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Saudi's Riyad Bank Q2 net profit down 26% on bad debt charges
(Reuters -19/07/2017)

Riyad Bank , Saudi Arabia's fourth-largest lender by assets, posted a 26 percent decline in second-quarter net profit on Wednesday,...

Saudi's Riyad Bank reports 10.8 pct profit fall but beats forecasts
(Reuters -17/04/2017)

Riyad Bank reported a 10.8 percent fall in first-quarter net profit on higher impairment charges but Saudi Arabia's fourth-largest...

Riyad Bank established "Riyad Financial Markets Ltd
(Tadawul -14/02/2017)

Riyad Bank announces the completion of the establishment of a special purpose company under the name of (Riyad Financial Markets...

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Commercial Bank of Qatar looks to Asian funding amid Arab boycott
(Reuters -25/09/2017)

Qatar's third-largest lender, Commercial Bank of Qatar (CBQ), is considering borrowing money on the Taiwanese bond market, its group...

ADGM Partners with ADIB to enhance Abu Dhabi’s fintech ecosystem
(CPI Financial -25/09/2017)

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today marked a new partnership with Abu Dhabi Islamic...

QIB named as safest Islamic bank in Qatar
(The Peninsula Qatar -25/09/2017)

Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank has been recognised by Global Finance as the safest Islamic Bank in Qatar...

Opec and Russia say global oil glut halfway cleared
(Bloomberg -23/09/2017)

Opec and Russia said they were about halfway toward clearing a global oil glut and urged fellow producers to stay focused and finish...

Saudi to introduce bankruptcy law early next year
(Trade Arabia -23/09/2017)

Saudi Arabia is set to introduce a bankruptcy law early next year as part of efforts to attract foreign investment and encourage...

Brand survey reveals loyalty levels among UAE banks
(Arab News -22/09/2017)

Emirates NBD inspires more customer loyalty than other UAE banks and has the highest trust levels in the country according to a...

Banque Saudi Fransi announces the Resignation of a Board Member
(Tadawul -21/09/2017)

Banque Saudi Fransi announces that BSF Board Member, Mr. Francois Jean MARION (non executive) has resigned from the Board of Directors...

Emirates NBD most trusted lender in UAE
(The National -21/09/2017)

Emirates NBD, Dubai’s biggest bank by assets, is the most trusted local lender in the UAE and has the most loyal customers, according...

CBB Sukuk Al-Salam Securities Subscribed by 100%
(Biz Bahrain -20/09/2017)

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, Sukuk Al-Salam, has...

Saudi Arabia Raises $1.9 Billion From Islamic Bond
(Bloomberg -19/09/2017)

Saudi Arabia raised 7 billion riyals ($1.9 billion) from domestic sukuk sales as the kingdom seeks to bolster finances amid an economic...

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