High demand for freehold at Dubai Property Festival
Several major deals were closed by the key participating players in the first two days of Dubai Property Festival (DPF),…
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Blue-chips lift Qatar, Banks boost Saudi
Qatar’s stock market rose on Wednesday, lifted by shareholder approval for an increase in foreign ownership limits at Qatar Fuel…
Qatar ‘Energy Bank’ is credit ‘positive’ for GCC, says Moody’s
Qatar’s proposed Shariah-principled Energy Bank is credit “positive” for Islamic finance in the Gulf Co-operation Council (GCC), according to Moody’s,…
Burgan Bank approves distribution of 12 fils cash dividend, 5% bonus shares
Burgan Bank held its ordinary annual general assembly meeting and Al-Shafafiyah Investors’ forum yesterday at the KIPCO Tower. The…
Dubai’s long-awaited stats show economic growth slowed below 2%
Investors got their first chance in months to size up how Dubai’s economy has fared during a downturn in its…
Turkey's Regulator to Probe JPMorgan (JPM) Post Lira Slump
Triggered by the continued decline in the value of lira, Turkey's banking regulator stated that it will conduct an inquiry…
Oman- Bank Nizwa plans to expand its branch network
Bank Nizwa CEO, Khalid al Kayed, said the bank currently operates 13 branches and soon another one will be opened,…
Qatar resists bank merger
Deutsche Bank is facing resistance from top Qatari shareholders to its planned merger with Commerzbank. The investors are concerned…
Impact of new reporting standards on Gulf banks has been 'manageable', says S&P
The impact of GCC banks adopting International Financial Reporting Standards 9 has been “manageable” in the year since they were…
Standard Chartered appoints new CEO in Oman
Standard Chartered Bank announced the appointment of Hussain Ghalib Al Yafai, as its new Chief Executive Officer in Oman, effective…
Middle East's first financial advisory aggregator website, connecting consumers and financial advisers, launched
Insight Discovery has announced the launch of its end-to-end financial advisory aggregator website www.whichfinancialadviser.com. The aggregator website, the first…
Cyber insurance relevance increasing: DIG president
The relevance of cyber insurance is increasing as major companies around the world face huge Internet-based risks, says Doha Insurance…