HSBC Bank Oman Q3 2013 net profit increases by 20.6%
HSBC Bank Oman S.A.O.G. announced a 20.6% growth in net profit to reach RO12.7m. Net interest income stood at RO36.0m…
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BMI Bank posts USD 2.34 million net profit for the first nine months of 2013
Bahraini retail and commercial banking institution, BMI Bank today reported a net profit of USD 2.34 million (BD 0.88 million)…
Taylor Wessing mulls triple Middle East opening to bolster presence in region
Firm names Saudi Arabia, Kuwait and Qatar as potential locations for local tie-ups Taylor Wessing is planning to dramatically increase…
Citi appoints Asian unit's Wadhwani to head EMEA consumer banking
Citigroup has appointed Anil Wadhwani, a veteran executive from its Asian business, to lead its consumer and commercial banking business…
Union National Bank 9-month profit down 1.8 pct
Operating profit for nine month period ended 30 September 2013 increased by 1.5% over prior period to reach AED 1,836…
EFG Hermes Asset Management Tops League Tables
EFG Hermes Asset Management's Egypt equity funds have topped league tables for two consecutive years. The consistent performance of both…
Dubai Investments PJSC reports 98% increase in Q3 profit
Dubai Investments PJSC], the largest investment company listed on the Dubai Financial Market has announced net profit of AED 161…
National Bank of Oman Chooses Paragon Application Systems
National Bank of Oman (NBO), one of the largest banks in the Sultanate of Oman, and Paragon Application Systems, a…
UAE’s Retail Banking Business Set Enter a Boom Period
Retail banking business in the UAE is entering a boom phase as the economy is doing well and consumption is…
Kuwait's Gulf Bank posts 2.4% rise in Q3 net profit
Kuwait's Gulf Bank posted a 2.4 percent rise in net profit in the third quarter, Reuters calculations showed on Thursday.…
NBO set to open branch in Dubai
National Bank of Oman is to spread its wings overseas and open a branch in Dubai in a month or…
Turkey's Islamic finance sector set for makeover -study
Turkey's Islamic finance industry is being reshaped as banks widen their product range and new competitors prepare to enter the…