NBB net profits widen to $54.3 million for the first quarter of 2019
NATIONAL Bank of Bahrain on Wednesday announced a net profit of BHD20.4 million ($ 54.3 million) for the first quarter…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47807 articles available
Chinese tech investors turn attention to GCC
With the potential opportunities for tech innvestments in Southeast Asia market starting to become saturated, a number of Chinese investors…
Central Bank of Oman issues bank resolution framework
The Central Bank of Oman has issued Bank Resolution Framework for Oman, which spells out the recovery and resolution regime…
Kuwait further hikes healthcare fees for expats
Expatriates will now have to pay a feee of KD10 ($33) when getting medical treatment at a polyclinic, Kuwait’s health…
Turkey's last-resort lending facility tapped, funding costs rise
An unnamed bank or banks resorted to borrowing at the Turkish central bank’s expensive “lender of last resort” facility on…
The Commercial Bank announces net profit for the Quarter ended 31 March 2019
The Commercial Bank has announced its financial results for the quarter ended 31 March 2019. The Group reported a net…
Saudi Arabia’s war against hackers
Saudi Arabia is the target of the highest number of cyberattacks in the Middle East, with over 160,000 hitting servers…
Oman's Ahli Bank reports higher first quarter earnings, in line with estimates
Oman’s Ahli Bank reported a rise in first quarter (Q1) net profit, pushing the bank’s shares higher on Tuesday. …
Kuwait CMA and CISI announce enhanced qualifications pathway for capital market practitioners
The Capital Markets Authority has announced the start of the awareness campaign to launch Qualifications Examinations Project for Registered Employment…
Maples Group Advises On Largest Tech Acquisition Deal In UAE
The Maples Group is advising Careem Inc. on the sale of substantially all of its business to a subsidiary of…
Dubai Islamic Economy Development Centre signs agreement with Hong Kong Trade Development Council
Dubai Islamic Economy Development Centre signed a memorandum of understanding with the Hong Kong Trade Development Council to exchange knowledge,…
Highest-ever growth: Emirates Islamic Q1 profit surges 97%
Emirates Islamic on Wednesday reported 97 per cent year-on-year growth in first-quarter net profit due to increase in core business.…