Lawyers Raise Prospect Of "Special Measures" Against Dubai As Dispute Over Frozen $500M Drags On
Lawyers acting for an investment firm trying to regain control of almost $500m that has been frozen in a Dubai…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47815 articles available
Emirates Islamic posts record $251m net profit
Emirates Islamic has announced a 32 percent jump in net profit to AED924 million ($251.5 million) for the fiscal year…
Boubyan Bank records net profit for year 2018
Al-Fulaij: 2018 Was An Outstanding Year in terms of Profitability and Growth in all the key Financial Indicators. This Highlights…
Sukuk issuance holds steady
The global sukuk issuance in 2019 will average between US$105 billion and US$115 billion, with tightening liquidity conditions worldwide, high…
Saudi Arabian General Investment Authority and Abu Dhabi Global Market form partnership
Saudi Arabian General Investment Authority the foreign investment promotion agency for the Kingdom and Abu Dhabi Global Market the International…
JPMorgan close to being hired for Saudi bank merger
National Commercial Bank is close to hiring JPMorgan Chase & Co. to advise on its merger with Riyad Bank that…
Saudi Arabia to hire HSBC banker to lead $11bn privatisation plans
Financial strains in Lebanon have been brought into focus by turbulence on markets where its dollar-denominated sovereign bonds suffered a…
UAE, Egypt accelerating cooperation
Dr Khaled Abdel Ghaffar, Egyptian Minister of Higher Education and Scientific Research, highlighted the growing relations between the UAE and…
Virtusa's open innovation platform powers open banking sandbox in Middle East
Virtusa had announced the successful implementation of the Middle East region’s first Open Banking Sandbox with Emirates NBD, a leading…
Millennials 'demand' corporate social responsibility, says Badr Jafar
Companies will increasingly be involved in ‘impact’ investing as they work to build loyalty among socially conscious millennial customers and…
NBK fourth quarter profit rises 17% beating analyst estimates on higher public spending
National Bank of Kuwait (NBK), Kuwait’s largest lender, posted a 17 per cent rise in fourth quarter net profit, boosted…
Qatar Islamic Bank Q4 profit rises 19 pct
Qatar Islamic Bank the Gulf state’s largest sharia-compliant lender by assets, reported a 19 percent rise in fourth-quarter net profit,…