Bahrain's Ahli United Bank Q1 net profit down as one-off gain not repeated
Ahli United Bank, Bahrain's largest lender, posted a 56 percent decline in its first-quarter net attributable profit, the bank said…
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Emirates NBD sees retail banking boom as here to stay
Dubai: Emirates NBD’s Retail Banking and Wealth Management business has had a fantastic first quarter with 13 per cent growth…
Large sovereign maturities issues hold back net debt growth in Q1 – NBK report
GCC debt markets experienced modest growth in the first quarter of 2014 on weaker private sector issuance and large maturing…
UAE: Banks should be ready for margin compression
As the retail banking business in the UAE is set for an average 10 per cent per year asset growth,…
GCC lenders well-positioned to build on online banking trends, says Seetharaman
Doha Bank group chief executive officer Dr R Seetharaman delivered a presentation on changing trends in global economy at a…
Investcorp adds managing director of hedge fund marketing
Franklyn Chang joined Investcorp as a managing director to head hedge fund marketing, said Lionel Erdely, chief investment officer and…
IMF May Raise U.A.E. GDP Growth Estimate as PMI Hits Record
The International Monetary Fund said it will probably raise its estimate for economic growth in the United Arab Emirates this…
Deutsche Bank named Best Euro Clearing Bank in the GCC
Recognizing its superior regional platform, Deutsche Bank has been awarded Best Euro Clearing Bank in the GCC region from the…
ADCB wins three awards at the Banker Middle East Product Awards 2014
Abu Dhabi Commercial Bank, for the fourth year in a row has received recognition for its SME offering; winning "Best…
New adventure in Dubai
The SMP Partners Group has expanded its global network with the opening of a new representative office in Dubai. The…
Latham & Watkins Advises on €3.15 Billion Multicurrency Loan Facility for Emirates Telecommunications Corporation
Latham & Watkins advised Emirates Telecommunications Corporation ("Etisalat") -as guarantor- and White Falcon Finance Company Limited -as borrower- on a…
Emirates NBD named 'Social Brand of the Year' at MENA Digital Awards
Emirates NBD , a leading bank in the region, today announced that it hasbeen named "Social Brand of the Year,"…