UAE lender ADCB Q1 profit up 9%

The emirate's second-largest bank by assets made a net profit attributable to shareholders of AED1.21billion ($330million) in the three months to Mar 31.


CBD profit jumps 74.7% in Q1

"Disciplined execution of our plans resulted in lower operating cost, however, at the same time further enhancements were rolled out to our well recognised cash management and digital offerings," he said.


Remittance Payments Hit Record $466b in 2017

The global average cost of sending $200 was 7.1% in the first quarter of 2018, and sub-Saharan Africa remains the most expensive place to send money to, where the average cost is 9.4%.


Oxford honour for Doha Bank CEO

Citing a recent IEA survey of global carbon levels, he said global carbon dioxide emissions surged to record levels in 2017 after the landmark 2016 Paris climate agreement was signed.