Kuwaiti businessman Mustafa Boodai dies at 77
Kuwaiti business icon Mustafa Jassim Boodai passed away on Friday at the age of 77 after a life full of…
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UAE borrowers press to cut loan costs as economy accelerates, default risk drops
UAE companies, including real estate developer Tourism Development & Investment Co and holding group Al Ghurair, are seeking to cut…
HSBC Bank Oman announces new Chairman
HSBC Bank Oman have announces the appointment of David Eldon as Chairman of the Bank following a recent meeting of…
BankDhofar Profit Swells
BankDhofar yesterday announced a phenomenal 70.8 per cent growth in net profit for the first nine months of 2013 at…
Qatar National Bank Profit Jumps 14.1%
Qatar National Bank Group reported a 7.1 billion Qatari riyal net profit for the nine months ending September 20, 2013.…
Qatar National Bank might sell freshly acquired NSGB Egypt
Qatar National Bank is negotiating to sell National Société Générale Bank Egypt only six month after acquiring it, an internal…
Bank Muscat reports 1.6 per cent fall in first nine month's profits
BankMuscat posted net profit of OMR 102.51 million for the period compared to OMR 104.19 million reported during the same…
Scope for consolidation in overcrowded Gulf banking markets
Only a few years ago Middle Eastern banks were receiving billions of dollars of support from their home governments to…
Abu Dhabi Islamic Bank voted most popular bank for loans
Abu Dhabi Islamic Bank has been named the most popular bank for loans in a poll carried out on users…
Abu Dhabi Bank CEO Sees Lenders Stealing Market Share for Growth
United Arab Emirates’ banks will need to boost income from fees and steal market share from foreign rivals to compensate…
Abu Dhabi banks lead in customer service: Annual benchmark study
9th Annual Bank Benchmarking Index by Ethos Consultancy shows improvement in service standards Abu Dhabi-based banks have emerged as…
HSBC Bank Oman announces three senior executive appointments
In a bold and overt move supporting the nationalisation agenda, HSBC Bank Oman has announced the appointment of three new…