Home financing agreement signed by Bank Nizwa and Zawaya Development
Bank Nizwa, Oman’s first Islamic Bank, has signed an agreement with Zawaya Development to provide home financing solutions for potential…
Retail Banking
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Big UAE banks to benefit from $14.6bn Dubai World debt restructuring
The UAE’s big banks are set to receive a boost from the restructuring of $14.6 billion of Dubai World debt.…
Big Saudi firms to pay bonuses
Several of Saudi Arabia’s largest listed companies said they would pay out hundreds of millions of dollars in bonuses, days…
Barwa Bank Wins Three Awards
Barwa Bank , Qatar's fastest growing Shari'ah compliant banking service provider, has been recognised with three accolades at the Banker…
Al Masraf net profits up by 41 per cent
Arab Bank for Investment & Foreign Trade has achieved a remarkable increase in its net profit for 2014--reflecting an increase…
Al Wifaq Finance Company reported a record profit of AED 93.3 million for 2014
Al Wifaq Finance Company reported a record profit of AED 93.3 million for the financial year 2014 an increaseof 435?…
QNB tops ‘most valuable bank’ list in Mideast
QNB has been rated the most valuable banking brands across both the Middle East and Africa, according to the Brand…
Byblos Bank net profit up 12.5 per cent in 2014
Total assets grew three per cent (+$0.6 billion) to $19 billion as at 31 December 2014, while customers’ deposits rose…
Citi Bahrain launches rewards programme
Citi Bahrain has launched a rewards programme giving its local credit card customers access to merchandise from across the globe.…
CBD's 2014 profits jump 19%
Commercial Bank of Dubai’s (CBD) net profit increased for the sixth consecutive year in 2014, rising 19 per cent to…
Saudi banks grow despite economic threat
In spite a slowdown in world economy, the performance of Saudi banks remained sound in 2014. Fitch Ratings says…
Emirates NBD partners with NCR to introduce new ATM experience in the UAE
Emirates NBD, a leading bank in the region andNCR Corporation, the global leader in consumer transaction technologies, today jointly announced…