Q3 profit rise at Riyad Bank could support Saudi bank stocks
Saudi bank shares could be buoyed on Thursday by better than expected third-quarter earnings from Riyad Bank, the kingdom's fourth-largest…
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NBK named Best Bank in Kuwait 2017 by Global Finance
National Bank of Kuwait has been named the Best Bank in Kuwait 2017 by the international financial publication Global Finance. …
Commercial Bank of Dubai profit drops on provisions
Commercial Bank of Dubai on Wednesday said its net profit in the first nine months of 2017 dropped 5.2 per…
Gulf Bank Records an Increase of 10 Percent Y-O-Y in Net Profit for the First Nine Months of 2017
Gulf Bank K.S.C.P. announced today its financial results for the first nine months of 2017. The Bank recorded a…
McKinsey highlights importance of LEIs – RESEARCH
New research undertaken by McKinsey & Company and the Global Legal Entity Identifier Foundation estimates that broader, global adoption of…
ENBD honoured at BAI Global Innovation Awards
Emirates NBD, a leading bank in the region, has been declared the Most Innovative Financial Services Organization of the Year…
UAB Q3 profit hits Dh50 million on lower provisions
The United Arab Bank posted Dh50 million net profit in the third quarter of 2017, primarily driven by growth in…
Second UAE Food Bank opens in Dubai
The second operational site of the UAE Food Bank was launched on Monday at Al Bada area near Canadian University…
Abu Dhabi Commercial bank raises A$400 mln in bonds
Abu Dhabi Commercial Bank has raised A$400 million ($315 million) in a triple tranche “Kangaroo” bond issuance on Friday, the…
Qatar National Bank aims to refinance $3 bln loan by year-end –sources
Qatar National Bank, the largest Gulf Arab bank, has approached commercial banks for the refinancing of a $3 billion loan…
FAB Recognised as Safest Bank in the UAE and the Middle East
First Abu Dhabi Bank, the UAE’s largest bank and one of the world’s largest financial institutions, has been named the…
Gulf banks ‘ripe for consolidation’ following FAB deal
When Abu Dhabi’s two biggest banks announced their $29bn “merger of equals” last year, the implications were more significant than…