HSBC Bank Oman Q3 Net Profit Rises 9%
The lender made a net profit of OMR3.8 million in the three months to September 30, compared with OMR3.5 million…
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National Bank of Kuwait Q3 net profit falls 15.6 pct
National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 15.6 percent drop in third-quarter net…
Boubyan Bank earns some KD 20 million
Boubyan Bank earned KD 20.2 million, at a rate of 10.3 fils per share, in nine months ending on September…
First Gulf Bank Sells 45% Stake In Brokerage
First Gulf Bank, the second largest lender by market capitalisation in the United Arab Emirates, on Wednesday said it was…
ANB Invest names new CEO
The board of directors of ANB Invest endorsed the appointment of Bassam Al-Mubarak to the position of CEO with effect…
National Bank of Oman Q3 profit rises, beats forecasts
National Bank of Oman, the sultanate's second-largest lender by assets, reported a 13.7 percent rise in third-quarter net profit on…
Mashreq, Avaya introduce UAE's first 'Smart Banking Anywhere'
Avaya SmartConnect will transform every customer touch point that Mashreq bank has, or plans to have, into a smart experience,…
Qatar National Bank Q3 net profit jumps 21 pct
Qatar National Bank (QNB), the largest lender in the Gulf region, reported a 20.8 percent jump in third-quarter net profit…
Analysts predict record earnings on the horizon for UAE banks
UAE banks are expected to end the year on a high note, with lending anticipated to pick up as the…
Saudi's largest lender plans to raise $6bn in IPO
Saudi Arabia's National Commercial Bank plans to raise SR22.5 billion in a flotation this month, it said in a statement,…
UAE is central to HSBC’s global SME strategy
Global banking giant HSBC sees the UAE as central to its small and medium enterprises (SME) strategy following a strategic…
Loyal depositors shoulder Turkey's Bank Asya while political war rages
Selling everything from their sofas to their wedding rings, Bank Asya clients are battling to shore up the Turkish lender…