Profit booking sees Index plunging 229 points
Severe profit booking pressure on Sunday led Qatar Stock Exchange open the week weak with its key index plunging 229…
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Qatar banking liquidity expected to improve further: QCB
Qatar";s banking sector liquidity is expected to further improve with the 'full implementation” of Basel III liquidity standards as well…
UAE banking sector profits expected to decline 10 to 20 per cent in 2016
The UAE’s banking sector is expected to face 10 to 20 per cent contraction in profits this year due to…
Blockchain to revolutionise UAE’s financial services
Blockchain technologies have the potential to revolutionise the rapidly growing financial services sector in the UAE and broader GCC region,…
UAE banking sector reports another soft quarter
The UAE banking sector reported another soft quarter with a general decline in earnings driven by higher credit costs, somewhat…
Qatari bank CBQ says to ask shareholders to approve 17 pct capital hike
Commercial Bank Of Qatar plans to convene its shareholders to seek approval to increase its capital, the Gulf state's third-largest…
Al Baraka Banking Group to expand network in Pakistan
The Bahrain-based Islamic bank expects final approval to incorporate its unit in Morocco next month. Bahrain-based Al Baraka Banking…
Mergers and acquisitions in Mena region touch $27b
As many as 55 mergers and acquisition deals, worth $26.6 billion, have been reported in the Middle East region so…
Jordan Looks to Reinvigorate Trading With a New Exchange
Jordan’s new OTC exchange is a by product of two sets of regulations enacted earlier this year the Regulating Directives…
Higher impairments squeeze Abu Dhabi lenders
Performance of leading Abu Dhabi based banks in the third quarter were clouded by the relatively higher cost of funds…
Trowers & Hamlins names new Mideast partner
International law firm Trowers & Hamlins said it has expanded its private wealth offering in the Middle East region with…
Iran, China set to boost banking coop.
CBI governor, while pointing to age-old ties between Iran and China, called for deeper banking relations as a prerequisite to…