Abu Dhabi’s New $125 Billion Sovereign Fund Is Taking Shape
Abu Dhabi is close to finalizing the merger of two of its largest sovereign wealth funds -- Mubadala Development Co.…
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Dar Al Takaful swings to net profit in 2016
Dar Al Takaful said on Tuesday it swung into net profit in 2016. The insurance company said it reported a…
Gulf Bank concludes bankwide operational risk awareness training
Gulf Bank recently concluded ‘Operational Risk Training’ sessions for senior management at the Jumeirah Messilah Beach Hotel. The training…
Daimler to elect Kuwait wealth chief to its board
The supervisory board of Daimler has proposed the election of Bader Mohammad Al-Saad, managing director of the Kuwait Investment Authority,…
KFH partner of Kuwait Pharmaceutical Association awareness conference
Executive Manager Group Public Relations and Media at Kuwait Finance House, Yousef Abdullah Al-Ruwaieh affirmed the bank’s commitment towards optimally…
Oman Arab Bank participates in IIF MENA Financial Summit
Amin al Husseini, CEO of Oman Arab Bank, participated in a panel discussion on the ‘New Challenges Facing GCC Banks:…
Bank Sohar Names CFO and AGM of Compliance
Bank Sohar on Tuesday announced the appointment of Pieter De Witt as the bank’s new chief financial officer and Khalid…
Qatar has potential to lure up to $15bn funds inflows: Seetharaman
Qatar, which has potential for $10bn to $15bn overseas funds inflow since its upgrade into emerging market, like other Gulf…
Investing? Try GCC stock markets
A young population and high per-capita income coupled with key economic reforms in the UAE and Saudi Arabia make long-term…
Jordan Islamic Bank announces 2016 results
By the end of 2016, Jordan Islamic Bank a subsidiary of Al Baraka Banking Group achieved profits before tax in…
Banking System Employs AML, CFT Measures
Iranian banks are now able to employ all anti-money laundering measures and the framework for combating the financing of terrorism,…
UNB profits down 15% amid tighter liquidity
Union National Bank (UNB) reported on Tuesday Dh1.57 billion in net profit for the full year 2016, marking a 15…