Kuwait – Burgan Bank announces solid first half results
Burgan Bank Group (Burgan) announced today its H1'19 results, refl ecting the Bank's solid operating performance and its continued prudent…
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United Development Company signs agreement with QNB
United Development Company (UDC), has signed an agreement with QNB and The Commercial Bank (P.S.Q.C.) to finance the development of…
Investcorp adds Professor to International Advisory Board following Asian expansion
Investcorp has announced that Professor Frederick Ma Si-Hang, the former Chairman of MTR Corporation, has been appointed to its International…
Emirates Strategic Investments Company debuts $600mln sukuk
Emirates Strategic Investments Company (ESIC), owned by Sheikh Mansour Bin Zayed Al Nahyan, announced the launching of $600 million in…
Majority of investors changed portfolios during 2018 market volatility
The majority of investors globally made direct changes to the risk profile of their investments during the volatile final three…
QNB moves closer to full digitisation with contactless cards
QNB Group has launched full-fledged contactless cards on its credit, debit, and prepaid products portfolio, while it has been actively…
Al-Nahedh: KFH key component of Kuwait 2035 vision
Kuwait Finance House Group CEO, Mazin Saad AlNahedh said that the positive financial results and the operating profits stemmed from…
Zenith Bank introduces save4me – A high interest target savings account
The new product is designed to support flexible savings for predetermined purposes such as asset acquisition or even marriage and…
UAE is fastest growing eCommerce market in MENA, Dubai Economy-Visa report shows
The UAE is the most advanced eCommerce market in the Middle East and North Africa, according to a joint study…
GCC Equities Review: Inclusion stories drive Kuwait, Saudi markets higher
The stellar returns enjoyed by investors in equity markets in the United States during the first six months of this…
State fund sells Gulf Bank stake
Kuwait Investment Authority has sold a 16.1 percent stake in Gulf Bank to Alghanim Trading Co for KD 152.93 million…
CBK Gov. sees higher bank profitability amid economic improvement
Banks' profitability is likely to stay healthy on back of better economic conditions, marginally higher interest income, improved credit off-take,…