All Articles

Awards and Recognition

Recognition of Gulf Bank’s digital innovation continues with two awards from World Finance

February 7, 2017

Recognition of Gulf Bank’s digital innovation continues with two awards from World Finance Magazine an international bi-monthly print and online…

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FinTech

Burgan Bank introduces new Visa Debit Cards to its Private and Premier

February 7, 2017

Burgan Bank, the second largest bank in Kuwait recently announced further expansion of its debit cards portfolio with the launch…

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Executive Moves

Gulf Bank announces Ahmad Al-Duwaisan as General Manager of Corporate Banking

February 7, 2017

In his new role, Al-Duwaisan will be managing Gulf Bank’s corporate banking division, and will be supporting senior management in…

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Hedge Funds & Alternative Investments

Last plot of land in Dubai's JBR to get $272m luxury tower

February 7, 2017

Dubai Properties on Sunday awarded the main construction contract for the $272 million (AED1 billion) 1/JBR, a 46-storey luxury tower…

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Hedge Funds & Alternative Investments

Credit insurer Coface expects easing in payment delays in Saudi Arabia

February 7, 2017

Payment delays in Saudi Arabia should ease gradually in 2017 after recent payouts by the government to companies, particularly builders,…

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Comment & Analysis

Saudi growth to accelerate to 1.8% in 2017

February 7, 2017

The GCC economies are forecast to recover in 2017, except Oman and Bahrain, from a sharp slowdown in 2016 amid…

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Financial Results

GFH reports 2016 financial results, makes new investments in emerging markets

February 6, 2017

GFH reports a major recoveries and a 20 per cent profit distribution as it plans to double shareholders equity with…

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Executive Moves

UAE banks NBAD, FGB appoint second-tier management ahead of merger

February 6, 2017

National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have picked the second level management team for the…

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Regulation, Risk & Compliance

QNB planning to open branches in Saudi and India in overseas push

February 6, 2017

Qatar’s largest public sector bank, is planning to open branches in Saudi Arabia and India this year as part of…

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New Investment Products & Services

Turkey Transfers Its Ziraat Bank, Istanbul Bourse, Botas Stakes To Wealth Fund

February 6, 2017

Turkey has transferred its stakes in Ziraat Bank, the Borsa Istanbul stock exchange and state-owned pipeline operator Botas, among others,…

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Financial Results

Gulf Finance House 2016 net profit jumps nearly 20 folds

February 6, 2017

Gulf Finance House on Sunday posted a solid set of fourth quarter and 2016 results, with net profit jumping to…

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FinTech

Emirates NBD launches data-driven CRM for staff

February 6, 2017

Emirates NBD, a leading bank in the region, is transforming the branch experience with the roll out of ‘Cockpit Application’,…

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