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Union National Q1 profit rises 26%
Higher interest income and lower investment losses have helped Union National Bank to report a... Read full article »
Citigroup looking to expand into Saudi
Saudi billionaire Prince Alwaleed Bin Talal, a shareholder in Citigroup, has said that the New... Read full article »
Mashreq posts $68.3m Q1 profit
Mashreqbank said it recorded a net profit of Dhs251m ($68.3m) for the first quarter. The lender's... Read full article »
NBAD reports record Q1 profit
National Bank of Abu Dhabi said first-quarter profit surged to a record on higher interest income... Read full article »
Saudi bank to launch operations in Qatar
Samba Financial Group, Saudi Arabia's second-largest lender by market value, has announced the... Read full article »
Cairo-Amman Q1 profit up 35%
Jordan-based lender, Cairo-Amman Bank has said that its first quarter net profits rose by 35.6%... Read full article »
EFG receives Syria unit licence
Egypt-based EFG-Hermes has said that the Syrian authorities have issued investment banking... Read full article »
Emirates NBD Q1 net profit down 12%
Emirates NBD has reported a 12% decline in Q1 2010 net profit from the same period in 2009, to... Read full article »
Bank of Beirut may buy two banks, says chairman
The chairman of Bank of Beirut has said the bank may acquire by September two banks in Africa and... Read full article »
Gulf Bank Q1 profit falls 67%
Kuwait's Gulf Bank posted a 67% drop in first-quarter profit as the lender allocated most of its... Read full article »
Gulf International notes rated 'A'
The SR3.5bn unsecured unsubordinated floating-rate notes of Bahrain-based Gulf International Bank... Read full article »
DIB launches online investor platform
Dubai Islamic Bank (DIB) has announced the launch of a dedicated online investor relations... Read full article »
Lebanon's Bank Audi posts 31.6% net profit in Q1
Lebanon's Bank Audi has reported a 31.6% increase in net profit at to $80.2m in the first quarter... Read full article »
BankMuscat opens branch in Kuwait
Oman's BankMuscat has announced the opening of a new branch in Kuwait that aims to support... Read full article »
NBAD mulls buyback of bonds
The National Bank of Abu Dhabi has said it may buy back some of its bonds listed on the Abu Dhabi... Read full article »
