Emirates Investment Bank P.J.S.C. (EIBAN.DU)

Emirates Investment Bank reports financial results for the first nine months of 2019

Net profit reached AED 21.50 million for the nine-month period ended 30 September 2019

Emirates Investment Bank reports financial results for the second quarter of 2019

Q2 2019 net profit at AED 11.92 million, up by 0.9% compared to same period last year (Q2 2018: AED 11.81 million)

EIBank names Imad Bou Khouzam Interim CEO

Imad has been with EIBank as Chief Financial Officer since 2017, where he leads the finance, operations and IT departments

Gulf Capital acquires 70% of Medica

Gulf Capital is actively targeting investments in the fast-growing beauty and healthcare sectors

EIBank CEO Resigns

NBB introduces special offers in financing properties located in Diyar Al Muharraq

The new mortgage offer on lands and homes at Diyar Al Muharraq area will enable customers to receive extremely competitive interest rates starting from 4.75%, for up to 25 years and up to 90% of the property value

Bahrain's NBB unveils special finance scheme for Diyar Al Muharraq properties

The new mortgage offer on lands and homes at Diyar Al Muharraq area will enable customers to receive extremely competitive interest rates starting from 4.75%, for up to 25 years and up to 90% of the property value

Saudi Binladin International carries out largest debt restructuring in the region

As much as 75% of Binladin's debts are held by Saudi banks

Greece's Piraeus Bank launches 'Sunrise' loans for pandemic-hit hotels

Tourism accounts for about 20% of Greece's gross domestic product

Watchdog guidance to EU banks invalid, top EU court adviser says

BA says banks should still implement guidance

S&P 500, Dow hit record highs on bank earnings boost

Nine of the 11 S&P indexes were higher, with only the information technology and the energy indexes edging lower after outperforming in the previous session

Oil nudges down but secures weekly gain on recovery hopes

Brent crude settled down 17 cents, or 0.3%, at $66.77 a barrel

Emirates Gold Bullion Committee reviews fresh steps to bolster gold trading

The UAE Good Delivery Standard provides standards for creditworthiness, operational competency and appropriate production procedures, ensuring the manufacturing of high-quality gold

Dollar at 4-week low on retreating Treasury yields

The dollar index measuring the greenback against a basket of six currencies was 0.111% lower at 91.561

Sterling falls vs euro to 7-week low ahead of Scottish election

Versus a weakening dollar, the pound fell 0.2% to $1.3747