Emirates NBD Asset Management appoints Senior Executive Officer
Emirates NBD Asset Management has appointed David Marshall as its new Senior Executive Officer. Marshall takes over from Deon Vernooy,…
Retail Banking
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Doha Bank eyes London share sale to boost capital-sources
Doha Bank, Qatar's fifth-largest bank by market value, is considering selling shares in London as part of a plan to…
IMF urges GCC states to rein in spending
Most Arab oil exporting countries in the Gulf should plan to reduce growth in government spending to make their…
Mashreq profits soar 85% in third quarter
Mashreq almost doubled profits in the third quarter as it notched up a year of steadily improving quarterly earnings…
The Best Banks In The World Broken Down By Category
For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment…
Corp Bank seeks RBI nod to open branches in Dubai, Hong Kong
Mangalore-based public sector lender Corporation Bank is awaiting regulatory approvals to upgrade its overseas representative offices in Dubai and Hong…
HSBC Bank Oman net profit edges down
HSBC Bank Oman has recorded a four per cent fall in net profit at RO10.57 million for the first nine…
Dubai's Mashreq bank Q3 profit jumps 86 pct
Mashreq, Dubai's second-biggest bank by stock market value, on Wednesday posted an 86 percent year-on-year jump in net profit for…
ABC Islamic Q3 net profit up 75pc
ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has registered a 75 per cent jump in its net…
Emirates NBD closes eight branches, slashes wage bill
Emirates NBD, Dubai's largest bank by market value, closed eight branches, removed 65 ATMs and slashed its wage bill by…
BankDhofar opens new Business and Corporate Banking Centres
BankDhofar recently opened three new Business and Corporate Banking Centres to further boost its support of Small and Medium Enterprises…
Mashreq’s Al Ghurair Fears U.A.E. Banks Becoming Over-Regulated
Banks in the United Arab Emirates risk becoming over-regulated amid tightening central bank rules that may hurt economic growth,…