The Dubai index jumped three per cent, hitting a two-month closing high of 3,942 points.
The lender made a net profit of OMR12.6 million in the three months to March 31.
The regulator penalised Deutsche Bank on finding “serious contraventions” in the lender’s Dubai operations.
Huda al-Lawati was previously a managing director at Abraaj, having joined the firm in 2004 as an analyst.
The bank made a net profit attributable to shareholders of Dhs816.7 million in the first quarter of 2015.
The company made a net profit of OMR3.83 million ($9.95 million) in the first quarter of 2015.
The company made a net profit of SAR265 million in 2014, according to a statement posted on the bourse website.
The lender made a net profit of SAR2.61 billion ($696 million) in the first quarter of 2015.
It is the seventh quarter in the last eight in which the firm has posted decreasing profits.
The centre is expected to facilitate greater cross-border renminbi investment and financing business and boost trade between China and the region.
The firm said in January that the cash would be used to fund the company’s general corporate needs, new developments and growth plans.
The bank made a profit of OMR43.3 million ($112.5 million) in the first quarter of 2015.
The Middle East currently accounts for 12 per cent of the bank’s global operations.
Noor Bank said its sukuk programme had been arranged by itself as well as Citigroup and Standard Chartered.
The company’s board said it would ask shareholders to vote on the matter, just a day after Bahrain’s Gulf Finance House said it was considering leaving the Kuwaiti bourse.
Net profit was $319.5 million in the first quarter of 2015, a statement said.
SWFs cut their international investment last year because of the plunge of oil prices, a report by CBRE said.
Qatar National Bank and Qatar International Islamic Bank have signed an MoU for the venture.
The lender chose Goldman Sachs, HSBC and Morgan Stanley to arrange investor meetings for the bonds.
The bank, an affiliate of HSBC Holdings, said it made SAR1.12 billion in the three months ending March 31.
The bank attributed its increase in net profit to higher total operating income.
Emiratis are the most likely to spend their bonus amounts while Indian expats are most likely to invest their bonus payments in a savings scheme, a new survey says.
The group is the franchise operator of clothing brand Mango and restaurant chains Papa Johns and Burger King in the Gulf.
A committee to oversee Islamic insurance is set to be established in the UAE by the end of this year to help standardise the sector.
Mubadala GE Capital was set up in 2009 as a 50:50 venture to invest globally in GE Capital-originated commercial finance assets.
The new African fund will focus on well-managed, mid-market firms in sectors most likely to benefit from demand driven by the rapid expansion of the middle class.
Trading in PetroRabigh was suspended by the Capital Market Authority on Sunday after the company did not commit to listing rules.
GFH did not give details of what its review would involve or say when it might be completed.
The company said that it will use the money raised to help fund its expansion.
The fund is seeking targets in Europe and the U.S., and select markets in the Far East, across multiple sectors including logistics and industrials.