Discount Bank 2016 profit up 21% to NIS 961m
Israel Discount Bank reported a net profit of NIS 905 million for 2016 today, 21% more than in 2015. …
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47780 articles available
US's Citi bank applies for capital markets licence in Saudi Arabia- sources
Citigroup has formally applied for a licence to conduct capital markets business in Saudi Arabia, two sources familiar with the…
Ezz Al-Arab named chairperson of FEB for three more years
The board of directors of the Federation of Egyptian Banks chose Hisham Ezz Al-Arab for the chairmanship of the federation…
Abu Dhabi Fund Loses Crisis-Related Arbitration Against Citigroup
Citigroup Inc. has prevailed in the latest arbitration pursued by Abu Dhabi Investment Authority over the sovereign wealth fund’s $7.5…
Cyprus property opens avenues to EU residency
Known as a favourite tourist destination with its idyllic beaches and crystal-clear Mediterranean waters, Cyprus has also attracted attention for…
Fidelity launches real estate investment vehicle for Saudi's NCB Capital
Fund firm Fidelity International said on Tuesday it had partnered with NCB Capital, the investment arm of Saudi Arabia's largest…
Santander Brasil slumps as Qatar fund seeks partial exit
Shares in Banco Santander Brasil SA fell the most in intraday trading in almost four months on Tuesday after Qatar's…
GCC Banks’ revenue growth rate dived to low single-digit and profits shrunk in 2016
The impact of the decline in oil prices has hit the banking industry. Due to a severe increase in…
Kuwait's trade surplus narrows
Kuwait’s trade surplus retreated to an 11year low of KD 4.7 billion (USD 15 billion) in 2016 or 14 percent…
Qatar to invest 5bn pounds in UK over 35 years
The energy-rich nation of Qatar says it plans to invest 5 billion pounds in the British economy within the next…
Takaful Oman set to launch the country’s first automated insurance machine
Takaful Oman, the Sultanate’s pioneering Takaful insurance firm, will soon introduce Automated Insurance Machines as part of an innovative move.…
Axis Bank to raise funds from Dubai
The board of directors of Axis Bank have passed a resolution approving the allotment of 3-year Senior Floating Rate Notes…