Global reports KWD5.8 million fee revenues and KWD895 thousand net profit in H1 2016
Global announced its financial results for the first half ended 30 June 2016 reporting fee revenues of KWD5.8 million and…
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Qatar auctions $825M in first domestic government bond this year
Qatar's central bank has hailed the auction three billion riyal in government bonds as a success, Reuters reports. "It…
Qatari bank with largest stake in UK broker Panmure Gordon to review portfolio after Brexit vote
Qatari investment bank QInvest, the largest shareholder in UK-based stockbroker Panmure Gordon, will be “carefully reviewing and stress-testing” its portfolio…
China’s ICBC boosts Saudi lending with $600mn Zain facility
China’s largest bank is boosting lending in Saudi Arabia, increasing its foothold in the biggest Arab economy as growth slows…
Developers seek foreign buyers for student housing
Builders shifting focus to investors, 2nd-property buyers, analysts says The Philippines is aggressively pitching condominium and dormitory-type hou-sing for…
Bank of Qatar Introduces Biometric Finger Vein Solution For Card-Less ATM Authentication
The regional leader in banking software solutions on Monday announced that Commercial Bank of Qatar, is the first bank in…
KAMCO logs KD 724,000 H1 profit – Revenue jumps 58 pct to KD 3.8 million
KAMCO Investment Company today reported its financial results for the first half ended June 30, 2016. The Company recorded…
Ahli United Bank Kuwait plans sukuk issue of up to $200 mln
Ahli United Bank Kuwait has obtained approval from Kuwait's central bank to issue capital-boosting sukuk worth up to $200 million,…
Mashreq Qatar is 'Best Consumer Digital Bank in Qatar 2016' for 8th consecutive year
Demonstrating its continued commitment to innovation in banking and the implementation of an integrated digital ecosystem for its customers, Mashreq…
UAE’s Dhabi Group appoints new chief executive
Dhabi Group has appointed a new chief executive to lead the diversified investment group, it said on Monday. Adeel Bajwa,…
Remittances Continue Slow Growth in June
Money sent home by overseas Filipinos continue to grow in June, but at a much slower pace than last year.…
Kuwait Finance House buys 300 NCR ATMs
Kuwait Finance House, announced that it has selected NCR Corporation , the global leader in omni-channel solutions, to replace its…