Dubai’s Emirates NBD reports 27% rise in first quarter net profit
Emirates NBD, Dubai’s biggest lender, reported a 27 per cent rise in first quarter net profit attributed to loan growth…
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QIB beefs up mobile app features
Qatar Islamic Bank has added new features to its innovative QIB mobile app to bring further convenience and personalised experience…
More Gulf region IPOs likely this year, says Abu Dhabi Financial Group CEO
There is a strong possibility that the Gulf region will see more IPOs this year, according to Jassim Alseddiqi, the…
$260bn investment needed to meet Mena electricity demand
The Arab Petroleum Investments Corporation, the multilateral development bank focused on the energy sector, forecasts that the Mena region will…
Kuwait Finance House Bahrain Hosts Annual Staff Gathering
Bahrain hosted its Annual Staff Meeting at Bahrain's Four Seasons Hotel. The event marked a successful year of accomplishments,…
Ahlibank net profit rises 3.6% to QR176.1mn in first quarter
Ahlibank has posted a first quarter (Q1) net profit of QR176.1mn, up 3.6% (QR6.1mn) on the same period in 2017. …
UAE Ministry of Economy Signs Strategic MoUs With 14 Government Entities
The UAE's Ministry of Economy has revealed the signing of a series of new strategic Memorandums of Understanding with 14…
Dubai-based firm launches commodities-backed cryptocurrency
Freedium, a company establishing a presence at the Dubai Multi Commodities Centre (DMCC) has announced the launch of the first…
Emirates Islamic Announces Q1 2018 Results
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its financial results for the quarter ending…
Monetary Deposits With Apex Bank Stood At AED55 bn In Q1
Monetary deposits at the UAE Central Bank stood at AED55.8 billion in the first quarter of 2018 while withdrawals reached…
Kuwait to cement commercial relations with US
Kuwait is ready to cement commercial relations with the US, the Kuwaiti Ministry of Commerce and Industry said on Tuesday.…
UAE cbank deposits reach $15 billion in Q1
Monetary deposits at the UAE Central Bank stood at Dh55.8 billion ($15.2 billion) in the first quarter of 2018 while…