Bahrain's Ithmaar Bank gets nod for merger
The announcement, which follows the approval of the shareholders of both banks during separate Extraordinary General Meetings, is subject to…
Retail Banking
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Emirates NBD profit bounces back on lower provisions
Emirates NBD, the leading bank in the region, announced its results for the nine months ended 30 September 2012. Results…
Only one fifth of HSBC senior managers are women in MENA region
HSBC recently launched its first ‘Women's Networking Forum’ for its female employees across the Middle East. The bank said that…
Key BBK roles for Bustani and Burshaid
Bank of Bahrain and Kuwait have announced new appointments to its executive management. Abdul Hussain Bustani has been appointed to…
HSBC puts £400m +++ worldwide advertising business up for review
One of the world's plum advertising accounts, with a spend of £400 million when it last changed hands in 2004,…
Arab Bank Group ups net profit by 13% in 9 months
Arab Bank Group announced Sunday in a press statement that its net profit increased by 13 per cent during the…
UAE's First Gulf Bank Q3 net profit rises 15 pct
First Gulf Bank , the second-largest lender by market value in the United Arab Emirates, posted a 15-percent rise in…
Audi Bank nine-month net profit up 14%
The Lebanese economy has reported a sluggish performance in the first nine months of 2012 though it continued to avoid…
Jordan Islamic Bank reports increased profits
the financial statements of Jordan Islamic Bank (JIB) indicated a continuation in profits' growth till 30/9/2012. The Bank's net profits…
United Arab Bank announces record profits
UAB has announced a record net profit of Dhs298m for the nine months ended 30 September 2012, an increase…
CBD's third quarter net profit increased by 4.5%
CBD has reported operating profit of Dhs982m for the first nine months of 2012, an increase of 0.8% compared…
ahlibank profit up 27 per cent
ahlibank, one of the fastest growing banks in the Sultanate, announced its unaudited results for the nine months period…