GFH posts net profit of $32 m in Q1 2017
GFH Financial Group has announced a net profit attributable to shareholders of $31.91 million for the first quarter of 2017…
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Qatar Investment Authority looking at passive investments
As a strategic decision, Qatar seems to have taken a decision not to tap the Qatar Investment Authority foreign assets. …
Qatar Development Bank honours Al Dhameen partner banks
Qatar Development Bank yesterday held an awards ceremony to recognise the contributions of participating banks that have supported the development…
Majority of UAE companies feel there is lack of transparency in traditional payment transfers
The value and volume of cross-border transactions globally are growing steadily at eight and 10 per cent, respectively, every year,…
Qatar plans new public private partnership law this year, private sector set to gain
Qatar is giving final touches to the new public private partnership (PPP) law, which will provide a sound legal framework…
$100 million Bahrain SME fund launched
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IDB Group, in partnership…
SunTrust Bank Nigeria and the Islamic Corporation for the Development of the Private Sector (ICD) ink agreement
The Islamic Corporation for the Development of the Private Sector (ICD), the private arm of Islamic Development Bank Group (IDBG),…
Burgan Bank Group announces 2017 first quarter earnings
Burgan Bank Group announced has its first quarter earnings of financial year 2017. The selective growth approach clubbed with the…
Barclays Sees Wealth Funds, Bank Mergers Driving Mideast Deals
Barclays Plc sees bank mergers and sovereign wealth funds’ technology investments driving Middle East dealmaking this year as the region…
Barclays Named 'Best Foreign Investment Bank' in the Middle East
In recognition of its continued leadership in the Investment Banking space, Barclays has been crowned ‘Best Foreign Investment Bank’ in…
Kuwait central bank opposes tax on expat remittance
Central Bank of Kuwait (CBK) Governor Dr Mohammad Al- Hashel said imposing taxes or fees on expatriates’ remittances is not…
Investcorp strengthens its presence in Saudi Arabia by appointing Gabriel Aractingi as its Saudi CEO
Investcorp, a global provider and manager of alternative investment products is further strengthening its presence in Saudi Arabia by appointing…