Saudi Arabia to overhaul floundering financial district, economic cities
Saudi Arabia is revising plans for a glitzy financial district in Riyadh and the creation of six industrial cities, after…
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The Middle East 2016 Wealth Report – Research and Markets
Research and Markets has announced the addition of the "The Middle East 2016 Wealth Report" report to their offering. …
Gcc banks remain resilient, long-term outlook still positive
Gcc regional banking sector has entered a new paradigm where we see margin compression, tightening liquidity, moderate asset and profit…
Global Finance Names QIB as the World's 'Best Islamic Retail Bank' for the first time
Qatar Islamic Bank, Qatar's leading Islamic bank, was recently recognised by Global Finance as the 'Best Islamic Retail Bank' in…
Emirates Islamic launches social banking
Emirates Islamic has become the first Islamic bank in the UAE to offer banking services on a social media platform.…
Ex-Alliance Trust Investments head joins Oldfield
Former Alliance Trust Investments head Edward Troughton has joined asset manager Oldfield Partners as a partner, focusing on business development.…
Dubai Islamic Bank says group interested in Jordan's MESC
Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, said on Tuesday it had received a letter…
GCC Board Directors Institute appoints new Executive Director
The GCC Board Directors Institute has appointed Jane Valls as its new Executive Director to lead the non-profit organization in…
KPMG report: GCC banking sector enters a new paradigm
GCC banking results report analyses results of 56 of the region's leading listed commercial banks, covering 90 percent of…
Islamic Corporation for the Development of the Private Sector rings market bell to celebrate listing of USD 300 million Sukuk on Nasdaq Dubai
Khaled Al Aboodi, Chief Executive Officer of Islamic Corporation for the Development of the Private Sector, today rang the market-opening…
Saudi Arabian Airlines hires HSBC to arrange $1.3bn sukuk
National carrier Saudi Arabian Airlines has appointed HSBC as the lead arranger for a 5 billion riyal ($1.3 billion) sukuk…
Commercial Bank announces a net profit of QAR 274 million for Q1 2016
The Commercial Bank and its subsidiaries and associates announced today its financial results for the Quarter ended 31 March 2016.…