Barwa Bank merger plans in final phase
The merger plans of Barwa Bank are fast progressing. Once the bank completes the legal and financial studies, the report…
Retail Banking
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Large UAE banks set to post solid profitability
Profitability at the four largest UAE banks will remain solid in the next 12 to 18 months underpinned by solid…
Banque Misr, Egypt Post, Visa sign to co-ordinate in digital financial services
Egypt Post, Banque Misr, and Visa signed a tripartite partnership to regulate digital financial services, expand their customer base, and…
Large UAE banks post solid Q2 profitability as interest income rises
Profitability at the four largest UAE banks will remain solid in the next 12 to 18 months, underpinned by solid…
Major banks' profits to remain solid
Profitability at the four largest UAE banks will remain solid in the next 12 to 18 months on the back…
Middle East fintech sector begins to stir
"Fintech" has been in the news a lot in recent weeks in the UAE and the wider Middle East region.…
Qatar Banks Seek Asian, European Funding as Diplomatic Crisis Bites
Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars…
Qatar bankers ask who their friends are in Gulf scrap
It’s good to know who your friends are when times are tough. Qatar’s banks are keeping track of which foreign…
Qatar banks seek Asian, European funding as diplomatic crisis bites
Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars…
Kuwait corporate earnings up on strong investment gains
Listed Kuwaiti companies saw a notable rise in profits in the first half of 2017; however, weak revenue growth continued…
Qatar deposits $6.9 bln in banks in July to offset crisis outflows
Qatar's government deposited nearly $7 billion in the local banking system during July to offset a pull-out of funds by…
Bank of Palestine announces a net profit of $24.72 million for the first half of 2017
Bank of Palestine (BOP), announced its half year 2017 preliminary financial results reporting a gross income of $108.34 million in…