Group’s success shows measure of private sector potential
Kuwait’s most successful privately-owned group invests in real estate on the back of post-crisis expansion, while also heavily supporting education…
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UAE and Saudi Arabia have world’s youngest successful entrepreneurs
The UAE and Saudi Arabia have the youngest successful entrepreneurs in the world, according to a survey by HSBC’s private…
Barwa Bank appoints Group COO
Barwa Bank has announced the appointment of Mr. Nasser Rashid Al-Humaidi as the Group's Chief Operating Officer (GCOO). Mr.…
Doha Bank revising strategic plans
Doha Bank is revising its three-year strategic plans, said its Chairman yesterday. The Ordinary General Assembly of the shareholders…
Qatar banks record good growth in 2015: QCB Governor
The Governor of Qatar Central Bank Sheikh Abdullah bin Saud Al Thani said Qatar's banks recorded healthy growth in 2015…
Mid-east buyer snaps up $30m of luxury penthouses at Battersea Power Station
Investors from the Middle East account for an estimated five percent of sales at the redevelopment of London’s iconic Battersea…
Al Masraf profits increase by 11 per cent to AED 405 million in 2015
The company’s operating profit also rose by 13 per cent to AED 437 million. The remarkable growth of the profits…
Turkish deputy PM Şimşek projects rapid growth in Islamic banking
Highlighting that the share of Islamic banks within the banking and financial system is nearly 5 percent, deputy prime minister…
UAE’s First Gulf Bank wins approval for bond issue
First Gulf Bank, the largest lender by market value in the United Arab Emirates, has obtained shareholder approval to issue…
Saudi Arabia to hold out bond mandate prospect to banks
Saudi Arabia is holding out the prospect of a role in its first international sovereign bond to banks that participate…
Why buying a house in Dubai is better than living on rent
Let's just get straight to some facts. Almost 68 per cent of the home loans in the UAE are available…
EFG-Hermes mulls expansion in new frontier markets, CEO says
EFG-Hermes is considering opportunities to expand into new frontier markets and aims to build a “leading non-bank finance house” in…