Qatar’s stocks gain in best week since Arab spat began
Qatar’s main stock benchmark produced its best weekly performance in almost 18 months amid expectations that a dispute with its…
Retail Banking
8799 articles found
Qatar's Biggest Bank Turns to Asia to Offset Saudi-Led Sanctions
Qatar National Bank QPSC’s expansion into Asia is helping the lender offset the impact of the ongoing Saudi-led campaign to…
Commercial Bank Board and staff show support for Emir
In a show of support and solidarity with Emir H H Sheikh Tamim bin Hamad Al Thani and the people…
Major mergers and consolidation still elusive for Gulf banking sector
Big-ticket consolidation activity remains elusive for the Gulf banking sector despite this year’s merger of the UAE’s two biggest banks,…
Commercial Bank of Dubai’s ratings affirmed with a ‘Stable’ Outlook
The Bank’s good capital adequacy, liquidity and profitability parameters, as well as improving loan-loss reserve coverage are major factors supporting…
Qatar National Bank profit rises on loan growth
Qatar National Bank QNBK the country's largest bank, on Tuesday said a rise in lending helped fuel a 7% increase…
As crisis lingers QNB reports 3.6 per cent rise in second-quarter profit
Qatar National Bank, the country's largest lender, reported a 3.6 per cent rise in second quarter net profits yesterday, in…
Oman Arab Bank selects Finastra
Oman Arab Bank has committed to deploy FusionBanking Essence from Finastra in each of its 65 branches and representative offices…
Qatar’s financial system reels under impact of economic sanctions
More than a month into economic and diplomatic sanctions imposed by its neighbouring countries, Qatar’s financial system is showing signs…
Cityland Group secures $142m loan for Dubai mall
$330m Cityland Mall project gets financial backing from consortium of banks led by Emirates NBD. Cityland Group, the UAE-based…
Contraction in Saudi growth seen slowing pace fiscal reforms
Slowing economic growth in Saudi Arabia is expected to challenge the pace of fiscal reforms as the real GDP of…
Banking shares fall in Gulf markets
Gulf stock markets were mixed on Thursday, with banks in the UAE and Kuwait generally weak despite a strong performance…