Saudi's Alinma Bank Q2 net profit up 12.1 pct, in line with estimates
Saudi Arabia's Alinma Bank reported a 12.1 percent rise in second-quarter net profit on Thursday, in line with the average…
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Qatar 'most active' in debt capital markets
Qatar was the “most active” nation in the Middle East accounting for 41% of overall activity in the debt capital…
ICC Qatar initial banking workshop deemed a success
The first banking workshop hosted by the Qatar International Chamber of Commerce was deemed a success with more than 150…
Full foreign ownership in Bahrain good for realty market
The decision allowing foreigners to acquire 100 per cent ownership of businesses in Bahrain will spur growth in the property…
DPI to provide about $34 mln to Egyptian retailer B.TECH
Development Partners International, one of the leading African private equity specialists with US$1.1 billion under management, has through its ADP…
Middle East M&A deals fall 29 per cent to $18.7 billion
The value of merger and acquisition transactions with any Middle Eastern involvement fell 29 per cent in the first half…
NBF posts Dh275.1 million first half net profits, down 9.4%
National Bank of Fujairah posted a net profit of Dh275.1 million in the first half of 2016 down 9.4 per…
Clifford Chance advises on US$100 million National Bank of Oman tap issuance
Clifford Chance's Dubai Office has advised Crédit Agricole Corporate and Investment Bank and National Bank of Abu Dhabi P.J.S.C. as…
Moroccan and Dubai banks interested in Barclays Egypt sale
Barclays has begun a formal process to sell its Egyptian unit, with at least two banks from the Middle East…
Commercial Bank announces net profit down 65 per cent for Q2 2016
The Bank delivered a net profit of QAR 208 million for the second quarter 2016 a decrease of 65% compared…
Capital Markets Board Removes Limits for Share Buy-Backs
Recent development On July 21, 2016, the Turkish Capital Markets Board (the "CMB") decided to remove the limits under the…
Mashreq posts a 9.4 per cent y–o–y growth in operating profit for H1 2016
Mashreq's CEO, HE AbdulAziz Al Ghurair, said, “Mashreq’s prudent fiscal policies and continued commitment to its focus on placing its…