financial services
Al Ramz Net Profit Jumps To AED 18.8mn In H1 2025
Middle East Business News - Published date: .
RAKBANK Posts Record Over AED 2bn Profits In 2024
Middle East Business News - Published date: .
Coronavirus, Low Oil Prices Set To Speed Up Gulf Bank Mergers
Middle East Business News - Published date: .
Moody's Investors Service says financial concerns in the region will play a larger role in encouraging deals Read more
Credit Agricole Exits Saudi Arabia With $386m Fransi Sale
Middle East Business News - Published date: .
About 48.3m shares were sold at 30 riyals each as the stock closed at 32.20 riyals on Sunday Read more
CEO Of UAE Digital Finance Firm Deem To Step Down
Middle East Business News - Published date: .
Chris J de Bruin informs board of directors of his plans to resign in order to 'pursue other endeavours' Read more
Bank Of Bahrain And Kuwait And Ithmaar Holdings To Discuss Acquisition Plans
Middle East Business News - Published date: .
BBK is exploring the possibility of acquiring the Bahrain operations of Ithmaar Bank Read more
State Street Opens Saudi Office As It Expands Into Middle East
Middle East Business News - Published date: .
The Boston-based financial-services firm is entering Saudi Arabia as part of its plans to boost its presence in the Midd... Read more
Emirates NBD In Talks To Buy Lebanese Bank's Egyptian Business
Middle East Business News - Published date: .
Discussions are ongoing and there is no certainty that a deal will be completed, Dubai-based Emirates NBD said Read more
Shuaa Capital Reports $72m Profit For Q2
Middle East Business News - Published date: .
Shuaa said its operating businesses, asset management and investment banking showed a strong recovery in profitability i... Read more
Byblos Bank Reports First Annual Loss Since 1963
Middle East Business News - Published date: .
'Dramatic factors' in Lebanon blamed for the $122m loss reported for 2019 Read more
First Abu Dhabi Bank Joins Middle East Lenders In Raising Provisions
Middle East Business News - Published date: .
Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more