Commercial Bank of Dubai reports Q4 loss on bad debts and expenses
Commercial Bank of Dubai reported a decline in profit as higher provisions for bad debt and an increase in operating…
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Equitativa, Al Hamra and National Bonds launch the UAE’s first Residential REIT
Equitativa (AD) Limited has launched The Residential REIT (IC) Limited, one of the first Shari'ah compliant residential Real Estate Investment…
Bank ABC posts $183m net profit for 2016
Bank ABC (Arab Banking Corporation) has reported a consolidated Group net profit of $183 million for the year 2016, 2…
Emirates NBD launches data-driven CRM for staff
Emirates NBD, a leading bank in the region, is transforming the branch experience with the roll out of ‘Cockpit Application’,…
Gulf Finance House 2016 net profit jumps nearly 20 folds
Gulf Finance House on Sunday posted a solid set of fourth quarter and 2016 results, with net profit jumping to…
Turkey Transfers Its Ziraat Bank, Istanbul Bourse, Botas Stakes To Wealth Fund
Turkey has transferred its stakes in Ziraat Bank, the Borsa Istanbul stock exchange and state-owned pipeline operator Botas, among others,…
QNB planning to open branches in Saudi and India in overseas push
Qatar’s largest public sector bank, is planning to open branches in Saudi Arabia and India this year as part of…
UAE banks NBAD, FGB appoint second-tier management ahead of merger
National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have picked the second level management team for the…
GFH reports 2016 financial results, makes new investments in emerging markets
GFH reports a major recoveries and a 20 per cent profit distribution as it plans to double shareholders equity with…
World Government Summit to host global thought leaders
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE…
UAE private sector shows improvement in Jan
The performance of the UAE’s non-oil private sector improved slightly in January thanks to expansions in output and new work…
KFH’s economic, social contributions win praise – Capital Governor inaugurates Al-Yarmouk branch
Governor of the Capital Governorate retired Lieutenant General Thabet Al-Muhanna praised the economic and social contributions of Kuwait Finance House…