Qatar’s Commercial Bank Gets $166m International Loan
Commercial Bank of Qatar has obtained a $166 million, three-year loan from international banks for general corporate purposes, it said…
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Gulf Bank Wins IFM 2016 Awards
London-based International Finance Magazine has conferred the 2016 award for 'Best Retail Bank' and 'Best Retail Customer Service Bank' in…
GCC Debt Markets See Volatility In Yields In 2Q16
GCC debt markets saw little volatility in yields in 2Q16, even as issuance picked up on the back of healthy…
Dubai Bank faces money laundering charges
A Nairobi court yesterday issued summons for Dubai Bank Limited to appear in court on August 18, to plead to…
Cloud tech: how to support cross-border M&A
Merging tech, avoiding “turf wars”, embracing change, careful planning and ensuring alignment between the companies – there is plenty to…
Commercial Bank signs GCC’s first $166mn 3-year Ninja loan facility
Commercial Bank has signed a debut $166mn three-year Ninja Loan facility, which is the first one for a GCC financial…
Emirates NBD says reduced impairments helped lift profit in first half of the year
Emirates NBD announced quarterly profit ahead of analyst forecasts, rising 16 per cent year-on-year for the three months to the…
Mideast Stocks-Gulf may have firm tone; bank earnings are mixed
Gulf stock markets may trade with a moderately firm tone on Monday, extending the previous day's rises, with investors' attention…
Emirates Islamic Announces H1 2016 Results
Emirates Islamic has delivered strong results for the period ending June 30, 2016. Results Highlights: · Net profit…
Record results highlight Qatari potential
Despite having proved its resilience, particularly after the 2008 crisis, and being expected to grow 17% annually, Islamic finance is…
Emirates Islamic reports Dh137m first half net profit
Emirates Islamic has reported a net profit of Dh137 million for the first half of 2016. For the second…
Egypt, Philippines to establish business council by end of 2016 – Daily News Egypt
The Philippines is expected to be the sixth-fastest growing economy in the world, according to the British Knight Frank consultancy…