HSBC Sells Banking Business In Jordan
HSBC Holdings PLC said Monday it has sold its banking business in Jordan to Arab Jordan Investment Bank PLC for…
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Qatar's Barwa RE selling Barwa Bank stake in latest bailout move
Qatar's Barwa Real Estate said on Monday it had agreed to sell its 37.34 percent stake in unlisted Barwa Bank…
Abdul Rahim named new Ithmaar CEO
Ithmaar Bank, a leading Bahrain-based Islamic retail lender, has appointed Ahmed Abdul Rahim as the new chief executive officer. …
Bank Muscat net profit surge by 9.3 per cent in 2013
The net profit for Bank Muscat surged by 9.3 per cent to 152.2 million rials (Dh1.4 billion) in 2013 against…
Al Baraka Banking Group Wins Islamic Business and Finance Best Regional Bank
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that it won “Best Regional Retail Bank…
Saudi’s Samba Q4 profit up 15.8 percent, slightly under estimates
Samba Financial Group, Saudi Arabia’s second-largest listed bank by assets, said its fourth-quarter net profit rose 15.8 percent year-on-year coming…
QNB Group records QAR9.5bn net profit for 2013
QNB Group, the region's largest lender, has recorded a strong 13.7 percent growth in its net profit to QR9.5bn for…
Oman: Islamic Banking on the Rise
The Omani banking sector is a small but prudent and well performing sector. Profitability among Oman's banks has been healthy…
HSBC Egypt Deploys Voice Response System For Customers
HSBC Egypt has announced the deployment of an advanced voice response (IVR) system throughout its call centres, to help process…
QNB wealth management, consumer banking units top assets, profit growth
QNB Group, the World’s Strongest Bank and the leading bank in the Middle East and North Africa, continued to record…
Saudi British Bank Q4 Net Profit Jumps 20%
Saudi British Bank, Saudi Arabia’s fourth-largest listed bank, said its fourth-quarter net profit rose 20 per cent over the same…
Four banks vie for Standard Chartered assets
Four Lebanese banks are vying to acquire the license and assets of Standard Chartered bank in Lebanon with strong indications…