Doha Bank posts QR354mn Q1 profit on robust operations
Doha Bank has reported a net profit of QR354mn in the first three months of this year, aided by its…
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Dubai's Emirates NBD Q1 net profit gains 8 pct on lower provisions
Emirates Islamic has announced its results for the period ending March 31, 2016. Results Highlights: Net profit for Q1…
1Mdb in default, declares Gulf fund
The dispute between Abu Dhabi's second-largest wealth fund and Malaysia's state-owned 1Malaysia Development Berhad escalated yesterday after the Arab emirate…
Abu Dhabi said to be planning bond sale
Abu Dhabi is said to be looking at issuing US dollar-denominated bonds in what could be its first sovereign debt…
Doha bank achieves strong performance ratios
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha…
Malaysia's 1MDB defaults on US$1b loan, says Abu Dhabi fund
An Abu Dhabi sovereign-wealth entity said on Monday (Apr 18) that the Malaysian state fund 1MDB had defaulted on US$1.1…
Boldly Going: The Exotic 'Frontier' Markets That Intrepid Investors Are Tipping For Take-Off
It was 15 years ago that academics began to predict a shift in economic power from the old order of…
UAE fund says Malaysia's 1MDB in default on $1 billion deal
An Abu Dhabi sovereign fund said on Monday Malaysia's troubled state fund 1Malaysia Development Berhad was in default of its…
ADIB collects Banker Middle East Awards for SME Services
Abu Dhabi Islamic Bank has been recognised by the Banker Middle East for having the “Best SME Internet Banking Service”,…
Abu Dhabi Plans First Bond Since 2009 as Oil Drop Curbs Finances
Abu Dhabi, the capital of the United Arab Emirates, is sounding out investors about plans to issue bonds first time…
Dubai Islamic Bank aims to open in Kenya before year-end -sources
Dubai Islamic Bank plans to be operating in Kenya before the end of 2016, despite the Kenyan authorities' moratorium on…
IIRA assigns fiduciary ratings to AlBaraka Bank Lebanon
ABBL was incorporated in 1992 as the first Islamic bank operating in the Republic of Lebanon and is as yet…