Monday 25 May 2015
 
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banking

Al Baraka Banking Group reports $69m net profit

Al Baraka Banking Group (ABG), a Bahrain-based Islamic bank, has reported a three per cent increase in net profit at $69 million for the first quarter ended on March 31, when compared with $67 million for the same period last year.

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Barclays names chairman for EMEA banking operations

Leading financial service provider Barclays has promoted Makram Azar to chairman of banking for Europe, Middle East, and Africa (EMEA). In his expanded role, Makram will focus his efforts on strengthening senior client relations a

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Bahraini Women’s Day logo backs women in finance

The Central Bank of Bahrain (CBB) in co-operation with the Supreme Council for Women (SCW) yesterday launched the official logo for Bahraini Women's Day 2015. Each year, under the patronage of Her Royal Highness Princess Sabee

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Abu Dhabi banking explored in new OBG report

Abu Dhabi’s wide-ranging investment strategy and its part in driving corporate lending growth is put under the microscope in an economic report just released by the global publishing firm, Oxford Business Group (OBG). The Re

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Abu Dhabi banking explored in new OBG report

Abu Dhabi’s wide-ranging investment strategy and its part in driving corporate lending growth is put under the microscope in an economic report just released by the global publishing firm, Oxford Business Group (OBG). The Re

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Digital migration in focus at Dubai banking forum

The regional retail banking community will meet to tackle issues shaping the future of the industry, which is being led by technological innovation as the digital banking trend continues to dominate developments in the GCC. The an

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ADIB sheds light on investment trends at seminars

Abu Dhabi Islamic Bank’s (ADIB) Private Banking Group recently held a series of seminars for its high net worth customers in Abu Dhabi, Al Ain and Dubai, in line with its ongoing commitment to provide its customers with insights into regio

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Bank lending in Bahrain to pick up

Commercial bank lending in Bahrain is expected to pick up after a slump, and the plunge of oil prices is not hurting liquidity in the banking system, Bahrain's central bank governor Rasheed Al-Maraj said on Tuesday. Domestic a

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Fintellix targets GCC with key banking solutions

Fintellix, a leading compliance, risk and analytics products and solutions provider for the global financial sector, is planning to expand its geographic footprint to the GCC. Fintellix, formerly known as  iCreate, is operationalis

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New drive to promote Bahraini women in banking launched

The Central Bank of Bahrain (CBB) and the Supreme Council for Women (SCW) have in partnership with industry leaders announced a year-long campaign promoting women in the financial and banking sector. This follows a high-level meeting ye

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