DWG restructuring boosts asset quality of UAE banking sector
Emirates NBD is the biggest beneficiary of second round of restructuring that will boost asset quality across sector. The…
Uncategorized
47651 articles found
Al Baraka Bank Egypt net income up 36 per cent
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG) and its investment arm in…
Deloitte: Will 2015 be a turning point for banks’ profitability
With the post-crisis remediation hopefully behind it, 2015 is shaping up to be the year the banking industry moves past…
RAKBANK, Kalyan Jewellers Launch ‘Goldback’ Credit Card In UAE
RAKBANK has partnered with India-based Kalyan Jewellers to launch a new co-branded credit card that offers users goldback for purchases.…
Sovereign wealth funds to back £10bn O2 tie-up
Several of the world’s wealthiest state-backed funds are in talks to provide financial backing for O2’s industry-changing £10bn tie-up with…
Warba Bank announces its annual financial results for 2014
Warba Bank has announced its annual financial results for 2014 demonstrating remarkable growth across all indicators of the Bank supported…
Home financing agreement signed by Bank Nizwa and Zawaya Development
Bank Nizwa, Oman’s first Islamic Bank, has signed an agreement with Zawaya Development to provide home financing solutions for potential…
Union National Bank’s Itihad Fund posts 12.66% gains
Union National Bank said on Monday its Al Itihad Fund posted a performance of 12.66 per cent as of December…
Qatar entrenches UK interests
A great deal of nonsense has been heard recently about a supposed “islamification” of Europe, but while sharia law has…
Jordan's Housing Bank says 2014 net profit up 16 pct
Jordan's Housing Bank for Trade and Finance has reported a 16 percent rise in full-year net profit to 123.9 million…
Regulation, tight pricing overshadow Gulf’s capital-boosting bonds
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing…
Doha Bank wins ‘Golden Peacock Global Award’ for CSR
Doha Bank has been awarded the “Golden Peacock Global Award 2014 for Corporate Social Responsibility” during the 9th International Conference…