The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has started a promotion that allows NBAD cardholders to win sports utility vehicles (SUV) or luxury travel packages to one of the top destinations in the world. The NBAD Overseas

National Bank of Oman’s (NBO) Al Kanz Mega Draw of RO 500,000 was held recently during the bank’s Carnival, at the Muscat Grand Mall, in Al Ghubra. Chief Guest Shaikh Muhanaa al Maawali, Wali of Al Amerat, conducted the NBO Al Kanz Mega Draw in the

Arab National Bank (ANB) reported a net profit of $ 366.3 million for the first six months of 2012, compared to $ 342,4 million for the same period last year, an increase of 7.0 percent. Profits of the second quarter of 2012 reached $ 191.4 million

The Saudi British Bank (SABB) recorded a net profit of SR1,769m for the six months ended 30 June 2012. This is an increase of SR166m or 10.4% compared to SR1,603m for the same period in 2011. SABB recorded a net profit of SR915m for the three months

Qatar Islamic Bank (QIB) disclosed the semi annual financial statements for the period ending June 30, 2012. The reviewed financial statements for the period ending June 30, 2012 revealed a net profit of QR 736.9 million in comparisons to QR 703.2

Saudi Arabia’s Al Rajhi Bank posted a 13.6 percent rise in its second quarter net profit, helped by a 12.3 percent jump in operating income, it said in a statement posted on the bourse website Tuesday. The Kingdom’s biggest Islamic lender made SR2.1

Saudi Hollandi Bank posted a 26.2 percent increase in its second-quarter net profit due to higher operating income and lower costs, the firm said in a bourse statement Tuesday, beating analysts’ average forecast. Saudi Hollandi, the eighth-largest lender

The Saudi British Bank (SABB) recorded a net profit of SR 1.77 billion for the six months ended June 30, 2012. This is an increase of SR 166 million or 10.4 percent compared to SR 1.60 billion for the same period in 2011. SABB recorded a net profit of SR

Four major Saudi banks reported upbeat quarterly results yesterday, topping or meeting estimates, boosted by rising loan demand. Al-Rajhi Bank made a net profit of SR 2.1 billion in the three months ending June 30, up by 13.6 percent compared with the

Bank Albilad has announced net income for Q2 2012 of SAR 153.5 million compared to net income of SAR 81.7 million for the same period in 2011, an increase of 87.9 per cent, and compared to net income for Q1 2012 of SAR 511.5 million with a decrease of 70

Companies occasionally use famous songs in their TV commercials. Others sometimes modify the music of a popular song to create a jingle about their products. In either case, they aim to achieve one thing: enhanced consumer engagement. The popularity of

SABB and Haji Husein Alireza & Company Limited celebrated their 50th year of banking partnership during a commemorative event held recently at SABB’s head office in Riyadh. The function was attended by Ali Alireza, Managing Director of Haji Husein

Banque Saudi Fransi's (BSF's) net income during the first semester of 2012 amounted to SR 1.55 billion, an increase of 3.76 percent compared to SR 1.49 billion for the same period last year. Net Income for Q2 2012 amounted to SR 757 million, a decrease