2009
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Union National Bank Q3 profit down 38%
UAE's state- controlled lender, Union National Bank has said its third-quarter profit had... Read full article »
Emirates NBD eyes more branches in Saudi
Sanjay Uppal, chief financial officer of Emirates NBD, said the Dubai-based lender is seeking to... Read full article »
Qatar to sell 379m Barclays shares
Qatar Holding, a unit of the Qatar Investment Authority, said today it plans to sell more than... Read full article »
Islamic Development Bank to hike lending
Saudi Arabia's Islamic Development Bank plans to increase its lending over the next three years... Read full article »
Qatar First Investment Bank buys 41% stake in engineering firm
Shariah-compliant investment lender, Qatar First Investment Bank, has announced it has acquired a... Read full article »
UAE buys all shares of Emirates Industrial Bank
The UAE's Ministry of Finance has announced that it has bought 49% of Emirates Industrial Bank... Read full article »
Al Salam Bank posts $12m profit in Q3
Bahrain-based Al Salam Bank has said its third quarter net profit declined by 35% to BD4.6m ($12.... Read full article »
Saudi Hollandi Bank Q3 profit falls 51%
Saudi Hollandi Bank has reported a 51% fall in third-quarter profit, Bloomberg has reported. Net... Read full article »
Al Rajhi Q3 profit rises
Al-Rajhi Bank, the largest lender in Saudi Arabia by market value, has said its third-quarter... Read full article »
NCB Q3 profits up
Saudi Arabia's largest bank by assets, National Commercial Bank (NCB) has said its third-quarter... Read full article »
BankMuscat posts profit figures
Oman's BankMuscat has reported a net profit of OR80.4m for the first nine months of 2009,... Read full article »
Standard Chartered ups Priority Banking services
Standard Chartered UAE has said the number of its Priority Banking relationship managers will be... Read full article »
Ithmaar to raise $500m capital
Bahrain-based investment bank Ithmaar, has announced plans to raise between $400m and $500m... Read full article »
CBD posts lower net profit in nine months
Commercial Bank of Dubai (CBD) has reported an increase of 6.6% operating profit for the first... Read full article »
Ithmaar to integrate Shamil retail wing
Ithmaar, Bahrain's third-largest Islamic bank by market value, has announced plans to integrate... Read full article »
