Foreign investments in Qatar rise
Foreign investments, including foreign direct investment (FDI) and portfolio investment, in Qatar amounted to QR722.6bn by the end of the…
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Commercial Bank Group’s half yearly net profit rises 9.2% to QR934mn
Commercial Bank Group posted a net profit of QR934mn in the first half of this year, up 9.2% on H1,…
Qatar’s banking sector maintains resilience, amid evolving regulatory landscape, technological changes: KPMG
KPMG has launched the inaugural edition of its annual ‘Qatar banking perspectives’ publication, examining key issues and trends in the…
UAE property: Abu Dhabi tenants happy to negotiate as residential rents soften
The Abu Dhabi real estate review issued by ValuStrat reported that the emirate's residential capital values in the second quarter…
Credit Suisse Poaches Goldman Rainmaker
Credit Suisse has hired Hazem Shawki, a Goldman Sachs banker, as its new head of its Middle East, Turkey and…
Dubai’s Amlak to restructure $1.2B by end of year
Dubai-based Islamic mortgage provider Amlak Finance PJSC made “significant progress” on securing new terms for $1.2 billion of debt and…
Robotics firm Automation Anywhere seeks to free Mideast workers from boring tasks
Automation Anywhere, the Softbank-backed US software company, opened its first Middle East headquarters in Dubai to help companies automate routine…
Turkey's new central banker maps out rate cuts
TURKEY'S new central bank governor ended days of silence since his surprise appointment by President Recep Tayyip Erdogan with a…
The Impact of Technology on the Delivery of Wealth Management in Asia
Damian Hitchen, CEO for the Middle East & Asia at Swissquote, is making a big push into the Asian wealth…
Dubai Islamic Bank Q2 profit jumps 14%
Dubai Islamic Bank has posted a 14 percent jump in its net profit for the second quarter of 2019 at…
Emirates NBD second quarter net profit surges 80% on income from unit IPO
Emirates NBD, Dubai’s largest lender by assets, reported a 80 per cent year-on-year rise in second quarter net profit, driven…
Emirates Islamic’s net profit at Dh673m
Emirates Islamic’s net profit for the first six months totalled Dh673 million, an increase of 39 per cent year-on-year. …