Emirates NBD reports record Dh8.35 billion full year net profit
Emirates NBD, a leading bank in the region, reported record net profit of Dh8.35 billion in 2017, up 15 per…
Retail Banking
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Qatar National Bank Q4 net profit rises 5.2 pct
Qatar National Bank (QNB) , the Gulf’s largest lender, on Tuesday reported a 5.2 percent increase in fourth-quarter net profit,…
Qatar's Masraf Al Rayan reports 9.6 pct fall in Q4 profit
Masraf Al Rayan, Qatar’s second-largest bank by market value, reported a 9.6-percent drop in fourth-quarter net profit on Tuesday, according…
Banks help Saudi rise early on, Qatar continues rally
The Saudi index was 1.0 percent higher after an hour with all 12 listed banks climbing after Saudi Arabia's central…
Oman Arab Bank appoints new head of retail banking at Al Yusr
Oman Arab Bank announced the appointment of Jamil Abdul Qader al Zadjali as the new head of the retail banking…
Emirates NBD — KSA moving toward innovative digital services
In line with its ambitious plans to expand its network in the Saudi Arabia, Emirates NBD — KSA participated as…
Crealogix to buy Innofis to establish presence in Middle East market
Crealogix, a Switzerland-based provider of digital banking solutions, has agreed to acquire Barcelona-based Innofis, which delivers digital solutions to banks…
Abu Dhabi Commercial Bank issues $540 million Formosa bond -sources
ADCB has been among the most active Gulf banks in the Formosa market in the past year or so. …
Saudi Arabia Considers Adding to $10 Billion Loan
Saudi Arabia is considering increasing the size of a $10 billion loan after banks on the 2016 deal offered to…
Saudi Arabia’s first bank beats region’s best to win two corporate excellence awards
Alawwal bank won the Middle East’s “Best retail bank” and “Banking CEO of the year” at the recent Lefonti Awards…
Bank of Palestine Group announces new structure
The strategy will focus on utilising the group companies' strengths in order to maximise synergies, economies of scale and core…
First Abu Dhabi Bank Named 'UAE Asset Manager of the Year'
First Abu Dhabi Bank, the UAE’s largest bank and one of the world’s largest and safest financial institutions, has been…