Bank ABC posts $183m net profit for 2016
Bank ABC (Arab Banking Corporation) has reported a consolidated Group net profit of $183 million for the year 2016, 2…
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Equitativa, Al Hamra and National Bonds launch the UAE’s first Residential REIT
Equitativa (AD) Limited has launched The Residential REIT (IC) Limited, one of the first Shari'ah compliant residential Real Estate Investment…
Commercial Bank of Dubai reports Q4 loss on bad debts and expenses
Commercial Bank of Dubai reported a decline in profit as higher provisions for bad debt and an increase in operating…
Easing liquidity conditions to reduce funding costs of Saudi banks
The consistent decline in Saudi Interbank offered rate is expected to bring down the overall funding costs of Saudi banks…
Warba Bank posts KD 2.5 mln in '16 net profits
Warba Bank posted on Saturday net profits worth KD 2.5 million during the year of 2016, marking a rise of…
New trends in luxury tourism emphasize unique experiences
Winds of change are sweeping through the GCC luxury tourism sector as traveller demands incline towards fresh perspectives centred on…
Middle East Investor Relations Association appoints new Qatar Chapter head
With over 25 years of experience in asset management, investment banking and capital markets and Fahmi Alghussein is credited with…
Countering financial crimes remains a top priority of UAE market regulators
The capital markets regulator said on Sunday that countering financial crimes remains a top priority of regulators, at the same…
A.M. Best affirms Qatar Islamic Insurance Company’s ratings
The ratings reflect QIIC’s track record of excellent operating performance, adequate combined risk-adjusted capitalisation (considering both shareholders’ and policyholders’ funds),…
Participating in the digital revolution is our obligation
One story has dominated our news feed and headlines since November last year. The anticipated launch of Noon.com, the…
Dubai launches new drive to become world's capital of Islamic economy
Dubai on Tuesday launched an updated strategy for 2017-2021 to establish the emirate as the capital of the Islamic economy.…
Global acquires the fourth property in the UK
With over 70 per cent of rental income being derived from the UK Government under triple net leases that are…