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Mashreq Bank post 7.2% profit rise

UAE-based Mashreq Bank has reported a 7.2% increase in net profit for the first six months of... Read full article »
United Arab Emirates: Tuesday, July 24 - 2012 at 11:52

Bahrain National Insurance receives 'BBB' ratings from S&P

Standard & Poor's Ratings Services has affirmed its long-term counterparty credit and insurer... Read full article »
Bahrain: Tuesday, July 24 - 2012 at 11:52

Emirates NBD sees 13% profit dip in Q2

The UAE's largest bank by assets, Emirates NBD has posted a 13% decline in second-quarter profit,... Read full article »
United Arab Emirates: Tuesday, July 24 - 2012 at 11:51

BankDhofar posts OR19m profit

Oman's third largest bank by assets, BankDhofar has posted a net profit of OR19.46m for the six-... Read full article »
Oman: Monday, July 23 - 2012 at 11:06

UAE circulates amended 50 Dirham note

The UAE central bank has announced an amended Dhs50 currency note would be put in circulation... Read full article »
United Arab Emirates: Monday, July 23 - 2012 at 11:06

Sama issues rules for prepaid card services in Saudi Arabia

New rules have been issued by the Saudi Arabian Monetary Agency (Sama) for prepaid services in... Read full article »
Saudi Arabia: Monday, July 23 - 2012 at 11:05

Boubyan Bank posts 18% rise in net profit in H1

Kuwaiti lender Boubyan Bank has said its net profit for the first half of 2012 rose 18% to KD5.... Read full article »
Kuwait: Sunday, July 22 - 2012 at 09:28

Syrian banks could be running out of cash, says UN refugee agency

The UN refugee agency UNHCR has said Syrian banks may be running out of cash, Reuters has... Read full article »
Syria: Sunday, July 22 - 2012 at 09:26

India bars three Iranian banks

Three Iranian banks have been banned by India's home ministry from opening branches in the... Read full article »
Iran: Sunday, July 22 - 2012 at 09:24

Audi net profit increases in first six months of 2012

Lebanese lender, Bank Audi has posted a 27.7% jump in net profits in the first six months of 2012... Read full article »
Lebanon: Saturday, July 21 - 2012 at 12:33

NBK posts 17.6% net profit decrease

The National Bank of Kuwait (NBK) has posted a 17.6% decline in first-half net profit, as the... Read full article »
Kuwait: Thursday, July 19 - 2012 at 12:34

UAE central bank issues unified loan rules

The UAE central bank has issued unified forms for all types of bank loans covering personal... Read full article »
United Arab Emirates: Thursday, July 19 - 2012 at 12:33

Samba Financial Group to issue $0.21 dividend

Saudi Arabia's second-largest bank by market value, Samba Financial Group has said it will issue... Read full article »
Saudi Arabia: Thursday, July 19 - 2012 at 12:33

Lebanon's SGBL sees net profit grow 29%

Lebanese lender, Société Générale de Banque au Liban (SGBL) has reported a 29% increase in net... Read full article »
Lebanon: Thursday, July 19 - 2012 at 12:33

Qtel, Commercialbank forge mobile banking deal

Qatar's Commercialbank has signed an agreement with Qtel to enable the mobile subscribers make... Read full article »
Qatar: Wednesday, July 18 - 2012 at 10:33
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