National Bank of Fujairah profit rises 30.5% to Dh239.5 million in first half
National Bank of Fujairah said its first-half profit jumped 30.5 per cent amid a booming economy that has increased demand…
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NBB reports BD 28.74 m profits in the first half, up by 7.4%
The National Bank of Bahrain (NBB) recorded a Net Profit of BD 28.74 million (US$ 76.44 million) for the six…
Fitch Affirms 5 Omani Banks' IDRs; Upgrades 3 Banks' Viability Ratings
Fitch Ratings has affirmed Bank Muscat's Long-term Issuer Default Rating at 'A-' and the IDRs of National Bank of Oman,…
Jordan’s banks continue to perform strongly
While Jordan’s economy remains weighed down by a number of challenges, the banks continue to perform strongly, with intended new…
Heaven’s Bankers: Inside the Hidden World of Islamic Finance
Is sharia-compliant banking just a way of twisting the rules? Even those who assume to know something about sharia –…
Dubai bank ENBD repays final $1.1 bln of 2008 govt support
Emirates NBD, Dubai's largest lender, has repaid the remaining 4 billion dirhams ($1.1 billion) of support which it received from…
UAE lender UNB beats forecasts slightly with 5.6 pct Q2 profit gain
Union National Bank (UNB), 50 percent owned by the Abu Dhabi government, slightly beat analysts' forecasts on Sunday with a…
Al Khaliji posts QR149.6m Q2 profit
Al Khaliji bank reported a net profit of QR149.6m for the second quarter of 2014, up 37 percent on the…
Ahli United Bank's H1 net profits reach KD 25.4 mln
The Ahli United Bank (AUB) said Saturday its net profits in the first six months this year have increased by…
Top sovereign wealth fund investors set for Dubai event
Arqaam Capital, the specialist emerging markets investment bank, has announced that it is hosting the Arqaam Capital Gulf Cooperation Council…
Burgan Bank named 'Best Domestic Retail Bank of the Year'
Burgan Bank has announced that it has won the coveted "Best Domestic Retail Bank of the Year" award from the…
Kuwait's CBK faces hurdles as it converts to Islamic bank
Commercial Bank of Kuwait (CBK) was granted permission by the Central Bank of Kuwait to issue KWD 120 million (USD…