SGBL goes digital with Backbase
Société Générale de Banque au Liban has partnered with Backbase to deliver an entirely new experience to its customers. …
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Burgan Bank 2017 income tops $214m
Kuwait-based Burgan Bank has posted a net income of KD65.2million ($214.9 million) for the year 2017. Earnings per share reached…
Kuwait pledges $2 billion in loans, investment for Iraq reconstruction
Kuwaiti Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah has pledged $1 billion in loans and $1 billion in direct investments to…
KFH reaps 28 renowned international awards in 2017
Kuwait Finance House continued its outstanding performance in all indicators and bagged 28 renowned international awards in 2017 at the…
Arqaam Capital maintains buy rating and take profit call for Mazaya
Arqaam Capital expects great potential for investment in the Boursa Kuwait-listed Al Mazaya Holding stocks as the investment bank has…
Dubai finds solution to bitcoin hacking – the most protected vault in the world
Last month, hackers stole about $530 million from the Tokyo-based exchange Coincheck Inc. The heist exposed flaws in Japan’s…
Azerbaijan’s PASHA Bank intends to increase its share in Turkey’s market
Fitch Ratings has affirmed Turkey-based Pasha Yatirim Bankasi A.S.'s National Long-Term Rating at 'BBB+(tur)', which is a subsidiary of Azerbaijan’s…
War-battered Iraq says it’s ‘open for investors’
War-battered Iraq sought yesterday to attract international investors to rebuild the country, offering hundreds of projects and touting extensive legal…
Chief executive of Saudi-based ICD departs
The chief executive of the Islamic Corporation for the Development of the Private Sector has stepped down after a decade…
Saudi Riyad Bank's Q4 profit up on lower impairment charges
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted a huge rise in fourth-quarter net profit on Tuesday, beating analysts’…
UAE banks eye end to $22 billion Saudi debt saga
Banks in the United Arab Emirates are hopeful of recovering some funds in 2018 from the multibillion-dollar collapse of Saudi…
Dubai court can hear case against Deloitte unit after collapse of Hezbollah-linked bank
A Dubai court could hear evidence relating to the alleged role of auditor Deloitte & Touche in the collapse of…