Emirates NBD unit plans $408m rights issue
The Islamic unit of Emirates NBD, Dubai's largest listed bank, intends to begin a AED1.5bn ($408m) rights issue this month.…
Retail Banking
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First Gulf Bank's investor relations head quits
The head of investor relations at First Gulf Bank has resigned from the bank to move to Qatar, the bank…
Results: UAB Clocks In 32% Profit Rise
UAE-based United Arab Bank, announced a record profit increase of 32 per cent for the first nine months of 2012…
Kuwaiti banks made relatively good results in 9 months
Kuwait News Agency Governor of the Central Bank of Kuwait Dr. Mohammad Youssef Al-Hashel said Saturday the local banks made…
Doha Bank wins Excellence Award for Best Corporate CSR Programme
Doha Bank has received an Excellence Award for the Best Corporate CSR Programme by a Bank in Qatar from the…
Bank Nizwa set to launch beginning of next year
Bank Nizwa, Oman’s first Islamic Bank, is all set to open its doors by the beginning of next year after…
Gulf Finance plans to triple SMEs lending
Gulf Finance Corporation, a subsidiary of Dubai-based Shuaa Capital, has lent more than a Dh1 billion ($272 million) to the…
Doha Bank Extends Footprint in Abu Dhabi
Doha Bank as part of its expansion plans has opened a regional branch in Abu Dhabi following the upgrade of…
Emirates NBD frontrunner to buy BNP Paribas' Egypt arm-sources
BNP, France's biggest listed bank, put its retail banking business in Egypt on the block in June, seeking to shore…
Takeover deadline extended for Islamic Bank of Britain
Islamic Bank of Britain, the country's only sharia-compliant retail lender, said a deadline for a Qatari bank to decide on…
Al Hilal Bank named Middle East's 'Best Regional Retail Bank'
Al Hilal Bank once again proved its leadership in Islamic banking by winning 'Best Regional Retail Bank (Middle East) at…
Doha Bank opens in Abu Dhabi
Doha Bank has announced the opening of its branch in Abu Dhabi recently. The opening follows the upgrade of its…