ADCB joins Global Ecosystem of Financial institutions
Abu Dhabi Commercial Bank has partnered with Plug and Play to boost the lender’s digital transformation programs. In a…
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Domestic banks’ cross-border assets concentrate in Europe
Qatar banking sector’s assets outside the country grew after a considerable decline in 2017, in the aftermath of the blockade.…
DIFC launches employee savings scheme
Dubai International Financial Centre (DIFC) has launched a pension-style savings scheme for employees that will replace the end of service…
Ominvest profit rises 10%
Oman International Development and Investment Co (Ominvest) reported a more than 10 per cent growth in group net profit for…
Ithmaar Holding announces plans to voluntarily delist from Boursa Kuwait
Ithmaar Holding, Dubai Financial Market (DFM) and Boursa Kuwait, have announced plans to voluntarily delist from Boursa Kuwait, while maintaining…
UAE investors still the most bullish globally on economy and regional stocks
The majority of UAE investors are optimistic about their domestic economy as well as local and regional stocks, according to…
KIB achieves KD 2.34 billion net profits H1 2019
Kuwait International Bank announced Sunday that its total assets increased by KD 266 million to reach almost KD 2.34 billion,…
Rate cut to support credit growth across GCC
The recent interest rate cut by the Federal Reserve is expected to boost private sector credit growth and credit demand…
Global sukuk issuances up 5.5% in 2018
GLOBAL sukuk issuances in 2018 rose to US$123.2 billion (RM512.51 billion), up 5.5% from the primary market sukuk issuances of…
UAE Leads Deals In MENA Region With $14.1 Billion
Reports for investment in the Middle East and North Africa region reveal that the UAE received the highest inbound investment…
Credit Suisse hires Mizuho banker as Saudi Arabia CEO – sources
Credit Suisse has hired Khalid Al Ghamdi, currently managing director at Mizuho Saudi Arabia, as its new Saudi Arabia CEO,…
The Times view on Al Rayan bank: Finance for Fundamentalism
Britain’s economy is famously open to foreign direct investment. The Gulf state of Qatar is a particular beneficiary. A nation…