All Articles

Investment Banking

Global signs agreement with Allfunds Bank to offer its clients access to 49,000 investment opportunities worldwide

October 17, 2016

Global Investment House a regional asset management & investment banking firm headquartered in Kuwait with offices in major capital markets…

Read More

Hedge Funds & Alternative Investments

Gulf Finance partners with SRB

October 17, 2016

Gulf Finance KSB has finalised a shariah advisory partnership with Shariyah Review Bureau to cover shariah board supervision for its…

Read More

Financial Results

Union National Bank 3Q Profit Drops 15% as Interest Income Falls

October 17, 2016

3Q net 410m dirhams vs 483m yr earlier, the lender says in statement to Abu Dhabi stock market. Mean est.…

Read More

Hedge Funds & Alternative Investments

Global signs agreement with Allfunds Bank

October 17, 2016

Allfunds Bank Group offers a Business to Business platform with integrated investment solutions.    Created in 2000 and owned in…

Read More

FinTech

Islamic Finance House in Temenos T24 core banking system upgrade

October 17, 2016

UAE-based Islamic Finance House has upgraded its core banking system to Temenos’ T24 R14 platform.   IFH has been using…

Read More

Financial Results

National Bank of Kuwait Q3 net profit rises 6.4 pct

October 17, 2016

National Bank of Kuwait, the Gulf Arab state's largest commercial lender, reported a 6.4 percent rise in third quarter net…

Read More

FinTech

ADIB Bank enters into a multi-year data centre co-location services agreement with du

October 17, 2016

UAE-based telecommunications service provider -‘du’, has been selected by Abu Dhabi Islamic Bank (ADIB) to deliver opex-driven co-location services in…

Read More

Financial Results

Emirates Islamic announces net profit of AED 106 million for 9M 2016

October 17, 2016

“Emirates Islamic’s results this quarter reflect the prudent provisioning and secure financial policies of the bank.   In light of…

Read More

Hedge Funds & Alternative Investments

Exclusive: Saudi Oger seeking buyers for $1 billion Arab Bank stake – sources

October 17, 2016

Saudi Oger has begun talks with potential buyers for its 20.93 percent stake in Arab Bank ARBK.AM in a deal…

Read More

Financial Results

Dubai lender Emirates NBD posts flat Q3 net profit

October 17, 2016

Dubai’s largest lender, Emirates NBD, reported a slightly lower than expected third quarter net profit as net interest income slipped…

Read More

Executive Moves

White & Case Elects 40 New Partners

October 17, 2016

White & Case LLP has promoted 40 lawyers around the world to its partnership.   The promotions are effective January…

Read More

Executive Moves

Withers grows Dubai team with addition of Ton van Doremalen

October 17, 2016

International law firm Withers has hired corporate tax specialist Ton van Doremalen as International Tax Director in its Dubai tax…

Read More