Qatar’s Barwa Bank Posts QR244 Mln Net Profit In Q1
Qatari Barwa Bank Group recorded very strong growth in both balance sheet and profitability, with Net Income for…
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Visa Helps Bring you Egypt Today’s 52 Weekends Festival at Designopolis
Visa Egypt recently collaborated with Egypt Today on the ‘52 Weekends Festival’ held at Designopolis on Friday,…
Four Banks Likely To Issue US$ 1.5 Bln Sovereign Bond In Dubai
Dubai has mandated four banks for a sovereign bond issue of up to $1.5 billion which may be launched as early as…
UAE’s First Gulf Bank Posts 7% Increase In Q1 Net Profit
First Gulf Bank, Abu Dhabi's second-largest bank by market capitalization, posted a 7-percent rise in first-quarter…
NBE Settles Al Nasharty’s Debts After Acquiring Some Of Bankruptcy Assets
The National Bank of Egypt (NBE) approved in principle settling EGP 310 million debt of Amr Al Nasharty, chief of…
Omani Banks To Apply Basel III Next Year
Central Bank of Oman announced that ‘Basel III’ accord, the global regulatory standards on bank capital adequacy,…
Qatar Islamic Bank To Finance Middle East Dredging
Qatar Islamic Bank (QIB), one of the largest Islamic banks in Qatar and one of the top-five Shari'a-compliant banks…
UAE’s Bank of Sharjah To Cooperate With Commerzbank Group
Bank of Sharjah P.S.C. today announced that it has finalized and signed a cooperation agreement with Commerzbank…
Abou Al Naga Predicts An Increase In Egypt’s Foreign Reserves
Fayza Abou Al Naga, Minister of Planning and International Cooperation, affirmed that Egypt’s foreign reserves will…
Oman’s Bank Muscat Hosts Islamic Banking Seminar Today
Omani lender Bank Muscat is hosting a seminar on Islamic banking in Salalah today at the Ministry of Culture…