The National Bank of Bahrain (NBB) announced that it has recorded a net profit of BD 49.43 million ($ 131.46 million) for the nine months ended 30 September 2017 compared to BD 46.21 million ($ 122.90 million) for the corresponding period of the previous year, an increase of 7.0 percent.
During the nine months ended 30 September 2017, the bank achieved an operating profit of BD 55.77 million ($ 148.32 million), an increase of 11.3 percent over BD 50.13 million ($ 133.32 million) achieved during the corresponding period"...

(AETOS Wire)-- The fourth edition of the prestigious World Branding Awards saw 245 brands from 32 countries named “Brand of the Year” in a glittering ceremony held in the main entrance and Orangery at Kensington Palace today.

Global tier winners included Apple, Beijing Tong Ren Tang, BMW, Cartier, Club Med, Coca-Cola, Facebook, Google, Lego, L'Oréal, Louis Vuitton, McDonald's, Nescafé,"...

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2017, which is the highest in the history of QNB Group.

For the nine months ended 30 September 2017, net profit increased to QAR10.3 billion (USD2.8 billion), up by 6% compared to last year, demonstrating QNB Group’s"...

Bahrain’s banking sector is expected to remain sluggish into 2018 as challenging economic conditions limit growth, a report has warned.

Low oil prices and fiscal austerity measures are expected to weigh on business and consumer sentiment in Bahrain in the coming quarters, limiting credit demand and limiting asset growth in the sector, according to the study from BMI Research.

The"...

(AETOS Wire)-- American Express (NYSE:AXP) today announced the expansion of its signature airport lounge network, The Centurion Lounge, with two new locations in Hong Kong and Philadelphia International Airports. Hong Kong, which opens on October 2nd, marks the first Centurion lounge in Asia, and Philadelphia, opening in late October, marks the 8th U.S. location of this growing network of premium airport retreats.

“We"...

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on the successful sale of the German warehouse used as a spare parts storage and the distribution center by Volkswagen AG, Germany (“VW Property”).

The VW Property was acquired in December 2014"...

In exciting news for both financial institutions and their customers, Lebanon-based mobile development leader Eurisko Mobility recently announced the addition of Artificial Intelligence Bots to its Digital Experience Platform (DXP), a cutting-edge solution tailored for banks and financial institutions. Eurisko's fully customizable bots powers all DXP modules from Daily Banking and Personal Finance Management to Customer Relationship Management and Onboarding/Enrollment."...

Plus One Global, the Tokyo-based maker and seller of the FREETEL brand of budget smartphones, starts it’s sail in Egyptian Market in partnership with Egypt's largest smart phone distributor, MTI Group (www.mti-mmgroup.com), on a new voyage of global expansion that will include landings in 10 countries in the Middle East and Africa.

Plus One Global began as a startup in 2012, offering low-cost"...

(AETOS Wire)-- Triaconta wants to minimize the risks of investing in cryptocurrencies with Combicoin to make the cryptocurrency market accessible for a larger audience.

CombiCoin is 100% asset backed by the top 30 cryptocurrencies with the highest market cap. Because of this the CombiCoin will not suddenly plunge and investors will have less risks when there are major fluctuations.

There"...