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Bank Muscat's Q1 net tumbles 49%
Oman's largest bank by market value, Bank Muscat, has posted a 49% decline in Q1 net profit to... Read full article »
Saudi Hollandi Bank Q1 profit drops 19%
Saudi Hollandi Bank has reported a 19% decline in first-quarter profit on lower commission and... Read full article »
Saudi British Bank's Q1 profit falls 18%
The Saudi affiliate of HSBC Holdings, Saudi British Bank has said its Q1 profit had dropped 18%... Read full article »
Qatar's Masraf al Rayan posts $86m profit in Q1
Masraf al Rayan, Qatar's fourth-biggest lender by market value, has said its Q1 net profits rose... Read full article »
Kuwait Finance House gets buy back approval
Kuwait Finance House has said it had received the central bank's approval to buy back up to 10%... Read full article »
HSBC enters Kuwait retail banking market
HSBC has become the first international bank to enter the Kuwaiti retail banking market with the... Read full article »
National Bank of Bahrain's Q1 profit tops $35m
National Bank of Bahrain has reported a net profit of BD13.22m ($35.16m) for the first quarter of... Read full article »
Riyad Bank's Q1 net profit rises 55%
Saudi lender Riyad Bank has reported a 55% increase in Q1 net profit on lower operating costs and... Read full article »
Emirates NBD officials step down
Emirates NBD's head of retail banking Suvo Sarkar will leave the bank at the end of May,... Read full article »
Bank deposits in Jordan rise 2%
Total deposits at licensed banks in Jordan at the end of February increased 2% to JD20.7bn... Read full article »
Investment banking rebounds in Middle East in Q1
According to an analysis by Thomson Reuters, investment banking in the Middle East experienced a... Read full article »
Fitch downgrades Taib Bank to 'B+', negative outlook
Fitch Ratings has downgraded Bahrain-based Taib Bank's (TAIB) Long-term Issuer Default Rating (... Read full article »
Commercial Bank Kuwait elects new board
A new board for the Commercial Bank of Kuwait (CBK) has been elected by shareholders who also... Read full article »
Warba Bank registered on Kuwait Islamic bank list
As per a recommendation by Kuwait's finance minister, the central bank has said that it has... Read full article »
Kuwait Finance House in Canada real estate JV
Kuwait Finance House (KFH) has announced the formation of a joint venture with Canada's Killam... Read full article »
