takeover, a potential…