Ivory Coast Signs $490 Million Islamic Bonds Deal
Ivory Coast, the biggest economy in francophone West Africa, signed an agreement for Islamic-finance bond as it seeks to raise…
Retail Banking
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StanChart Said to Consider Sale of Oman Retail Banking Business
Standard Chartered Plc is seeking to sell its retail banking business in Oman and has shelved a plan to close…
Commercial Bank net profit rises by 19.5pc
Commercial Bank of Qatar (Commercial Bank) and its subsidiaries and associates yesterday announced a net profit of QR462.5m for the…
StanChart said to consider sale of Oman Retail Banking business
Standard Chartered Plc is seeking to sell its retail banking business in Oman and has shelved a plan to close…
Arab Bank Group Reports First Quarter 2015 Net Profits of USD 217.2 million
Arab Bank Group reported net profit after tax and provisions of USD 217.2 million for the first quarter of 2015…
National Bank of Fujairah PJSC Q1 2015 net profit up by 29.6%
National Bank of Fujairah PJSC is pleased to announce its results for the three month period ended 31 March 2015.…
Resilient economy boosts bank profits in first quarter
Nearly Half a dozen banks that reported their 2015 first quarter results on Wednesday showed the strong resilience of the…
UAE Exchange joins hands with Bank of Baroda for FLASHremit
UAE Exchange , the leading global remittance, foreign exchange and payment solutions brand, has joined hands with Bank of Baroda…
Rakbank Announces AED 362.2 million Net Profit for the First Quarter of 2015
Rakbank today announced a net profit of AED 362.2 million for the three months ended 31 March 2015. Gross loans…
Gemalto launches Ezio Dynamic Fraud Manager, optimizing fraud protection for online banking
Gemalto, the world leader in digital security, reinforces its Ezio range of online banking protection with the newly integrated transaction…
Some banks win, some lose in Dubai’s ‘Islamic economy’
Dubai’s drive to develop its Islamic finance sector is fueling growth of Shariah-compliant banking but the benefits are unevenly distributed,…
Emirates NBD Announces First Quarter 2015 Results
Emirates NBD, the largest bank in the UAE by Total Income and branch network, delivered a strong set of financial…