The Changing Face Of The Middle East
Oil prices still hover well below the $50 mark. The Organisation of the Petroleum Exporting Countries is still broken. Oil…
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Saudi Aramco says approves funding initiatives including sukuk programme
Saudi Aramco's board has approved a number of funding initiatives including the creation of a sukuk programme, its weekly magazine…
Qatar National Bank Hacked, Hackers Leak 1.4GB Database
A group of unknown hackers have claimed to have hacked into the servers of Qatar National Bank (QNB), based in…
Dubai Islamic Bank plans Dh3.6bn share issue for expansion
Dubai Islamic Bank, the UAE’s biggest bank complying with Muslim banking rules, said it plans to raise Dh3.6 billion from…
Dubai Islamic Bank Q1 net attributable profit rises 7.2 pct
Dubai Islamic Bank the United Arab Emirates' largest sharia-compliant lender, posted a 7.2 percent increase in first-quarter net profit on…
National Bank of Abu Dhabi Q1 net profit falls 10.7%
National Bank of Abu Dhabi , the emirate's largest lender by assets, on Wednesday posted a 10.7 per cent fall…
Saudi Arabia Releases Ambitious Plan To Diversify Economy By Nick Cunningham of Oilprice.com
On Monday, Saudi Arabia released a blueprint for the future, a plan for the Kingdom that could alter the course…
Private banking and wealth management is always seen as a growing opportunistic area across the GCC.
Private banking and wealth management is always seen as a growing opportunistic area across the GCC. Many financial institutions,…
Gulf Banks To Keep Focus On Cutting Costs, Says Report
Gulf banks are forecast to continue cutting costs and staff numbers as they adjust to tougher economic conditions, according to…
Dubai Sukuk listings top $42bn
The value of Sukuk listings in Dubai has topped $42.61bn following the ringing of the bell by Islamic Corporation for…
UAE regulator SCA extends scope to cover financial planning
The Securities and Commodities Authority in the UAE has amended its regulations to enable licenced advisers to offer clients a…
Qatar National Bank allegedly hacked, data of 1,200 entities leaked
Qatar National Bank said on Tuesday that it was investigating an alleged hack that potentially exposed the names and passwords…