Traders focus on banks and Aldar in Abu Dhabi stocks
The Abu Dhabi index jumped on Tuesday on the back of buying in shares of NBAD. Dubai index remained steady…
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Mashreq bank plants 50 Ghaf trees in UAE
One of the oldest banks in the UAE has planted 50 Ghaf trees to celebrate its 50th anniversary. The…
Insurance sector lifts Saudi bourse
The Tadawul All Share Index on Monday rose 0.1 percent as most insurance stocks were lifted by the exceptional financial…
UAE shares close higher
Shares in the UAE closed in positive territory on Tuesday on a day of mixed first-quarter earnings. Saudi shares…
Deutsche Hires Ex-CS Banker for Saudi Clients
Deutsche Bank has hired a veteran private banker to head its Swiss business with Saudi clients. The executive used to…
Turkey's Ziraat Bank markets 5-yr dollar bond in 5.5 percent area
Turkey's Ziraat Bank has given initial price guidance on a planned five-year U.S. dollar bond in the 5.5 percent area,…
Dubai's Sukuk issuances now highest in world at $53.31bln
Since Dubai first announced its intention to become the capital of the Islamic economy, much progress has been made. …
Kuwait Finance House Q1 profit up 13.2 pct as investment income surges
Kuwait Finance House posted a 13 percent rise in first quarter profit from a year earlier, due to a surge…
Gulf Royal-Backed Samena to Raise $700 Million
Samena Capital, an investment firm managing about $650 million, plans to raise as much as $700 million for a special…
Dubai Aims to Be a City Built on Blockchain
Dubai has grown from a tiny fishing village to a major trading hub by attracting businesses with near-zero taxes, advanced…
Masraf Al Rayan posts QR510mn Q1 net profit as core earnings surge
Masraf Al Rayan, a Shariah-compliant lender, has reported a net profit of QR510mn in the first three months of this…
UAE continues to be buoyant and lucrative, says Quilter Cheviot
Quilter Cheviot, part of Old Mutual Wealth, believes the UAE continues to be a buoyant and lucrative market for financial…