Top Official Of Emirates Islamic Bank & Dubai Bank Meets Corporate Banking Customers
Jamal Bin Ghalaita, Chief Executive Officer, Emirates Islamic Bank and Dubai Bank , met with key corporate banking…
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Dubai Islamic Bank Wins At ‘CCR Credit Excellence Awards’
Dubai Islamic Bank ( DIB ) announced today that its Retail Credit Department has won the "International Credit…
Citi Fined $2 Mln Over Facebook IPO, Fires Two Analysts
Citigroup fired its top Internet analyst, Mark Mahaney, and paid a $2 million fine to a Massachusetts regulator to…
ABC Islamic Bank Announces 75% Increase In Third Quarter Profit To US$2.8 Million
ABC Islamic Bank today announced that its net profit for the third quarter was US$2.8 million, 75% higher than…
NBAD Net Profit Jumps 9% To Dh 1.12b On Higher Revenues
The second biggest lender by assets, National Bank of Abu Dhabi 's profit soared nine per cent year-on-year to…
Saudi Banks’ Net Profits Jump 12.4% In 9 Months
From around SR24 billion in the first nine months of 2011, the aggregate net income of Saudi Arabia's 12 banks…
Sukuk Beats Conventional Bonds
Corporate and infrastructure issuers in the Gulf region may increasingly rely on sukuk, the Islamic equivalent of…
HSBC Bank Oman 9-Mth Profit Drops 4.2 Pct On Provisions
HSBC Bank Oman , formed earlier this year by a merger of HSBC's Oman unit and Oman International Bank , posted a…
Barclays Bank Egypt Appoints Edward Marks As Managing Director
Barclays Bank Egypt Board of Directors has announced the appointment of Edward Marks as Managing Director. With a…
Egypt Association Plans List Of Islamic Stocks
An Egyptian association plans to launch a list of sharia-compliant equities next week as part of its efforts to…