Dubai Bank faces money laundering charges
A Nairobi court yesterday issued summons for Dubai Bank Limited to appear in court on August 18, to plead to…
Retail Banking
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Gulf Bank Wins IFM 2016 Awards
London-based International Finance Magazine has conferred the 2016 award for 'Best Retail Bank' and 'Best Retail Customer Service Bank' in…
Qatar’s Commercial Bank Gets $166m International Loan
Commercial Bank of Qatar has obtained a $166 million, three-year loan from international banks for general corporate purposes, it said…
UAB Reports Dh71m First Half 2016 Net Profit
United Arab Bank on Monday reported a net profit of Dh71 million for the first half of 2016, versus a…
Slower lending takes toll on Union National Bank
The Abu Dhabi lender Union National Bank said its second-quarter net income declined by 17 per cent as the economic…
NCB's net income reached SR 5,068 million for first half of 2016, an increase of 2% over first half of last year
The National Commercial Bank announced that net income for the first half 2016 reached SR 5,068 million compared to SR…
Commercial Bank of Dubai Q2 profit falls 22 per cent
Commercial Bank of Dubai said its second quarter profit fell 22 per cent, weighed down by rising levels of bad…
Tunisia: ABC Bank expands its branch network in Tunisia
ABC Bank Tunisia, a subsidiary of the Bahrain-based ABC Bank Group continues to expand its branch network is expected to…
Oman’s Bank Muscat Q2 net profit edges higher, lifts sector
Oman’s largest lender Bank Muscat posted a slight increase in second-quarter net profit on Wednesday, helped by a rise in…
QNB Group report net profit of QAR 6.2 billion for H1
For the first half of 2016, Net Profit reached QAR 6.2 billion, up by 12 per cent compared to last…
Oman's Bank Muscat beats estimates with marginal Q2 net profit rise
Bank Muscat, Oman's largest lender, beat the average forecast of analysts on Wednesday as it posted a marginal increase in…
Qatar investment spending to fuel GDP growth, says QNB
Qatar’s real GDP growth is expected to grow from 3.3 percent in 2016 to 4.2 percent by 2018, as the…