SIB’s 9-month net profits rise by 10.5 per cent
Sharjah Islamic Bank has posted Dh397.7 million net profits for the first nine months of 2018, up 10.5 per cent…
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New employee insurance scheme takes effect in UAE
Insurance policies will cost AED 60 annually per employee, and will be set up "electronically and instantaneously" when a new…
Aberdeen Standard Investments strengthens Middle East office by hiring Edris Alrafi
Aberdeen Standard Investments has announced the appointment of Edris Alrafi as Head of the Middle East and Africa With…
Enhancing Middle East trade through technology
The Middle East is increasingly embracing fintech. The number of fintech startups in the region is predicted to reach 250…
Riyad Bank's Q3 profit rises 8.2 pct, in line with forecasts
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted an 8.2 percent rise in third-quarter net profit on Thursday, in…
Doha Bank posts QR737mn profit
After taking significant loan loss provision in relation to the bank's overseas branches, Doha Bank posted a net profit of…
Unlike other millennials, young Emiratis want to buy a home first
Young UAE nationals seem to have a different mindset compared to millennials elsewhere, in terms of how they want to…
Julius Baer eyes acquisitions in Middle East and Africa as part of growth plans
Julius Baer, one of the top global private banks with more 400 billion Swiss francs ($404.8bn) of assets under management,…
Accelerating digital transformation in banking
Consumers around the globe expect their banks to act and interact more like top technology brands. Our latest global consumer…
Efma and Accenture Announce Winners of Distribution & Marketing Innovation Awards 2018
Eight banks from South America, Europe, Asia and the Middle East are winners of the sixth annual Efma-Accenture Distribution &…
Global wealth up 4.6% to US$317 trillion
Aggregate global wealth rose by $14.0 trillion (4.6%) to $317 trillion during the twelve months to mid-2018, outpacing population growth,…
Maples Fiduciary extends Middle East offering to Abu Dhabi Global Market
Maples Fiduciary, a provider of fiduciary, corporate formation and administration services to investment funds, partnerships, structured finance vehicles, corporate entities…