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NBE Cancels Plan To Finance Fish Farms
The National Bank of Egypt (NBE) said it will not finance fish farms to avert possible problems in the future after…
Emirates NBD First Mideast Bank In China
EMIRATES NBD, a leading bank in the Middle East region, became the first Middle Eastern bank to extend operations…
HCT Partners With NBAD To Develop Banking Careers For UAE Nationals
The National Bank of Abu Dhabi (NBAD) , the Number One Bank in the UAE, has signed a Memorandum of Understanding…
Oman’s Bank Dhofar Q3 Profit Down 10.7%
Bank Dhofar, Oman's third-largest bank by market capitalization, posted a 10.7-percent drop in third-quarter net…
Commercial Bank Of Dubai Launches Updated Version Of Mortgage
Commercial Bank of Dubai (CBD) has launched an updated version of its mortgage loan solution, bolstered by a…
Foreign Loans Temporary Solution To Foreign Reserves’ Recovery: Bankers
A number of bankers stressed the importance of compensating the loss of foreign cash reserves. The international…
Misr Iran Development Bank’s LTD Ratio Hit 77% In September
Misr Iran Development Bank’s loan-to-deposit ratio stood at 77% at the end of last September as loan portfolio…
CBE Fixated Interest Rates On Modest GDP Growth, Declining Inflation
The Central Bank of Egypt’s (CBE) Monetary Policy Committee has kept overnight deposit and lending rates unchanged…
Citigroup Agreed To Carve Out Hedge Funds Before Pandit’s Exit
Citigroup Inc. (C) agreed to move a stable of internal hedge funds to an entity controlled by bank managers in a…
Qatar Islamic Bank Announces First Nine Months Net Profit Reaches QR1.13bn
Qatar Islamic Bank (QIB), the largest Islamic Bank in Qatar has announced the financial results for the nine months…