UNB reports Dh1.86b net profit, down 8% on higher impairments
Union National Bank on Monday reported a net profit of Dh1.86 billion for the year 2015, down 8 per cent…
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BankDhofar Named Oman's Best SME Bank
BankDhofar has been named 'Best SME Bank in Oman' by the London-based Global Business Outlook. The awards are an…
Bank Muscat wins Barclays STP award
Bank Muscat, the flagship financial services provider in the Sultanate, has won a prestigious straight through processing award from…
Qatar Development Bank launches The Franchise Project to encourage local SME international growth
Qatar Development Bank has announced its latest project to develop local SMEs, 'The Franchise Project,' during a press conference held…
Alizz islamic bank CEO honoured with GCC’s ‘Top CEO’ Award
Alizz islamic bank has said that its chief executive officer Salaam Said Al Shaksy, was recently presented with the ‘Top…
Commercial Bank signs MoU with Mexican national development bank
Commercial Bank, Qatar's first private bank, has signed a Memorandum of Understanding with Bancomext, a Mexican national development bank on…
Boubyan Bank logs KD 35.2 mln profit in 2015
Boubyan Bank profits continues to grow in 2015 achieving a growth rate of 25%. The bank's net profits amounted…
Kuwait bank NBK fourth quarter profit dips 6.3%
National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, reported a 6.3 per cent fall in fourth-quarter net…
Ajman Bank posts profit of Dh122 million on strategy
Ajman Bank, the official Islamic Bank in the Emirate of Ajman, and the award-winning financial services institution committed to transforming…
Profits up at Saudi's Al Rajhi Bank, flat at Samba
Saudi Arabia's Al Rajhi Bank reported a 28.2 percent rise in its fourth-quarter net profit on Thursday, beating analyst forecasts…
Gulf banks eye prospects in Iran, others may follow
Gulf banks including Dubai's largest lender Emirates NBD are already meeting prospective clients and taking legal advice about entering Iran's…
QIB profit grows by 22 per cent
Qatar Islamic Bank has announced a net profit (attributable to the shareholders of the Bank) of QAR 1.95 billion for…