Al Baraka Bank Egypt wins quality award

Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group and its banking arm in the Egyptian market, announced the winning of the 'The Majestic Five Continents Award for Quality and Excellence' granted by the well-known Europea


Kuwait's Burgan Bank 2Q Net Profit Falls 10%

Kuwait's Burgan Bank a unit of Kuwait Projects Co., said its second-quarter net profit dropped 10% to 12.26 million Kuwaiti dinars ($43.1 million), from KWD13.62 million in the year earlier period.


CBK posts KD 7.8 million worth of net profit

Al Ebrahim said that the operating profit for the period is KD 50.8 million of which KD 42.6 million were used to enhance the existing provisions in the bank's records