Winners of the 2020 Middle East Stevie® Awards Announced
The 2020 Middle East Stevie Awards have recognized organizations in 12 markets including Bahrain, Egypt, India, Iraq, Jordan, Kuwait, Oman,…
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Experts to take part in 6th Doha Islamic Finance Conference
Islamic finance experts will assemble in Doha next week to discuss innovation and artificial intelligence, the new sectors of finance…
Commercial Bank of Kuwait incurred loss in Q4
The Commercial Bank of Kuwait (CBK) did not register any profits during fiscal year 2019 when compared to profits of…
Bank ABC Islamic announces 16.5% increase in 2019 year-end net profit to US$37.3 million
Bank ABC Islamic has announced its financial results for the year ending 31 December 2019, which recorded net profit of…
UAE regulator to investigate Pakistan bank for money laundering
The United Arab Emirates’ central bank is investigating Pakistan’s largest bank to ascertain if it violated anti-money- laundering and terrorism-financing…
Debt-ridden Lebanon to invite 8 firms to bid to be financial adviser
Lebanon will invite eight firms to bid to be its financial adviser as it studies all options on its sovereign…
Qatar shares edge up on foreign institutions
The increased buying interests of foreign institutions and substantially weakened selling pressure from local retail investors on Tuesday lifted the…
Islamic Development Bank trims price guidance for 5-year sukuk – document
Saudi Arabia-based Islamic Development Bank has revised the price guidance for its five-year dollar sukuk issue to 40-43 basis points…
Middle East investors continue to look to UK regions
The UK regions, including Birmingham, Bristol, Liverpool Edinburgh and Glasgow were the preferred destinations for Middle Eastern capital in 2019,…
Revealed: Dubai's best locations for high rental yields
Dubai’s International City is one of the top areas to watch for buy-to-let landlords who are looking for high returns…
Kuwait posts $7.52bln deficit in period April 2019-January 2020
Kuwait posted a deficit of 2.3 billion Kuwaiti dinars ($7.52 billion) in the period from April 1 to the end…
The future is here: Using cryptocurrency to buy real estate in Dubai
Paying for real estate using cryptocurrency is becoming increasingly accepted by real estate development companies in Dubai and other emirates.…