UNB Receives MRM Business Award
Union National Bank has won Mohammad Bin Rashid Al Maktoum Business Award in the finance category for the second…
Browsing Tag
Banks
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…
ERC Concludes Negotiations Over US$ 300 Mln Letters Of Credit Next Week
Egyptian Refining Company (ERC), subsidiary of Citadel Capital Company, will conclude the negotiations by next week…
AlexBank: Personal Loans Portfolio Reaches EGP 6 Bln
Alex Bank Intesa Sanpaolo said the personal loans registered 66% of the total retail banking portfolio that reached…
Qatar’s Masraf Al Rayan Net Profit Jumps 7.8% In Q1
Qatari lender Masraf Al Rayan posted a first quarter net profit of QR353mn, up 7.8% on the same period last year,…
Oman’s AhliBank Reports 47% Increase In Q1 Net Profit
Omani lender Ahlibank S.A.O.G. reported a 47 per cent increase to RO 5.92 million in net profit for the period…
UAE’s Mashreq Bank Q1 Profit Rises 2%
United Arab Emirates’ Mashreq Bank reported a 2 per cent increase in its net profit in the first quarter of 2012 to…
