National Bank of Fujairah PSC's 2013 nine months net profit surges by 31.3%
Highlights: NBF recorded a net profit of AED 286.4 million compared to AED 218.1 million in the corresponding period…
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Bahrain cbank to issue Basel draft rules
The Central Bank of Bahrain will be issuing the first draft of rules on Basel III standards by early next…
Qatar tops average wealth per adult in Mena
Qatar recorded the highest average wealth per adult of $153,294 in mid-2013 in the Mena region, growing two per cent…
Dubai's ENBD plans Islamic SME products in Q4
Emirates NBD, Dubai's largest lender, plans to launch new Islamic lending products by the end of this year for corporate…
Average wealth in Oman climbs 2pc
The Credit Suisse Research Institute yesterday released its fourth annual Global Wealth Report 2013 which finds that from mid-2012 to…
Emirates NBD Misses Estimates as Bad Loan Provisions Climb
Emirates NBD PJSC, Dubai’s biggest bank, reported a 21 percent increase in third-quarter profit, missing analyst estimates, as provisions for…
HSBC Hired on Saudi Debt Deals as Bank Sees More IPOs
HSBC Holdings Plc, the Persian Gulf’s top bond underwriter, said it’s been hired on several debt and equity capital market…
Deutsche Bank names Co-Heads of Asset Management Coverage in MENA
Deutsche Bank announced today the appointment of Fahad Albader and Adel Dagher as Co-Heads of Asset Management Coverage for Deutsche…
International Islamic's assets grow by 34.8%
International Islamic recorded a net profit of QR568.4m at the end of the third quarter of 2013 (3Q13), up 7.1…
ADIB signs as major partner of Global Islamic Economic Summit in Dubai
Abu Dhabi Islamic Bank will be the main sponsor of the Global Islamic Economy Summit to be held in Dubai…
RakBank records AED 1.14 billion in profit for the first nine months of 2013
RakBank reported a net profit of AED 1.14 billion for the nine months ended 30 September 2013, reflecting a 9.6…
National Bank of Oman reports nine months net profit up two per cent
National Bank of Oman nine months net profit reached OMR 31.2 million. The bank reported net profit after tax on…