Arab Banking Corporation announces 27% increase in first quarter profit to $71m
Arab Banking Corporation has announced that its consolidated Group net profit for the first quarter of 2014 was $71m, 27%…
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Infra investment buoys Abu Dhabi market
Abu Dhabi’s real estate market has been on the road to recovery over the past few quarters with property prices…
UAE markets slide; Qatar, Egypt rebound
Stock markets in the United Arab Emirates remained weak on Wednesday while bourses in Qatar and Egypt rebounded after several…
Raja Easa Al Gurg HSBC’s Independent Non-Executive Director
Raja Easa Al Gurg, Managing Director of the Easa Saleh Al Gurg Group LLC and President of the Dubai Business…
Finance staff unhappy with bonuses
Bankers are known to pocket fat bonuses, but a high proportion of the Middle East’s financial services workers are showing…
Banks affirm support for Credit Bureau after deadline
All UAE banks have affirmed their support to the launch of Al Etihad Credit Bureau as the deadline to submit…
Islamic banks assets hit RO 808 million
The starting of Islamic banking in the Sultanate is an important development and now the country boast of two full-fledged…
Jordan Islamic Bank posts first-quarter net profit of $14.7 million
Jordan Islamic Bank,, a subsidiary of Bahrain-based Al Baraka Banking Corp, reported first-quarter net profit of 10.4 million dinars ($14.7…
National Bank of Abu Dhabi 1Q Profit Inches Lower On Expenses
National Bank of Abu Dhabi, the United Arab Emirates' largest financial group, on Monday said first-quarter profit inched lower due…
Arab Banking Corporation announces 27 per cent increase in Q1 2014 Profit
Business volumes grew in line with ABC’s expansion plans, resulting in improved revenues across all the geographies that ABC operates…
Bahrain: BIBF budget is approved
Bahrain Institute of Banking and Finance's (BIBF) last year's financial statements, strategic initiatives as well as the proposed budget for…
UAE Central Bank inks MoU with Abu Dhabi Global Market
The Central Bank of the U.A.E. today signed a Memorandum of Understanding (MoU) with Abu Dhabi Global Market aimed at…