2nd state bank ready for Islamic unit
State-owned lender Halkbank has received regulatory approvals to establish an Islamic unit, the second public bank to do so, after…
Retail Banking
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ADCB Appoints Head of London Representative Office
David Manson will spearhead the development of ADCB 's UK market plans Abu Dhabi Commercial Bank today announced the…
Finacle Islamic Banking Solution to Power UAE’s Emirates Islamic Bank
Emirates Islamic Bank (EI), a leading Sharia-compliant banking institution in the Middle East, has selected the Infosys ( Finacle Islamic…
Doha Bank achieves sustainable performance
Net profit for the year 2014 recorded QAR 1,354 million which represents a growth of 3.1% as compared to QAR…
Kuwait's NBK Q4 profit jumps even without Qatar stake sale income
National Bank of Kuwait reported a 46.4 percent rise in fourth-quarter net profit on Tuesday, but fell short of analyst…
Dubai's Mashreq interested in Citigroup's Egypt retail business -CEO
Mashreq, Dubai's third-biggest lender by assets, is interested in acquiring Citigroup's Egyptian retail business, Mashreq's chief executive said on Sunday.…
BBK wins Best Customer Experience Overall Website Award
BBK, Bahrain's pioneer in retail and commercial banking won the prestigious award "Best Customer Experience Overall Website" in the 10th…
Bank Sohar's 2014 net profit up 1%
Bank Sohar posted an 11.2 per cent growth in net profit for the full-year 2014. Net profit for the year…
Oman Housing Bank collaborates with Bank Nizwa to create Islamic Property Finance Solutions
Bank Nizwa’s property finance is founded on the Shari’ah principles of Ljara, Murabaha and Forward Ljara. Currently the banks financing…
UAE banks seen reporting strong full year profit growth
Retail, wealth management and growing fee income streams boost earnings Starting this week, UAE lenders are expected to report…
Qatar- Ooredoo provides state-of-the-art 'Cloud Security Solution' for Al Khaliji
Ooredoo and Al Khalij Commercial Bank have signed a new agreement that will see the former providing an integrated Cloud…
Bank Alkhair names Ayman Sejiny as group CEO
Bahrain-based Bank Alkhair, an Islamic wholesale bank, has appointed Ayman Sejiny as group chief executive officer. He will be responsible…