Banking & Finance
February 3, 2011
Led by strong revenue growth in its core banking operations, First Gulf Bank, one of the largest equity based banks in the UAE, recorded a net profit of AED3.420 billion for the year 2010.
February 2, 2011
Gulf Bank today announced a net profit of KD 19 million for 2010, compared to a loss of KD 28 million in 2009.
Dubai Islamic Bank (DIB) announced today the opening of two new branches, bringing the bank’s UAE-wide network to a total of 68 branches.
February 1, 2011
National Bank of Kuwait Group reported net profits of USD 1,075 million (KD 301.7 million) for 2010, up 14% compared to the previous year.
The Bahrain Financial Exchange (BFX), the Middle East and North Africa’s first ever multi-asset exchange, officially launched its operations yesterday, February 1st.
NBAD's branches in Egypt are currently closed in line with the Central Bank of Egypt instructions.
Mashreq, one of the leading UAE National financial institutions announced the opening of its representative office in Nepal.
January 31, 2011
RAKBANK has announced AED 1,002.75 million profit in 2010, an increase of 38.1% in net profit compared with AED 726.2 million for the previous year.
bu Dhabi Commercial Bank (ADCB) today announced the first 2011 winner of the Millionaire Destiny Savings Account (MDSA) Grand Prize draw.
The Middle Eastern Company for Trading and Investment has recently signed a cooperation agreement with Standard Chartered Bank.
According to Arab Bank Group's financial statements for the year ended 31/12/2010, Arab Bank Group’s net pretax and after provisions income amounted to $486.8 million.
January 30, 2011
Commercial Bank of Dubai (CBD) has announced a net profit of AED 821 Million for the year ended on December 31, 2010, up by 2.2% as compared to AED 803 Million for 2009.
Emirates NBD, a leading bank in the region, has been recognised as the largest financial services contributor to foreign direct investment (FDI) in Saudi Arabia in 2010
Abu Dhabi Commercial Bank (ADCB) partners with Abu Dhabi National Insurance Company (ADNIC) to provide new technological, internet banking and cash management solutions.
National Bank of Kuwait has recently conducted in-house dental checkups for all its employees, in corporation with Maidan Clinic.