Kuwait Looks To Startups To Drive Growth As Oil Wealth Slows
The oil price volatility that started in the latter half of 2014 have been a wakeup call for the Gulf…
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DIFC and DIEDC set to launch Islamic FinTech initiatives
“With the global Muslim population expected to grow by 73 per cent between 2010 and 2050, there will undoubtedly be…
Major mergers and consolidation still elusive for Gulf banking sector
Big-ticket consolidation activity remains elusive for the Gulf banking sector despite this year’s merger of the UAE’s two biggest banks,…
Bahrain's Alba eyes expansion with $700m fund
The fund will be used to finance its Power Station 5 and Power Distribution System projects. The facilities comprise…
New requirements will not imperil offshore formation
Last month’s column on offshore companies led to a storm of requests seeking clarifications on a number of issues, particularly…
Jared Kreushner tried unsuccessfully to get a $500 bailout from Qatar
Top White House aide and President’s son-in-law Jared Kushner reportedly attempted to seek a half-billion dollar investment from an investor…
Quartet values US bid to resolve Qatar crisis
The United Arab Emirates, Kingdom of Saudi Arabia, Kingdom of Bahrain and Arab Republic of Egypt on Tuesday issued the…
US inks anti-terror deal with Qatar in press to end dispute
U.S. Secretary of State Rex Tillerson sealed a deal Tuesday to intensify Qatar's counterterrorism efforts, tackling a central issue in…
Boubyan Bank records KD 21.9m in net profits
Boubyan Bank has recorded a net profit growth of 16% in the First half of 2017. The bank’s net…
As crisis lingers QNB reports 3.6 per cent rise in second-quarter profit
Qatar National Bank, the country's largest lender, reported a 3.6 per cent rise in second quarter net profits yesterday, in…
Qatar National Bank profit rises on loan growth
Qatar National Bank QNBK the country's largest bank, on Tuesday said a rise in lending helped fuel a 7% increase…
Commercial Bank of Dubai’s ratings affirmed with a ‘Stable’ Outlook
The Bank’s good capital adequacy, liquidity and profitability parameters, as well as improving loan-loss reserve coverage are major factors supporting…