Waha Capital reports net profit
Waha Capital has reported a net profit of AED 466.9 million for the first nine months of 2015. Earnings were…
Retail Banking
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SICO reports net profit of BHD 2.3 million for 9M 2015
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its…
State Bank of India join hands with Emirates bank for easier remittances
A leading UAE-based bank has announced a partnership deal with State Bank of India to help NRI customers in the…
Bank Muscat and INSEAD join forces for best practices in banking sector
The Executive Development Programme is part of a wider, ongoing effort between Bank Muscat and INSEAD to equip senior executives…
Emirates NBD partners with State Bank of India for 60-second remittances
Emirates NBD has announced that it has expanded its partner bank network in India to include State Bank of India…
Diyar Al Muharraq signs $32 million Islamic financing agreement with Al Salam Bank-Bahrain
The signing ceremony took place at Dragon Mall in Dragon City at the Diyar Al Muharraq site. The agreement was…
Al Masraf profit during first half of 2015 increases by 13 per cent
Al Masraf has attracted more deposits that currently amounting to AED 8.86 billion due to expanding its customer base over…
Gulf International Bank Reports A Nine Month Profit Of $64.7 Million
Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of $64.7 million for the nine months ended 30th…
Bahrain's Al Baraka Banking Group Q3 profit rises 4 pct
Al Baraka Banking Group , the Bahraini Islamic lender with operations in more than a dozen countries, posted a 4…
UNB-Egypt aims to acquire 5% of Egyptian banking market in 10 years: Vice Chairman
By the end of 2015, the Union National Bank-Egypt (UNB-Egypt) is targeting to achieve a profit growth rate between 30%…
Warba Bank launches exclusive partnership with Honda Alghanim Motors
Warba Bank launched a new exclusive partnership with Honda Alghanim Motors in Kuwait to provide the best financing services to…
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…