Gulf Bank moving toward a new path after completing its recovery
Gulf Bank announced an operating profit before provisions of KWD 106.8 million for the year ending 2014 and a Net…
Retail Banking
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Saudi Hollandi Bank and Microsoft Arabia launch Women Spark initiative in Jeddah
On Sunday March 8th the city of Jeddah hosted the Women Spark initiative organized by the Saudi Hollandi Bank in…
Sheikh Zayed Housing Programme And EDB Sign Agreement To Provide Banking And Financial Services
Sheikh Zayed Housing Programme and Emirates Development Bank has signed a Memorandum of Understanding agreement to further promote cooperation between…
BAB welcomes new CEO
The Bahrain Association of Banks (BAB) has changed its executive leadership. The Board has announced that BAB’s Chief…
Warba Bank launches new "Murabaha Express" service promising a number of new creative products
Warba Bank has launched its new "Murabaha Express" service to customers which follows the efforts of the finance department in…
Gulf Bank moving towards a new path after completing its recovery
Gulf Bank today held its Annual General Meeting and Extraordinary General Meeting at the Jumeirah Hotel, Kuwait and approved the…
Israel Discount Bank profit down on one-off items
Israel Discount Bank reported a sharp drop in fourth-quarter profit due to non-recurring items, in line with last month's profit…
New alternative growth role for Islamic finance
Islamic finance can play a central role in creating an alternative, more resilient economic and financial system, Central Bank of…
Call for strict control ‘measures’ in banks
MP Abdullah Al-Tureiji has requested the Minister of Finance Anas Al-Saleh to take instant measures on the case involving a…
Bahrain Ithmaar Bank reports net loss for 2014
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported (ed note: 7/03/15) a net loss of $8.8m in 2014, significantly less…
Barwa Bank Wins Six Islamic Finance News "Deals of the Year 2014" Awards
Barwa Bank , Qatar's most progressive Shari'ah-compliant service provider, has won six awards for Islamic Finance News "Deals of the…
UAE Exchange FLASH remit integrates with IMPS of India through YES Bank
Instant bank transfers just got faster. UAE Exchange , the leading global remittance, foreign exchange and payment solutions brand, has…