KIB Organizes Second Islamic Seminar During Ramadan
Kuwait International Bank (KIB) has recently organized an Islamic seminar for its employees by Dr. Khaled Al…
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Banks
Egypt Govt Invites IMF Officials To Resume Loan Talks
Egypt invited officials from the International Monetary Fund (IMF) to visit to resume talks on a $3.2 billion loan,…
Adib’s Launches Capital Protected Oil Note Iii
Abu Dhabi Islamic Bank , a top-tier Islamic financial services institution, today announced the launch of the third…
LGB Bank S.A.L. Brings Forward The Highly Rewarding ‘LGB Loyalty Card’
Lebanon and Gulf Bank s.a.l. announced the launch of its new Loyalty Card to its clients which rewards them with a…
New UAE Investment Fund Rules May Hit DIFC Firms
Analysts have said new investment fund rules introduced by the UAE's Securities and Commodities Authority (SCA)…
Kuwait International Bank Announces Increase In H1 Profits
Kuwait International Bank has said its net profits for the first half of 2012 rose to KD6m, compared with KD5.48m a…
Turkey Issues New Rules For Lira Reserves Held In Foreign Currency
Turkey’s central bank said banks must hold at least 50 percent of the foreign currency they deposit as reserves for…
NBD Posts EGP 179.4 Mln Net Loss In H1 2012
The National Bank for Development’s (NBD) consolidated results posted a post-tax net loss of EGP 179.427 million in…
Abu Dhabi Islamic Bank Net Profit Up 2.3 Per Cent
Abu Dhabi Islamic Bank (ADIB) said on Wednesday its net profit for the fiscal second quarter rose 2.3 per cent on…
French Bank BNP Paribas Hits Capital Goal Early
BNP Paribas, France's biggest listed bank, has hit a target to strengthen its capital base six months early as it…