Saxo Bank launches new highly competitive pricing structure in Mena region
To support multi-asset trading and grow market share, Saxo Bank A/S introduced new aggressive pricing structure in the Mena region.…
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Commercial Bank’s nine-month net profit jumps 386%
In a clear testament to the successful execution of its five-year strategic plan, Commercial Bank posted a nine-month net profit…
Dubai is Mena powerhouse
Dubai has retained its top position in the Mena region among the world's top 44 powerful cities in terms of…
Abu Dhabi's Mubadala hires banks to arrange 10-year dollar bond
Abu Dhabi’s state investment fund Mubadala Development Company has hired banks to arrange a series of fixed-income investor calls ahead…
2 men try to steal boxes of gold from UAE Central Bank
Two men, who were convicted of trying to steal five gold boxes from the UAE Central Bank using forged documents,…
Mohammed bin Rashid Fund and RAKBANK reaffirm partnership
Bank also opens its first Emirati Business Centre at Al Quoz Branch The Mohammed Bin Rashid Fund of Dubai…
FAB's profit up 12% on loans, advances
First Abu Dhabi Bank, UAE's largest bank by assets, reported on Monday 12 per cent growth in net profit to…
NBK Capital showcases digital revolution in banking industry
Attended by financial institutions and international banking industry experts from around the world, NBK Capital took part in Global Finance’s…
Serious Fraud Office presses for criminal charges to be reinstated against Barclays
The high street bank and four former executives were charged with conspiracy to commit fraud and the provision of unlawful…
National Bank of Bahrain seeks to buy shares in rival
National Bank of Bahrain is weighing an acquisition of shares in Bahrain Islamic Bank, the company said in a disclosure…
Oman mandates banks for 7-year dollar sukuk sale
The government of Oman has hired banks to arrange a global investor call ahead of a planned sale of dollar-denominated…
ADIB profit rises 4.5% to Dh589.5m in third quarter
Abu Dhabi Islamic Bank on Monday reported a 4.5 per cent year-on-year increase in 2018 third-quarter net profit to Dh589.5…