Emirates NBD takes financial fitness to a new level
Emirates NBD Fitness account enables customers to earn interest of up to 2% p.a. on their savings based on the…
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For many Middle Eastern entrepreneurs, the first order of business starts offshore
When Uber and its Emirati competitor Careem entered Jordan in 2016, they provided welcome relief from the country’s taxi services,…
Foursan Group enlists SRB to manage PE fund
Foursan Group, a leading Mena private equity investor, has enlisted Shariyah Review Bureau for reviewing, certifying and supervising its private…
Top Saudi banks to protect profitability amid challenges
Saudi Arabia’s big-5 banks could face further profitability pressures as government tightens spending, however these banks will largely protect their…
GFH profit jumps fivefold to $62m in first half
GFH Financial Group reported on Sunday $62.1 million (Dh227.9 million) in net profit attributable to shareholders for the first half…
Ithmaar Bank sustains profits in first half ’17
ITHMAAR Bank B.S.C., a Bahrain-based Islamic retail bank and a wholly-owned subsidiary of Ithmaar Holding, reported Sunday a net profit…
Ahli United Bank appoints Tareq Muhmood as Senior Deputy CEO
Ahli United Bank has announced the appointment of Tareq Muhmood in the position of Senior Deputy CEO – Banking Group.…
Pakistani industrialists seek new trade ties
A delegation of Pakistani businessmen and industrialists is visiting Qatar to explore new grounds for building new trade partnerships while…
Saudi first half bank earning point to a resilient year ahead
Stronger than expected results in the second quarter of 2017 points to resilient performance of Saudi banks in second half…
Kuwait unlikely to issue decree of necessity to impose taxes
There are no indications that government will issue a decree of necessity to impose tax on citizens and expatriates, especially…
Saudi budget deficit halves as financial reforms kick in
Saudi Arabia’s budget deficit halved in the first six months of the year following sweeping spending cuts that form part…
Yemen central bank complains to Saudi-led coalition about cash deliveries
Yemen's central bank has complained to its allies in a Saudi-led military coalition about a lack of cash deliveries needed…