Dubai Islamic Bank Q3 net profit falls 9.9 pct, meets estimates
Dubai Islamic Bank, the United Arab Emirates' largest sharia-compliant lender, on Monday posted a 9.9 percent drop in third-quarter net…
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Negotiations on for Bank Alkhair's acquisition: GFH
Gulf Finance House said on Monday the negotiations are underway for acquisition of Bank Alkhair of Bahrain. The due…
Indosuez Wealth Management appoints Global Head of Middle East
Indosuez Wealth Management, the global wealth management division of Crédit Agricole Group, announces the appointment of François R. Farjallah as…
Saudi record bond sale hands investors profit of $209mn
Investors who bought into Saudi Arabia";s record bond sale have made a profit of 209mn in just a day. …
€740m loan to support Egypt’s economy: European Investment Bank
Prime Minister Sherif Ismail and Minister of International Cooperation Sahar Nasr met with European Investment Bank vice president Dario Scannapieco…
QSE opens week on a flat note; index down for third session
Qatar Stock Exchange opened the week rather on a flat note; although gainers outnumbered losers by a narrow margin. …
Gulf Firms with Saudi outperforming on continued Optimism
Stock markets in the Gulf firmed in early trade on Sunday with one of the main property developers in Saudi…
Abu Dhabi Commercial Bank reports nine month net profit of AED 3.153bn
Abu Dhabi Commercial Bank, ADCB, today reported its financial results for the nine month period ended 30th September 2016. …
Rasmala Investment Bank Limited Resolves Compliance Concerns with the DFSA
The Dubai Financial Services Authority has accepted an Enforceable Undertaking from Rasmala Investment Bank Limited, a company incorporated in the…
Dubai-based Adeptio committed to takeover offer for Kuwait Food Co shares
Gulf investment group Adeptio plans to undertake a mandatory takeover offer of shares in Kuwait Food Co, it said in…
Kuwait: Kamco buys GE office tower in US
Kuwait based Kamco Investment Company said it has successfully acquired General Electric’s global operations centre, a 12-storey office tower located…
NBAD, FGB shareholders to meet Dec. 7 to approve UAE bank mega-merger
Shareholders of National Bank of Abu Dhabi and First Gulf Bank will both meet on Dec. 7 to approve the…