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Banks
Bahrain Islamic Bank Q1 Profit Registers BD 543, 000
Bahrain Islamic Bank’s board of directors has approved the Financial Statements for the period ended on 31 March…
Emirates NBD Q1 Income Falls 55%
Emirates NBD PJSC (EMIRATES), the United Arab Emirates’ biggest bank, said net income fell 55 percent in the…
UBE And SFD To Sign EGP 75 Mln Contracts
United Bank intends to sign three finance contracts with Social Fund for Development (SFD) with value of EGP 75…
BRICS Bank To Launch In S.Africa By 2013
A joint development bank planned by the BRICS group of major emerging economies will be officially launched in…
UNB Receives MRM Business Award
Union National Bank has won Mohammad Bin Rashid Al Maktoum Business Award in the finance category for the second…
Barclays Q1 Profit Surges 22%
Barclays (BARC.L) posted a 22 percent rise in first-quarter profit, ahead of market forecasts, as a strong rebound…
HSBC and Zurich sign 10-year exclusive distribution agreement for MENA
HSBC Middle East has entered a strategic partnership with Zurich and selected them as their exclusive partner for…
Kuwait’s Burgan Bank Q1 Profit Rises 48%
Kuwait’s Burgan Bank said its net profit in the first quarter of this year rose by 48% to KD17.5m, compared with…
EU To Reduce Bankers’ Bonuses
Bankers (SX7P) face a backlash from European Union lawmakers determined to cut their bonuses as part of a quest to…
IDBE Sells Real Estate Assets With EGP 5 Bln
Industrial Development and Workers Bank of Egypt (IDBE) said real estate assets portfolio that was transferred to…