Real estate and tourism in focus for Dubai as it manages economy
Dubai is bringing more transparency to the way it is managing its economy, by forecasting growth not just for the…
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Arab National Bank reports a profit
According to a statement on Tadawul, Arab National Bank (ANB) recorded a net profit of SAR 1,617.1 million for the…
Emirates NBD debuts FaceBanking on online banking platform
Emirates NBD has launched FaceBanking, a first-to-market service that will offer the bank’s customers instant video and live chat with…
Egypt investment bank gets brokerage licence
Egypt-based investment bank EFG-Hermes has been licensed to operate a stockbroker unit in Kenya with an eye on an investment…
RAKBank Group posts profit for first half
The RAKBank Group announced on Monday a consolidated net profit of Dh381.5 million for the half year ended June 30.…
Saudi finance ministry says domestic sukuk program established
Saudi Arabia's ministry of finance said on Sunday it had established a program to issue local currency Islamic bonds, as…
ADIB Net Profit Increases By 14.1% in H1 2017 To AED 1,129.1 Million
Abu Dhabi Islamic Bank delivered a solid set of results with net profit for H1 2017 up 14.1% year-on- year…
Dubai economy well positioned for the future with growth to rise next year
Dubai’s economy is forecast to expand 3.6 per cent next year, compared with 2.9 per cent in 2016, as the…
Abu Dhabi Islamic Bank says second quarter profit rises 8.7 per cent
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, said its second-quarter net profit rose 8.7 per cent,…
Saudi's NCB Q2 net profit flat, operating income down
Saudi Arabia's National Commercial Bank, the kingdom's largest lender, reported a 0.9 percent dip in second-quarter net profit on Sunday…
BCG Expands its Roster of Middle East Partners to Bolster its Key Practice Areas in the Region
The Boston Consulting Group have announced the promotion of three of its Middle East Principals to Partners to bolster its…
Business confidence falls across the Middle East
Business confidence across the Middle East has fallen sharply in the last quarter and is now at its lowest level…