Doha Bank wins ‘Qatar Domestic Trade Finance Bank of the Year’ award
Doha Bank has won the “Qatar Domestic Trade Finance Bank of the Year” award at the “Asian Banking & Finance…
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Digital wallet: UAE bank allows customers to use mobile phones as credit, debit card
Given the number of banks who are eager to hand out credit or debit cards, more consumers are finding themselves…
UBP Undeterred by Oil Price Drop
The head of Union Bancaire Privee’s private bank says the Middle East is still rife for business despite a drop…
China set to choose yuan clearing bank for UAE by end of year
China's central bank is expected to pick a Chinese lender to clear yuan transactions in the United Arab Emirates by…
Forbes Middle East unveils the most promising startups in Egypt
Forbes Middle East has unveiled a new ranking revealing the most innovative new businesses in Egypt. The Top 20…
Ominvest Posts Group Net Profit of RO17MN
Oman International Development and Investment Co reported a group net profit of RO17.3mn for the six-month period ended June 30,…
Al Salam Bank-Bahrain reports H1 net profit down seven per cent
Al Salam Bank-Bahrain reported H1 net profit of BHD 8.38 million, down 7.2 per cent from BHD 9.034 million a…
Turkish Sovereign Wealth Fund expected to be among world top 20
While the establishment of the Turkish Sovereign Wealth Fund is still in progress, it is expected to be listed in…
Abu Dhabi's UNB said to be in talks about bond issue
Union National Bank, 50 percent owned by the Abu Dhabi government, is in talks with banks about issuing a potential…
Successful start-ups help QBIC generate QR6mn revenue
The Qatar Business Incubation Centre has generated nearly QR6mn in revenue from the QR1.9mn it has invested in “successful applicants,”…
Mideast Stocks-Qatar up on emerging fund inflows, Gulf slightly higher
Qatar's main stock index outperformed its peers in early trade on Tuesday as emerging market funds continue to hunt for…
Saudi Banks Seen Embracing Foreign Bonds to Ease Cash Crunch
Saudi Arabia’s banks may have an easy answer to the tightest liquidity conditions in the kingdom since 2008: International bond…