01/10/2013

NBAD moves up ranking in Hawkamah Index

The National Bank of Abu Dhabi (NBAD), has improved its ranking moving up three places to third position in the S&P Hawkamah ESG Pan Arab Index, reflecting NBAD's strong environmental, social and corporate governance practices and its continued r

01/09/2013

Bahrain lender sells Ahli Bank stake to Qatar Foundation

Qatar Foundation, a non-profit organisation wholly-owned by the Qatar royal family and which focuses on developing the Gulf Arab state's education and science sectors, will now become Ahli Bank's largest shareholder, followed by the Qatar Invest

12/17/2012

Emirates NBD frontrunner to buy BNP Paribas' Egypt arm-sources

Emirates NBD ENBD.DU, Dubai's largest bank, has emerged as the frontrunner to buy BNP Paribas' (BNPP.PA) Egyptian retail business, three sources familiar with the matter said, in a deal likely to raise $400-500 million for the French lender.

12/04/2012

BBK launches Al Wajaha banking service

Al Wajaha customers will have access to dedicated relationship managers and the luxurious Majlis Al Wajaha, a comfortable and private in-branch service area exclusively dedicated to them.

11/28/2012

Growth prospects fuel Gulf banks' capital-raising push

The contrast means the Gulf banks are likely to be able to raise money cheaply and relatively easily, helping them compete as they move into markets overseas and challenge some of the big international institutions.