Mashreq bank’s net profit rises 122% in first 9 months of 2023
Dubai’s Mashreq announces its financial results for the first nine months of the year continuing its strong sustainable growth trajectory…
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Doha Bank achieves net profit of QR627m for nine month period
Doha Bank Chairman, Sheikh Fahad bin Mohammad bin Jabor Al Thani, announced Doha Bank’s net profit of QR627m, for the…
United Arab Bank net profit up 76% to $56.9mln
United Arab Bank (UAB) reported a 76% year-on-year increase in net profit for the first nine months of the year,…
QNB named ’Sustainability Leader’ by Forbes Middle East
QNB Group, the largest financial institution in the Middle East and Africa, has successfully made it to the Forbes’s ‘The…
Gulf Bank showcases its pioneering experience in sustainability and women's empowerment
Salma Al-Hajjaj: We are committed to empowering our employees and enhancing their skills, recognizing that they form the foundation of…
Saudi EXIM Bank, Petrochem seal $25m credit facility to enhance local product exports
Saudi products are poised to gain improved access to the global market, thanks to a $25 million credit facility agreement…
FAB’s Q3 2023 profit surges by 48% on revenue boost
UAE’s First Abu Dhabi Bank, also known as FAB, said its Q3 2023 net profit jumped by 46 per cent…
Oman Arab Bank’s OMR 50mln perpetual bonds issuance oversubscribed by 60%
Oman Arab Bank has successfully closed a new Subordinated Perpetual Additional Tier 1 Bond issuance of OMR 40 million with…
UAE to launch national domestic card scheme
The United Arab Emirates is to establish its own domestic card scheme in a bid to encourage strategic independence from…
Qatar Islamic Bank posts 7% rise in M9 2023 net profit
Qatar Islamic Bank has reported its nine-month 2023 net profit of 3.05 billion riyals ($839 billion), up 7% over the…
UAE Central Bank subsidiary unveils instant payments platform for digital transactions
Al Etihad Payments, a subsidiary of the UAE Central Bank, has unveiled Aani, an instant payments platform that is intended…
Saudi Fund signs $100mln development loan agreement for climate-smart infrastructure project in Grenada
CEO of the Saudi Fund for Development (SFD) Sultan Al-Marshad signed today SFD's first development loan agreement with Minister of…