ABN Amro appoints new UAE country head
Dutch bank ABN Amro has appointed a new country executive for the United Arab Emirates as the previous head is…
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BNP Paribas makes significant changes in key positions to boost profit
BNP Paribas SA, under a year-long ban on some dollar clearing, is revamping its trade financing, corporate deposit and cash…
Sport Capital sues GFH for £33m over failed Leeds takeover bid
Sport Capital, the BVI-based company which failed with a bid to buy Leeds United last year, has launched a £33m…
Saudi King orders massive $29.3 billion spending
King Salman bin Abdulaziz has ordered a massive $29.3 billion (110 billion Saudi Riyals) spending in a series of decrees…
Citi Bahrain launches rewards programme
Citi Bahrain has launched a rewards programme giving its local credit card customers access to merchandise from across the globe.…
CBD's 2014 profits jump 19%
Commercial Bank of Dubai’s (CBD) net profit increased for the sixth consecutive year in 2014, rising 19 per cent to…
Saudi banks grow despite economic threat
In spite a slowdown in world economy, the performance of Saudi banks remained sound in 2014. Fitch Ratings says…
Emirates NBD partners with NCR to introduce new ATM experience in the UAE
Emirates NBD, a leading bank in the region andNCR Corporation, the global leader in consumer transaction technologies, today jointly announced…
New Qualification Framework For Finance Professionals Eyed
The Chartered Institute for Securities & Investment (CISI) has signed a Memorandum of Understanding (MoU) with the Kuwait Capital Markets…
Deloitte and Dubai Economic Council release report on attracting investments to Dubai
The recent Expo 2020 win and the MSCI announcement to upgrade UAE exchanges to emerging market status in Dubai have…
RBS Exiting Corporate Debt, DCM Business in Middle East
Royal Bank of Scotland Group Plc, the U.K.’s largest taxpayer-owned lender, is exiting its corporate loans and debt capital markets…
Bank Dhofar net profit rises 14.23 percent to OMR40.45 million in 2014
Revealing yet another year of continuous success and tremendous growth, BankDhofar recently announced its financial statements and the auditors’ report…