Qatar's Commercial Bank Q3 profit leaps on lower bad loan losses
Commercial Bank of Qatar the Gulf Arab state’s third-largest lender by assets, reported a jump in third-quarter net profit as…
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Kuwait Finance House third quarter net profit rises 31.4%, beating estimates
Kuwait Finance House, the country’s biggest Sharia-compliant lender, said on Wednesday its third quarter net profit rose 31.4 per cent…
Burgan Bank Sponsors the First 'Awaken Festival' in Collaboration With en.v
As a positive contributor to Kuwait’s society, Burgan Bank has forged an eighteen month partnership ending March 2020 with en.v,…
New digital bank Anglo-Gulf Trade Bank enters trade finance space
The Anglo-Gulf Trade Bank (AGTB) is set to launch its operations next year, aiming to become the world’s first digitally-enabled,…
Sale of art owned by Dubai’s Abraaj raises $5.8m
The sale of 200 works of art owned by troubled Dubai private equity firm Abraaj has raised GBP4.5m ($5.8m), according…
RAKBank Group’s nine-month net profits up 10.8 per cent
The National Bank of Ras Al Khaimah (RAKBank) Group on Tuesday reported a consolidated net profit of Dh671.8 million for…
First Abu Dhabi Bank to start commercial banking in Saudi Arabia this year
First Abu Dhabi Bank, the largest lender in the UAE by assets, said on Monday it will launch commercial banking…
MBRF, RAKBANK reaffirm partnership for SME financing
The Mohammed bin Rashid Fund (MBRF) of Dubai SME, the agency of the Department of Economic Development (DED) in Dubai…
Intesa Sanpaolo Private Bank secures Bahrain rep office licence
Bahrain's central bank said on Tuesday it has approved a representative office licence for Bank of Intesa Sanpaolo Private Bank.…
Al-Baraka sweeps global awards
Al Baraka Banking Group BSC and four of its subsidiary banking units have received Global Finance magazine’s "Best Islamic Financial…
Saudi Arabia’s National Commercial Bank Q3 profit rises 10.2 pct
Saudi Arabia’s National Commercial Bank the kingdom’s largest lender by assets, reported a 10.2 percent rise in third-quarter net profit…
Turkey: Central bank to hold rates – ABN AMRO
Nora Neuteboom, Economist at ABN AMRO, explains that Turkey’s recently released data, such as the PMI, consumer confidence and industrial…