UPDATE 1-Qatar's CBQ posts third straight quarterly profit dip on provisions
Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, reported a third successive quarterly decline in…
Retail Banking
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Reinventing Retail Banking in the Middle East
The 9th Annual Middle East Retail Banking Forum will host over 150 senior retail banking professionals from 7 - 9…
Kazkommertsbank expects to acquire BTA Bank stake in Q2
Kazkommertsbank expects to finalise the acquisition of a 46.5 percent stake in BTA Bank in the second quarter of this…
Standard Chartered Middle East in Management Shake-Up
Standard Chartered in the Middle East recently made several changes to its senior leadership amid the bank’s global management shake-up…
Danish lender to open Abu Dhabi office
Saxo Bank, the Danish lender best known for online trading, said it plans to open an office in Abu Dhabi…
Emirates NBD announces a Senior Executive appointment
Emirates NBD has announced that it has appointed Jonathan Morris as the Group's General Manager of Wholesale Banking and member…
CBK reports operating profit up by 8.5 percent
Commercial Bank of Kuwait (on Wednesday announced operating profit of KD 101.7 million, up by 8.5 percent compared with KD…
UAE Banks Federation Supports Smart Government Initiative
The U.A.E. Banks Federation has unveiled a key project which forms the main financial component of the Smart Government initiative…
Banque Saudi Fransi gets nod for bonus share issue
Banque Saudi Fransi, the lender part-owned by Credit Agricole, has received regulatory approval for a 3 billion riyal capital increase…
Kuwait's leading Islamic bank posts huge 2013 profit
Kuwait Finance House, the emirate's leading Islamic bank that has been reeling from the impact of the global financial crisis,…
UAE's Aabar approached to invest in world's oldest bank
Abu Dhabi investment fund Aabar has been approached to invest in the world’s oldest bank, Italy’s Monte dei Paschi di…
Qatar Islamic Bank and QInvest launched "Shiraa Funds"
Qatar Islamic Bank and QInvest have together launched a new range of innovative Shari'a compliant funds, the "Shiraa Funds". Shiraa…