Qatar Islamic Bank launches dedicated Ladies Banking facility
Qatar Islamic Bank has launched a new proposition specifically designed to cater to the financial needs of ladies in appreciation…
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Low oil price takes its toll on Saudi banks
Persistent decline in oil prices since mid-2014 is posing a new wave of challenges for Saudi Arabia’s banking sector which…
Abu Dhabi Commercial Bank Q3 net profit falls 17 pct
Abu Dhabi Commercial Bank posted a 17 percent fall in third-quarter profit on Sunday, missing analysts' forecasts. The emirate's…
Al Tamimi & Company takes home awards from International Financial Law Review
The Kuwait office of Al Tamimi & Company, the largest independent law firm in the Middle East, was recently awarded…
We're Doomed To Bankruptcy Unless Changes Made, Says Saudi Official
It’s common knowledge for anybody that follows international news that the more than two year long roil in global oil…
French bank sued over Gulf tycoon’s signature
A pair of aggressive American hedge funds is suing the French bank BNP Paribas, alleging that it botched a $650m…
UAE's Faisal Holding appoints Brett Schafer as Chief Executive Officer
Faisal Holding has announced the appointment of Mr. Brett Schafer in the role of Chief Executive Officer. As CEO…
Abu Dhabi Commercial Bank PJSC reports nine month 2016 net profit of AED 3.153 billion, third quarter 2016 net profit of aed 1.006 billion
Abu Dhabi Commercial Bank PJSC today reported its financial results for the nine month period ended 30 September 2016. …
Forgotten fees: the challenge of investing in Dubai property
Thousands of Dubai apartment owners are facing costly repair bills after failing to adequately contribute to maintenance and long-term reserve…
Windies bank on Dubai momentum
West Indies will be looking to draw confidence from their encouraging outing in last week's first Test and avoid yet…
GCC banks’ operating environment to generally improve in 2017, says BMI
GCC banking sector’s asset growth will lag the improvement in the economic cycle, and begin recovering from 2017 everywhere except…
Al Khaliji posts 9-month profit of $117m
Al Khalij Commercial Bank (al khaliji) P.Q.S.C., announced its financial results for the third quarter of 2016, reporting a Net…