UAE- Emirates NBD Q1 profit surges 27%
Emirates NBD announced on Wednesday that first-quarter profit rose 27 per cent rise year-on-year to Dh2.4 billion, underpinned by higher…
Retail Banking
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Qatar's Commercial Bank posts first-quarter profit leap
Commercial Bank, Qatar's third-largest lender by assets, on Tuesday reported a huge 345 percent jump in first-quarter net profit, beating…
Ahlibank net profit rises 3.6% to QR176.1mn in first quarter
Ahlibank has posted a first quarter (Q1) net profit of QR176.1mn, up 3.6% (QR6.1mn) on the same period in 2017. …
Dubai’s Emirates NBD reports 27% rise in first quarter net profit
Emirates NBD, Dubai’s biggest lender, reported a 27 per cent rise in first quarter net profit attributed to loan growth…
HSBC Qatar appoints new head of its Commercial Banking
HSBC Qatar has appointed Elie el-Asmar as its head (Commercial Banking) in a move bringing more than 20 years of…
‘Bank for Life’: KIB embarks on new chapter of its journey
In fact, KIB has always recognized that change is not only inevitable, but a vital necessity. In today’s rapidly-evolving world,…
Emirates NBD rolls out blockchain solution ‘Cheque Chain’ at scale
UAE’s banking giant Emirates NBD is spearheading blockchain initiatives in the region and has become the first to go-live at…
Bank Muscat posts preliminary $116.3mln net profit
Bank Muscat has released its preliminary results for three months ending 31 March 2018. The bank posted a net…
AlexBank, Jordan Post sign agreement to enhance remittances service
The agreement was signed by Jordan Post Co General Manager Khaled Deib Al-Laham and Dante Campioni, managing director and CEO…
BNP Paribas named Mena region’s best M&A financial advisor
Mergermarket last night announced the winners of its third annual MENA Mergers Forum, recognising the top M&A financial and legal…
Commercial Bank wins ‘Best Retail Bank in Qatar’ award for 2nd year in a row
Commercial Bank has been awarded the ‘Best Retail Bank in Qatar for 2018’ by the Asian Banker for the second…
National Bank of Kuwait reports 9.6 pct Q1 profit jump
National Bank of Kuwait , the Gulf Arab state’s largest commercial lender, reported a 9.6 percent rise in first-quarter net…