QNB Group Financial Results For The Three Months Ended 31 March 2016
QNB Group, a leading bank in the Middle East and Africa, announced its results for the three months ended 31…
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Portsmouth MP looks to the Middle East to pump in millions to improve city’s future
Flick Drummond jetted out to the United Arab Emirates in a bid to win over wealthy investors who can transform…
Commercial Bank of Kuwait hoping to maintain profit level in tough times
Commercial Bank of Kuwait is counting on boosting non-interest income to maintain its profit this year, which will be affected…
Kuwait sets KD 2 bln in sukuk, bond issue – Bid to cover part of budget deficit
Kuwait’s government plans to issue KD 2 billion ($6.6 billion) of Islamic and conventional bonds to help cover a budget…
Central Bank of Bahrain is urged to proceed with technology project
Adel Al A’ali, board member and head of the insurance and banks sector committee of the Bahrain Chamber of Commerce…
Japan enters Shariah-compliant corporate financing in Mideast
Bank of Tokyo-Mitsubishi UFJ, through its newly established Dubai branch, has become the first Japanese lender to provide Shariah-compliant corporate…
Dubai is now home to 42,000 millionaires
More than 2,000 millionaires migrated to Dubai in 2015, bringing the total in the city up to 42,000, a five…
Middle East: Saudi banks dig deep for debt as liquidity runs dry
There is a growing worry in Saudi Arabia that low oil prices are here to stay. But it is not…
Saudi king sets aside frustrations with Egypt for state visit
Despite years of mutual frustration and disappointment over diverging priorities, Saudi Arabia and Egypt remain fundamental to each other’s security,…
Ahli Bank Qatar guides fordebut around 40bp back of IBQ
“As it’s the bank's inaugural bond, it’s difficult to pinpoint where fair value should be,” said one syndicate official close…
Fifth World Gov't Summit to be held in Dubai in 2017
The fifth World Government Summit will be held from February 12-14, 2017 and will debate the economy and finance as…
Driving more succession planning certainty in Dubai
Launched in May 2015, the new DIFC Wills and Probate Registry has already seen over 900 Wills registered. The…