Dubai Islamic Bank keeps up to guidance and expectations despite tough operating conditions
Dubai Islamic Bank is one of the few UAE banks that continue to report strong profits despite the squeeze on…
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Abu Dhabi and Dubai markets up in early trade
Arabian Gulf stocks rose, led by indexes in Dubai and Saudi Arabia, tracking gains across emerging markets as Brent crude…
UAE recorded with highest percentage of millionaires in the Gulf
According to Spear’s Magazine and leading wealth consultancy company WealthInsight, the United Arab Emirates is the leading country in the…
Bahrain's Al Baraka Banking Group Q2 net profit dips 2.8 pct
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that its achieved a noticeable increase in…
ADIB revamps internet banking to create enhanced digital experience for its customers
Abu Dhabi Islamic Bank has launched a new version of its internet banking platform to create a more convenient customer…
Doha has highest density of millionaires in the Middle East
Doha has the highest density of millionaire in the Middle East, according to a new report. The Qatari capital has…
UAE rents, school fees put pressure on expats
Although residential rents may have eased amid a slowdown in the real estate market, the overall cost of living in…
Slowing credit growth and interest margins takes toll on bank profits
The first half results of the UAE banks have reinforced the view that the asset growth, profitability, liquidity and credit…
NBAD-FGB merger: Bigger is not necessarily better
After several weeks of anticipation, the merger between National Bank of Abu Dhabi and First Gulf Bank was announced last…
Weak pound creates bargain London property deals for Gulf buyers
Arabian Gulf property investors have begun bargain hunting among London’s most exclusive addresses as prices tumble. House prices in…
HSBC’s Saudi Arabia investment, asset management heads resign
Abdulhadi Shahadah, head of asset management for HSBC in Saudi Arabia, and Mazin Baghdadi, head of investment management in the…
Premier directs to strengthen Bahrain’s financial stability
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has directed to adopt banking and financial policies that…