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,…
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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…
Abu Dhabi Commercial Bank Q1 Net Profit Surges 38%
Abu Dhabi Commercial Bank (ADCB), the emirate's third-largest lender by market value, said its fiscal first quarter…
UAE’s NBAD Profit Reports 12% Growth In Q1
National Bank of Abu Dhabi (NBAD) posted a 12 per cent rise in quarterly profit, beating analysts' forecasts,…
Qatar National Bank Raises stake in Iarq’s Mansour Bank to 51%
Qatar National Bank (QNB) Group announced that it has obtained the approval of the Central Bank of Iraq to increase…
Byblos Bank Partners With American Express Middle East
Byblos Bank, one of the top three banks in Lebanon, and American Express Middle East (AEME) have announced a new…
EU Fund Outflow From S. Korea Records US$ 18.2 In 2011
European fund outflow from South Korea reached 18.2 billion U.S. dollars last year as debt problems in the euro…
Oman’s Bank Muscat Posts RO33.4 Mln Net Profit In Q1
Bank Muscat announced that its 2012 first-quarter financial results have been approved by the board of…
NBE Detects Three Credit Card Fraud Gangs
Retail Banking Fraud Detection Department at National Bank of Egypt (NBE) has detected an Egyptian criminal…