Commercial Bank of Qatar profit slumps on bad loans
Commercial Bank of Qatar, the Gulf Arab state's third-largest lender by assets, reported a 58.4 per cent slump in second-quarter…
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Lower issuance volume out of GCC reports NBK
Global and GCC yields were mixed in 2Q17 as markets reacted to a more optimistic economic outlook, low inflation, and…
Bank of Baroda launches 3 products as it celebrates 110th anniversary
Technology has become the biggest enabler in providing convenient banking at customer's door step and Bank of Baroda is forging…
UAE makes substantial investment in Pakistan
UAE continues to make substantial investments in Pakistan helping shape the country’s vibrant economy. Among the seven GCC countries,…
Gulf Bank Records an Increase of 10% in Net Profit for H1 2017
Gulf Bank K.S.C.P. announced today its financial results for the first half of 2017. The Bank recorded a net profit…
Mashreq posts a three per cent y-o-y growth in net profit in the first half of 2017
Key highlights [1H 2017 vs 1H 2016]: * Steady growth in Net Profit - Net profit for the…
Qatari banks sell its loans in the UAE, say sources
UAE banks are buying up loans that Qatari banks - Doha Bank and Barwa Bank - extended to UAE companies,…
NBF’s Q2 2017 net profit bounces back 24.4 per cent
National Bank of Fujairah PJSC has announced its results for the six month period ended 30 June 2017. NBF posted…
QNB premium customers increasingly interested to invest in global markets
QNB, the largest financial institution in the Middle East and Africa, has witnessed increasing interest from its premium customers to…
UAB reports Dh55m net profits for the first half of 2017
United Arab Bank on Thursday reported Dh55.14 million net profit for the six months of 2017, down 22 per cent…
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…
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…