SAMA inks agreement with Monami Tech's Award Winning Digital Lending Platform Lendme
Al Hail ORIX Finance PSC, Parent company of SAMA, has announced the signature of a formal agreement and the formation…
Retail Banking
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ABK Posts 18 Pct Rise in H1 Net Profit
Al Ahli Bank of Kuwait (ABK) today reported an 18 percent increase in net profit for the first half ending…
$136bn bank debt lent to UAE and Saudi real estate sectors in 2017
Bank debt worth $136bn was lent to the real estate sectors in the UAE and Saudi Arabia last year, it…
Abu Dhabi Commercial Bank Q2 profit up 12 percent
Abu Dhabi Commercial Bank on Thursday reported a 12 percent rise in second-quarter net profit, due to higher net interest,…
AUB announces KD 29.0 million net profit for first half of 2018
Ahli United Bank reported a net profit for the first half of 2018 amounting to KD 29.0 million compared to…
FAB profit up 10% in H1 at Dh6.1b
The 2018 first half group net profit of First Abu Dhabi Bank jumped 10 per cent year on year to…
Doha Bank recognised as ‘Qatar Domestic Trade Finance Bank of the Year’
Doha Bank has been awarded ‘Qatar Domestic Trade Finance Bank of the Year’ in the ‘Wholesale Banking’ category at the…
Dubai Islamic Bank partners with Emirates Skywards
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has partnered with Emirates Skywards to launch a co-branded…
United Arab Bank posts $22m H1 net profit
Sharjah-based United Arab Bank (UAB) reported net profits for the first six months of 2018 at Dh81 million ($22 million),…
Noor Bank strategy to become world class Sharia bank
Noor Bank after undergoing a recent management overhaul is working on a strategy to emerge as one among top ten…
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…
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…