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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 »
UAE should ease lending ratios, says NBAD
Michael Tomalin, CEO of the National Bank of Abu Dhabi, has said the UAE central bank should... Read full article »
UAE banks have enough liquidity, says al-Suwaidi
Sultan bin Nasser al-Suwaidi, governor of the UAE central bank, has said the banking system in... Read full article »
Qatar National Bank Q1 profit rises 25%
Qatar National Bank has said its Q1 2010 profit rose 25% to QR1.27bn amid increased interest and... Read full article »
Kuwait's NBK eyes stake in Turkish bank
Ibrahim Dabdoub, CEO of The National Bank of Kuwait, has said the lender is considering buying a... Read full article »
UNB rolls out exclusive card for online shopping
UAE-based Union National Bank has announced the introduction of a new Internet card exclusively... Read full article »
Dubai Bank appoints new CEO
Dubai Bank has announced the appointment of Giel-Jan Van Der Tol as its new chief executive... Read full article »
Shuaa says Gulfinvest default will not have major impact
UAE-based Shuaa Capital said it doesn't expect major financial impact from Gulfinvest... Read full article »
