Large UAE banks post solid profitability
The five largest banks in the United Arab Emirates posted solid profitability in the fourth quarter of 2016, said a…
Retail Banking
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Majid Al Futtaim said to select banks for perpetual bond
Majid Al Futtaim Holding LLC, the Middle East operator of Carrefour SA stores, picked banks for the potential sale of…
Investment as a Path to Self-Sufficiency and Stability in the Middle East
In my previous two blogs, I have focused on the importance of measuring unexpected outcomes and evidence-based design of development…
Merger of NBAD, FGB to take effect on 1st April
The merger of the National Bank of Abu Dhabi and First Gulf Bank will be announced on 1st April, while…
The National Bank of Abu Dhabi Introduces Real-Time Cross-Border Blockchain Payments
The National Bank of Abu Dhabi is pleased to be the first Middle East bank to introduce real-time cross-border payments…
Barwa Bank posts 2016 net profit of QR738.8mn
Barwa Bank has reported a net profit of QR738.8mn, while earnings-per-share rose to QR2.49 in 2016. The bank –…
Tahir eyes StanChart''s Permata stake
Indonesian business tycoon Tahir is keen to gain control of PT Bank Permata, a larger rival to his PT Bank…
Large UAE banks' post solid Q4 profitability supported by stable core income
In Q4 2016, the five largest banks in the United Arab Emirates Emirates NBD PJSC, National Bank of Abu Dhabi,…
Baker McKenzie advises on stake buy in Arab Bank
Baker McKenzie, a global law firm, advised a consortium led by Arab Bank chairman Sabih al Masri in acquiring…
60 years bodes well for ibq
International Bank of Qatar (ibq)’s net profit for the year ended 31 December 2016 was at QAR 500.3 million, an…
Qatar National Bank eyes South-East Asia
Qatar National Bank SAQ, the biggest bank in the Middle East and Africa, is turning its focus to South-East Asia…
OBA Hosts Forum on Cybersecurity Strategies
The Oman Banks Association, as part of its commitment to facilitate global best practices in risk management, hosted a forum…