Burgan Bank 2011 net profit KD 50.6 mln
Burgan Bank Group announced today significantly improved financial results for the year ended Dec 31, 2011. The group posted KD…
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Emirates NBD plans issue of 'dim-sum' bond
Dubai Emirates NBD, the largest bank in the UAE by assets, said Monday that it has mandated Emirates NBD Capital…
Swiss Re applies for DIFC licence
Swiss Re has applied for a Dubai licence, Mena Insurance Review can exclusively reveal. This will be a first for…
Islamic wealth industry grew 15pc-20pc over the past decade
KFH-Research prepared a report about Islamic wealth management industry around the world. It stated that this industry has great growth…
Emirates NBD paid Dh10 to take on Dubai Bank
Emirates NBD paid just Dh10 to acquire Dubai Bank, the Islamic lender that was rescued by the Government last year.…
Al Hilal Bank unveils first sukuk fund
Al Hilal Bank has announced the launch of its first sukuk fund -- the Al Hilal Global Sukuk Fund --…
Talking Turkey is proving difficult for Qatar National Bank
Qatar National Bank's talks to acquire Denizbank, the Turkish lender put up for sale by Dexia, are stalled over price…
Burgan unveils new premier banking identity
Kuwait-based Burgan Bank has re-launched its premier banking segment proposition with a new identity and unique value-added features to provide customers…
Major Bahraini banks partner with AFS for 3D Secure Services
Bahraini Saudi and Al Salam Bank Bahrain, Al Salam Group is a pioneering Bank in the region and have constantly…
GIB net income soars to $104m
Bahrain-based Gulf International Bank (GIB) said it has recorded a consolidated net income after tax of $104.5 million for the…
HSBC wins top awards
HSBC Middle East payments and cash management business has been awarded Best Overall Bank for Cash Management and Best Bank…
IBQ Wins the 'Best Private Banking Services in Qatar'
IBQ was recognized for 2012 Best Private Banking Services in Qatar for High Net Worth services by UK's Euromoney Magazine.…