Oman's Bank Dhofar CEO resigns amid merger talks
Bank Dhofar, the Omani lender planning to merge with smaller peer Bank Sohar, said on Sunday that its chief executive…
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Ahli Bank awarded "Retail Bank of the Year"
The prestigious Arabian Business Qatar Awards recognises and celebrates outstanding organizations who have delivered excellence throughout the year. The…
NBAD Strongest Balance Sheet in UAE
The Asian Banker magazine named the National Bank of Abu Dhabi the winner of "The Strongest Bank Balance Sheet in…
Bahrain's Arcapita eyes new investments after first Gulf Chapter 11
Bahrain-based Arcapita is aiming to build a new asset management firm with a debut local deal in the logistics, education…
Napier Park Global Capital opens office in DIFC
Napier Park Global Capital 'Napier Park', a global alternative asset management firm, announced today that it has expanded its business…
Bank Muscat wins Wells Fargo award for fund transfer
Bank Muscat, the flagship financial services provider in the Sultanate, has won an award from Wells Fargo bank for outstanding…
Al Baraka unit concludes $433m Murabaha deals
Al Baraka Banking Group announced that its Turkish subsidiary, Al Baraka Turk Participation Bank, had concluded a syndicated Sharia-compliant Murabaha…
CICI Bank's QFC branch gets 'Category 1 licence'
India's largest private bank ICICI was awarded the "Category 1 licence" for its QFC Branch in Doha by the Qatar…
Turkey tops the list of countries that bought more gold bullion
Turkey raised its gold reserves by the most in five months in August and topped the list of countries that…
Gulf bank loses private banking head
National Bank of Abu Dhabi, the UAE's top lender by market value, has hired a new head for its equities…
Turkey’s Aksoy Holding plans to sell a majority stake of TAIB Bank
Turkey’s Aksoy Holding plans to sell a majority stake of TAIB Bank, which it acquired from the Dubai Sheikh last…
Abu Dhabi fund Mubadala's H1 profit up 10.4pc on investment gains
Mubadala, the Abu Dhabi investment fund with a mandate to develop the emirate's local economy, on Thursday posted a 10.4…