Saudi's National Commercial Bank Q1 net profit up 2.7%
Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, reported a 2.7 percent rise in first-quarter net profit on…
Retail Banking
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Dubai surges in broad rally, rest of region sluggish early on
Dubai’s stock market rose sharply in a broad-based rally early on Tuesday but other Gulf bourses were sluggish, with Saudi…
Saudi's Riyad Bank reports 10.8 pct profit fall but beats forecasts
Riyad Bank reported a 10.8 percent fall in first-quarter net profit on higher impairment charges but Saudi Arabia's fourth-largest lender…
National Bank of Kuwait reports 8.1% Q1 profit rise
National Bank of Kuwait reported an 8.1% rise in first-quarter net profit, the country’s largest commercial lender said in a…
Emirates Islamic announces 'Personal Finance Sale'
The sale enables customers to benefit from profit rates starting from 2.79 per cent flat p.a. valid until April 23,…
Women are a growing influence on banking in the Middle East
As well as being a member of Emirates NBD’s group executive committee, Lubna Qassim also sits on the board of…
UAB reports Dh28m first quarter net profits
United Arab Bank has reported a net profit of Dh28 million for the first quarter of 2017 supported by more…
Qatar Islamic Bank profit grows to QR555m
Qatar Islamic Bank’s net profit attributable to the shareholders of the bank rose to QR555m for the three months period…
Jerusalem gets 1st Palestinian bank branch
The first branch of a Palestinian bank was inaugurated Monday in Israel-held East Jerusalem, in the first such move in…
QNB upgrades mobile banking application
QNB, Qatar’s largest bank, has made a major update to its mobile banking application, which allows users to send cash…
Standard Chartered offers video banking
Standard Chartered Bank announced today the launch of its video and chat banking service for clients in the UAE, a…
Diversification contributes to resilience of UAE economy
According to IMF Jan 2017 global growth is expected to be at 3.1 per cent. Advanced economies are now projected…