2009
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Al-Jazira Q3 operating profit up 39%
Saudi Arabia-based Al-Jazira Bank has recorded a 14% rise in its third-quarter net profit to... Read full article »
Qatar Islamic Q3 profit falls 53%
Qatar Islamic Bank's (QIB) has said its third quarter net profit had dropped by 52.8% to QR187.... Read full article »
Samba's earnings beat expectations
Saudi Arabia's second-largest lender by market value, Samba Financial Group, has recorded a... Read full article »
Ajman Bank puts expansion on hold
The UAE's Ajman Bank has said it has postponed its retail expansion plans in the country but is... Read full article »
Saudi British Bank Q3 profit falls 20%
Saudi British Bank, 40% of which is owned by HSBC Holdings, has reported a 20% drop in third-... Read full article »
UAE banks $11bn short of liquidity, says Standard Chartered
The UAE's banks are short of as much as Dhs40bn ($11bn) of liquidity, Standard Chartered's Shayne... Read full article »
Arab National Bank records slight profit
Saudi Arabia-based Arab National Bank has recorded a 0.8% rise in third-quarter net profit after... Read full article »
ADIB says it has no need to up provisions
Abu Dhabi Islamic Bank has said it has taken adequate provisions against potential losses and has... Read full article »
Doha Bank waiting for economic rebound to expand
R. Seetharaman, CEO of Doha Bank, has said the lender is waiting for an upturn in the economy... Read full article »
Arabian Bank in Jaguar finance deal
Bahrain-based Arabian Bank Corporation (ABC) International Bank has announced the completion of a... Read full article »
National Bank of Bahrain profits up
The National Bank of Bahrain has recorded a net profit of BD36.95m ($98.27m) for the nine months... Read full article »
Unicorn eyes Dubai Group Bank Islam stake
Majid al-Sayed Bader al-Refai, chief executive of Bahrain's Unicorn Investment Bank has said that... Read full article »
Awal seeks US bankruptcy protection
Bahrain-based Awal Bank, which was put into administration by Bahrain's central bank in July, has... Read full article »
Saudi Fransi Q3 net profit down 1.9%
Banque Saudi Fransi, the Saudi affiliate of France's Calyon, has posted a 1.9% fall in third-... Read full article »
NBAD names S&P to maintain Islamic index
The National Bank of Abu Dhabi's (NBAD) Asset Management Group has appointed Standard and Poor's... Read full article »
