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Abu Dhabi, UAEWednesday 15 August 2018

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Showing 1 - 10 results of 655 for "Business/Banking"

Faisal Al Haimus, chairman of TBI. The Iraqi lender has postponed plans to buy a bank in Turkey on lira's plunge. Antonie Robertson/The National

Trade Bank of Iraq puts Turkish bank purchase plans on hold

Lender's chairman cites Turkey's currency fall of more than 40 per cent against the US dollar this year as reason for holding back

August 15, 2018
First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Commercial Bank and Dubai Islamic Bank posted a combined 21 per cent year-on-year increase in second quarter net profit to Dh8 billion. Chris Whiteoak / The National

UAE’s top-four banks to maintain stable profitability into 2019, report says

The lenders’ combined net profit in the second quarter rose 21% year-on-year

August 15, 2018
Wildcard makes use of mobile technology and is now larger than Deutsche Bank. AFP

German payments provider outgrows country's biggest bank

Wirecard, based in a the Munich suburb of Ascheim, overtook Deutsche Bank by market value on Monday

August 15, 2018
Arif Naqvi, the founder of private equity firm Abraaj Group, may have an international arrest warrant issued for him if a settlement isn't reached in a second bounced-cheque case. Bloomberg

Second bounced cheque case against Abraaj founder adjourned

The new case adjourned on Tuesday is the latest blow in a six-month saga involving Abraaj

August 14, 2018
Hisham Ahmed Al Rayes, chief executive of GFH, says second-quarter profit is boosted by strategic investment deals. Phil Weymouth forThe National 

Bahrain's GFH Q2 profit rises 19% on investment returns and lower expenses

Net profit attributable to shareholders in the three months ending June 30 reached $36m 

August 13, 2018
QNB owns Turkish lender Finansbank, which it bought for €2.7 billion in 2016 from National Bank of Greece. Ryan Carter / The National

Qatar National Bank sinks on Turkey exposure 

The lender owns Finansbank, the fifth largest privately owned bank by assets in Turkey

August 13, 2018
The Abu Dhabi stock market has had a strong 2018 amid higher oil prices and government stimulus. Christopher Pike / The National.

Abu Dhabi stock market at new highs as investor sentiment improves 

Banking and energy sector earnings for Q2 positively impacted by stronger oil prices 

August 10, 2018
Shuaa on Tuesday reported a 21% increase in its Q2 net income. Jaime Puebla / The National

Shuaa Capital's Q2 net income climbs 21% on Saudi and Egyptian operations 

Dubai-listed investment bank is preparing to seek shareholders approval for first dividend in a decade

August 7, 2018
French capital will host interdealer broker TP Icap after Britain leaves the EU. 

TP Icap, world's biggest interdealer broker, picks Paris post-Brexit

Investment banks' largest middleman decides French capital will be its European Union hub after UK leaves the bloc

August 7, 2018
Facebook is optimistic over its plan to engage lenders with its Messenger app. Bloomberg

Facebook shares up on progress with banks-Messenger push

Firm in talks as it tries to convince lenders over users' financial data security

August 7, 2018