Gulf Investment Corporation reports Net profits of USD 110 million for 2015
Gulf Investment Corporation announced the results of its operations for the fiscal year ended 31 December 2015, reporting net profits…
Retail Banking
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Ithmaar Bank shareholders approve new group structure plans
Shareholders with Ithmaar Bank, an Islamic retail bank based in Bahrain, recently approved of the new group structure plans that…
Hapoalim CEO Quits After Building Bank Into Israel's Largest
Bank Hapoalim Ltd. Chief Executive Officer Zion Kenan is stepping down after a seven-year tenure that saw the Israeli bank…
Qatar bank Al Khaliji says raises 1 bln riyal capital-boosting bond
Al Khalij Commercial Bank said on Wednesday it raised 1 billion riyals ($274.7 million) through the issuance of a capital-boosting…
Qatar banks’ credit growth seen falling to 8% over next 12 months
Qatari commercial banks’ credit growth is expected to fall to a more moderate 8% over the next 12 months, according…
Egypt's Banque Misr opens new regional hub in UAE
Egypt's second-largest state bank, Banque Misr has inaugurated its latest regional hub in the United Arab Emirates, in a move…
Global Investment House reports KWD16.4 million revenues
Global Investment House, a regional asset management & investment banking firm headquartered in Kuwait, with offices in major capital markets…
Bank Nizwa Elects New Board Of Directors During Third Annual General Meeting
Bank Nizwa's Shareholders, Board of Directors and Executives recently came together for the third Annual General Meeting. The AGM…
HSBC’s latest report shows that 75% of Egyptians are not ready to retire: executive
Daily News Egypt sat down with Head of Retail Banking and Wealth Management at HSBC Mustafa Ramzi to discuss the…
Adcb recognised with two prestigious awards by Asian Banker 2016
Commenting on the award, Arup Mukhopadhyay, Group Head Consumer Banking, said: ""We are honored to receive the 'Best Retail Bank…
Bank Muscat granted approval for Iran office
The board of Oman’s central bank has granted approval for the country’s largest lender by market value Bank Muscat to…
Al Hamra Real Estate seals deal with Abu Dhabi Commercial Ban
Al Hamra Real Estate Development has unveiled details of a new partnership with Abu Dhabi Commercial Bank ( ADCB ),…