Middle East equities picking up
After a strong Q4 performance, we see near-term consolidation risks. However, we also see further upside beyond a potential…
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Preparing Middle East portfolios for a challenging 2017
A turbulent 12 months beckons given the uncertainty over Trump's policies, elections in key European countries and potentially slower growth…
Shariah-compliant pension schemes gaining popularity
New developments in Islamic finance abound since Shariah-compliant investment structures are now also entering the wealth and asset management segment. …
Kuwait International Bank's profit jumps 14 per cent in 2016
Financing income increased by 12 per cent reaching KWD 71 million, compared to KWD 63.2 million during 2015. Revenue…
Saudi telecom sector market hits SR180 billion
The volume of the telecom sector in the Kingdom is estimated at SR180 billion while capital investment is more than…
Qatar Insurance posts FY profit of 1.03 bln riyals
* FY net profit 1.03 billion riyals versus 1.04 billion riyals year ago * Board recommends FY cash dividend…
$75 billion India-UAE fund is a work in progress
The UAE and India held successful talks and signed 13 agreements on Wednesday. The deals were historic and India…
Banks Steal the Limelight on Biggest Firms Rankings
Industrial Management Institute has released the list of 500 largest Iranian companies, gauging them on the basis of their generated…
QIIB records QR1.7bn total revenue in 2016
Leading Islamic lender QIIB has recorded a total revenue of QR1.7bn for the full-year 2016. The bank’s net profit…
Mashreq Bank 2016 net profit at Dh1.9b
Mashreq Bank said on Wednesday net profit for 2016 fell to 1.9 billion, compared to the Dh2.4 billion recorded in…
Dubai Islamic Bank 2016 net profit rises 6%
Dubai Islamic Bank said on Wednesday its 2016 net profit rose 6 per cent, even as impairment losses declined. …
UAE crown prince to hold talks with PM Modi: 5 numbers that sum up ties between two nations
Mohammed Bin Zayed Al Nahyan, the crown prince of Abu Dhabi and the deputy supreme commander of the United Arab…