Union National Bank 9-month profit down 1.8 pct
Operating profit for nine month period ended 30 September 2013 increased by 1.5% over prior period to reach AED 1,836…
Retail Banking
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UAE’s Retail Banking Business Set Enter a Boom Period
Retail banking business in the UAE is entering a boom phase as the economy is doing well and consumption is…
Kuwait's Gulf Bank posts 2.4% rise in Q3 net profit
Kuwait's Gulf Bank posted a 2.4 percent rise in net profit in the third quarter, Reuters calculations showed on Thursday.…
NBO set to open branch in Dubai
National Bank of Oman is to spread its wings overseas and open a branch in Dubai in a month or…
Mashreq posts 34% increase in Net Profit
Mashreq, one of the UAE's leading financial institutions, has reported a 34% increase in its Net Profit for the first…
Commercial Bank wins 'HR Initiative of the Year' award
Commercial Bank have announced that it has won the prestigious 'HR Initiative of the Year' award for this year. The…
Bank Muscat posts OMR102m profit
Bank Muscat, the flagship financial institution in the Sultanate, announced its Q3 financial results yesterday, approved by the board of…
Kuwait Turkish Participation Bank Inc. receives QFC license
Kuwait Turkish Participation Bank Inc. has been granted a license by the Qatar Financial Centre Authority , with effect from…
Bahrain lender ABC named Kawan as permanent CEO
Bahrain-based Arab Banking Corp said on Monday it had named Khaled Kawan as its president and chief executive, making the…
Emirates NBD eyes Turkey buy amid foreign expansion
Emirates NBD is looking for acquisition targets in Turkey as Dubai's largest lender scouts for opportunities beyond its home market,…
Jordan's Arab Bank 9 month net profit up 15.4 pct
Arab Bank Group continued its solid financial performance during 2013, posting a pre-tax net profit of $739.1m for the period…
Bahrain in Early Stages of Bank Merger Wave: Central Bank
Bahrain is still in the early stages of a series of bank mergers designed to strengthen the sector in the…