Barclays feared losing talent to US banks if it took 2008 bailout, court hears
Barclays feared that a government bailout in 2008 would prevent it from paying high salaries to staff and allow American…
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Gulf Air discusses business cooperation with Al Baraka Banking Group
CAPA News Briefs CAPA publishes more than 400 global News Briefs every weekday, covering all aspects of the aviation…
Dubai, Haven for Organized Crime?
Dubai, which has grown to be an important hub for private banks, still seems beset by corruption and organized crime.…
Balaji Vaidyanathan is Franklin Templeton’s Marketing Director for Central Eastern Europe, Middle East and Africa
Franklin Resources, Inc., operating as Franklin Templeton, has announced the appointment of Balaji Vaidyanathan as Marketing Director, Central Eastern Europe,…
Qatar-Germany bilateral ties gain momentum
The Sixth Session of Qatari-German Joint Commission on Economic, Trade and Technical cooperation began in Berlin to discuss the development…
UAE bank assets rise 1.2% in January: Central Bank
Assets of banks operating in the UAE increased 1.2% month-on-month by the end of January, the Central Bank of the…
Has VAT been a taxing experience?
The introduction of VAT is just one of the many fiscal strategies that will enable the UAE to achieve its…
Al Baraka Islamic Bank names alBarakat monthly winners
Al Baraka Islamic Bank has announced Ahmed Yusuf Abulfateh as the winner of BD 10,000 Grand Prize for the alBarakat…
UAE start-up makes insurance available to low-income groups
An insurance start-up in the UAE is working to disrupt the sector by digitising the insurance value chain to reach…
Ahli United Bank reports a 12.7% surge in 2018 net profit
Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 697.5 million for the year…
KIB awarded ‘Best Islamic Bank GCC’ for 3rd year in a row
For a third consecutive year, KIB garnered the ‘Best Islamic Bank GCC’ award for the year 2018 from World Finance;…
Burgan Bank reports record profits of KD 82.6m in FY 2018, growth of 26.6%
Burgan Bank Group reported its financial results for fiscal year 2018 with a strong growth of 10.8 percent in its…