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…
Retail Banking
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A Historic year and a defining moment for Mashreq as it posts 33% in Net Profit in 2014
Mashreq , one of the leading financial institutions in the UAE, today reported its financial results for the full year…
Emirates NBD Announces 2014 Results
Emirates NBD, the largest bank in the UAE by Total Income and branch network, delivered a strong set of financial…
GIB pioneers new retail bank concept in Saudi
Meem, Bahrain-based Gulf International Bank (GIB)'s first customer-designed Sharia-compliant retail bank in Saudi Arabia, launched earlier this week, has its…
NCB net record revenues reach SR 8.7 billion
Another record year for NCB: Highest-ever revenues with an increase of 10.2% compared to 2013 The National Commercial Bank…
Dubai Islamic Bank opens new branch
Dubai Islamic Bank Pakistan Limited recently opened a branch in Karachi, a press release from the DIBPL said on Thursday.…
Arab National Bank reports $767m net profit for 2014
Arab National Bank (ANB) has reported a net profit of $767 million for 2014 compared to $673 million in 2013.…
Warba Bank Wins Best Call Centre Award from Banker Middle East
Warba Bank has won the Best Call Centre Award from Banker Middle East Magazine granting awards for banking products and…
Bank Muscat Q4 profit drops in absence of insurance payout
Bank Muscat, Oman's largest lender, posted a 26.6 percent decrease in its fourth-quarter net profit on Thursday, missing analysts' estimates…
Saudi's Al Rajhi Bank Q4 net profit falls 1.8 pct, misses forecast
Al Rajhi Bank , Saudi Arabia's second-largest listed lender, posted a 1.8 percent drop in its fourth-quarter net profit, it…
CIBAFI submits feedback on liquidity rule to IFSB
The General Council for Islamic Banks and Financial Institutions (CIBAFI) has submitted feedback to the Islamic Financial Services Board (IFSB)…
Another feather in the cap of Union National Bank
Union National Bank along with its three subsidiaries (Union Brokerage Company, Al Wifaq Finance Company and Injaz Marketing Management Company)…