Indian expats in Oman to gain from new government rules back home
Non-Residents Indians in Oman have a couple of reasons to smile. On the one hand they have to pay…
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GCC Investors Halt Capital Flow Into UK Real Estate
GCC Investors Halt Capital Flow Into UK Real Estate Gulf investors holding back on United Kingdom property deals due…
A new hire for Charles Russell Speechlys Middle East
Benjamin McQueenie has joined the firm in Bahrain as an Associate to support the growing activity of the Corporate, Finance…
NCB's net income reached SR 5,068 million for first half of 2016, an increase of 2% over first half of last year
The National Commercial Bank announced that net income for the first half 2016 reached SR 5,068 million compared to SR…
Goldman, Deutsche Bank Said Among Saudi Bond Lead Managers
Saudi Arabia appointed six banks as co-lead managers on its first international bond sale as the country looks to plug…
Libya investment bodies eye unity like oil authorities
Libya's sovereign wealth fund said Thursday that it was seeking to end a rift with a rival investment body in…
National Bank Of Oman Posts Flat Q2 Net Profit
National Bank of Oman , the sultanate's third-largest lender by assets, beat analysts' expectations on Thursday despite posting flat growth…
Abu Dhabi Islamic Bank holds the line as profit rises slightly
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, said that its second quarter profit gained 1 per…
Gulf stocks benefit from EM inflows ahead of stimulus moves
Gulf stock indexes benefited from fund inflows into emerging markets on Wednesday, with all advancing for a second day, as…
UAE Business Credit Growth Slowed In Q2, Says Central Bank
UAE banks were less willing to extend loans to corporations and small businesses during the second quarter of the year…
New CEO For GIB Capital LLC
Gulf International Bank announced the appointment of Osamah Mohammed Shaker as the new Chief Executive Officer of GIB Capital LLC,…
Slower lending takes toll on Union National Bank
The Abu Dhabi lender Union National Bank said its second-quarter net income declined by 17 per cent as the economic…