CBI launches Islamic banking window
Commercial Bank International (CBI), a Dubai-based conventional lender, has launched its Islamic Banking window — Al Islami— which offers a…
Retail Banking
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Meezan Bank acquires operations of HSBC Oman
Meezan Bank has acquired HSBC Oman SAOG Pakistan. The entire operations of HSBC Oman Pakistan are being converted into…
Kuwait: Non-resident deposits at banks grow 19.6% in Q3
The non-resident deposits at the banks in the country rose 19.6 per cent year-on-year in the third quarter of the…
S&P downgrades slew of Saudi banks
The ratings agency Standard & Poor’s has downgraded a slew of Saudi Arabian banks, following its cut to the kingdom’s…
Egypt’s Banque Du Caire sees 40-45% rise in profits for 2015
Banque Du Caire, Egypt’s third largest state bank, expects a 40-45 percent increase in profits this year following a restructuring,…
Warba Bank Reports Net profits in the Third Quarter 2015
Warba Bank achieved excellent profits in the third quarter exceeding expectations for its financial results for the first nine months…
GCC Banks Have Potential to be Among World's Most Digitally Competitive, Says SAP
GCC banks are well-positioned to be among the world's most innovative in driving digital strategies for business transformation and competitiveness,…
Third-quarter profit at Amlak Finance jumps
Amlak Finance, the Dubai mortgage lender whose shares were frozen for six years after the 2008 financial crisis, reported a…
RAKBANK Partners with Dubai Properties
RAKBANK has announced its partnership with Dubai Properties to provide convenient home finance solutions for a selection of complete and…
Bank lending in UAE sees slowest pace of growth in September
Bank lending growth in the UAE slowed to seven per cent on an annual basis during September, from 8.6 per…
NBAD launches operations in India as part of international growth strategy
· Furthers NBAD 's international footprint in key growth markets across the West-East Corridor - in line with strategy …
, Temasek sale of Abu Dhabi finance firm said to stall
Mubadala Development Co and Singapore's Temasek Holdings's sale of Dunia Finance LLC has stalled after bids for the Abu Dhabi…