2007
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DIB profit up 86%
Dubai Islamic Bank has reported a net profit of Dhs1.9bn ($518m) for the first nine months of... Read full article »
Emirates NBD eyes mergers
Emirates NBD, the UAE's largest bank, plans to expand throughout the GCC and the Middle East via... Read full article »
Fire destroys 3 Sharjah factories
Three factories in Sharjah were destroyed by flames on Monday, reported Gulf News. Police said... Read full article »
UAE banks' assets hit Dhs1tr
The combined assets of banks operating in the UAE exceeded Dhs1 trillion (appr. $272bn) at the... Read full article »
Mashreq profit up 21%
Mashreq, the largest private bank in the UAE, has announced that its profit for the first nine... Read full article »
Global posts $221m in 9 months
Global Investment House announced its performance in three quarters of 2007 has recorded a net... Read full article »
QNB to hike capital by shares
Qatar National Bank's (QNB) Board of Directors has recommended to to increase QNB's capital... Read full article »
NBAD loans $288m to Etihad
National Bank of Abu Dhabi (NBAD) and Etihad Airways have signed a $288m loan agreement that will... Read full article »
Arab Banking Corp profit hikes 43%
Arab Banking Corporation (ABC) has made a net profit of $216m for the first 9 months, an increase... Read full article »
NBK to offer $ money market fund
National Bank of Kuwait is launching a new USD money market fund according to Islamic Shariah... Read full article »
Arab Bank nets $572m in 9 months
Arab Bank Group has announced it has made $753.4m in nine months, in profit before taxes and... Read full article »
BMB posts $16.9m income
BMB Investment Bank (BMB) reported a net income of $16.2m in first 9 months of 2007 compared to $... Read full article »
Dhs750m raised for Abu Dhabi F1
BNP Paribas, Mashreq Bank and HSBC banks successfully co-arranged a contractor financing of... Read full article »
New Saudi insurance offers 42%
Trade Union Cooperative Insurance Company, a recently licensed company in KSA announced it is... Read full article »
Rakbank profit rises 51%
The National Bank of Ras Al Khaimah (Rakbank) has reported a net profit of $80m for the nine... Read full article »
