HSBC UAE launches online trading platform for wealth clients
HSBC has launched a new online trading platform, enabling its retail customers in the UAE to trade shares and exchange…
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Al Salam Bank becomes first bank in Bahrain to complete customer handover of Deerat al Oyoun Villa under Mazaya Scheme
Customers will pay the first installment in January 2021 and benefit from a competitive annual profit rate of 4%. Customers…
S&P: Firms to delay investments
Gulf companies exposed to the the coronavirus disease (COVID-19) and weak oil prices may delay investments and keep costs down,…
Mideast sovereign investors hunt for bargains in Europe
Middle East sovereign investors have piled into European companies in the wake of the coronavirus disease (COVID-19) pandemic, according to…
Saudi financial services key to supporting economy, businesses: experts
The financial services sector in Saudi Arabia has been vital in supporting SMEs and the economy as the kingdom recovers…
Commercial Bank half-yearly net profit tops QR901mn
As a leading Qatari lender, Commercial Bank is committed to providing world-class solutions to the private sector while supporting the…
Qatar among top 10 emerging market sovereign issuers in H1: Moody's
In the first half of the year, Qatar sovereign issuances totalled $10bn; Qatar is currently rated ‘Aa3 stable’ by Moody’s…
Al Khaliji net profit rises 2.6% to QR361mn in H1
Al Khaliji Commercial Bank has posted a half-yearly net profit of QR361mn, it was announced yesterday. This represents an…
Abu Dhabi's NMC Health seeks another $250m in bank funds
Abu Dhabi-based NMC Health’s immediate future now hinges on whether it can raise a further $250 million in debt. …
UAE developer offers a way out for offplan buyers in distressed projects
A property company has stepped up with offers for buyers holding units in delayed or cancelled offplan projects in the…
Swiss Banks Accused in Kuwaiti Pension Scandal
Four Swiss wealth managers are in the crosshairs in a messy U.K. lawsuit involving the former head of Kuwait's social…
Qatar Fintech Hub Continues to Receive Applications, As Nation Prepares for Cashless, Knowledge-based Digital Economy, Banking Exec Confirms
The Qatar Development Bank (QDB), an institution offering financial services, banking and loans for the development of the Middle Eastern…