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…
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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…
Sharjah Islamic Bank reports Dh251.2m net profit in first half 2020
Sharjah Islamic Bank on Wednesday reported a net profit of Dh251.2 million for the first half of 2020, down by…
Saudi Arabia clarifies on income tax after finance minister's comment
Saudi Arabia has clarified that introducing an income tax is not under discussion. And that the subject has not been…
First Abu Dhabi Bank wins global tender to be Etihad partner
First Abu Dhabi Bank will be the card payment processing partner of Etihad Aviation Group, on both online and in-store…
Qatar- QIIB posts QR512.6mn half-yearly net profit assets top QR59bn
QIIB has posted a half-yearly net profit of QR512.6mn, up 0.4% on the same period last year. The results…
Qatar's capital market should encourage more primary issuances
A strategic document envisioned for broadening Qatar’s capital market has listed out a wide range of recommendations, including developing a…
Robust Finance Functions Key For Saudi Arabia’s Road To Recovery
Saudi Arabia’s financial institutions and government stretched out a helping hand to residents and business owners through numerous initiatives as…