Egypt's CIB says signs deal to sell investment bank to Orascom
Egypt's largest listed company, Commercial International Bank (CIB), said on Sunday it had signed a deal to sell its investment…
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"Abu Dhabi Securities Exchange" Signs an Agreement with United Arab Bank for Offering
With a move to facilitate a sustainable economy, while also supporting the process of the integration of the various sectors,…
Gatehouse completes portfolio acquisition of ten select service hotels in the US
Gatehouse Capital has announced that it has purchased a portfolio of ten select service hotels in the United States with…
Everton confirm 'new major shareholder' as Iranian Farhad Moshiri seals deal
Everton have announced that Iranian billionaire Farhad Moshiri will become the club’s major shareholder after agreeing a deal approaching £200million.…
UGB announces results for 2015
United Gulf Bank B.S.C. announced its financial results for 2015. Key Financial Highlights for 2015: · Net…
NBK awarded "Best Private Bank for 2016 in Kuwait"
National Bank of Kuwait has been awarded the "Best Private Bank for 2016" in Kuwait in Euromoney's Annual Survey surpassing…
June deadline for listed companies to amend bylaws, says Abu Dhabi official
Abu Dhabi’s Department of Economic Development has reminded listed companies to amend their articles of associations and bylaws to comply…
Ithmaar Bank reports continued retail growth, finalizing plans for new group structure
Ithmaar Bank , a Bahrain-based Islamic retail bank, reported today ed note: 28/02/16 an increase in total income and operating…
GCC must repay or refinance $94bn in bonds and loans in 2016, 2017
Gulf Cooperation Council sovereign, financial and corporate borrowers must repay or refinance $94bn in bonds and loans in 2016 and…
Natixis appoints Executive MD for MENA
Natixis Global Asset Management, a multi-affiliate organization that offers a single point of access to more than 20 investment firms…
Middle east remains key to yacht industry outlook
Leading figures within the yacht manufacturing industry will outline their predictions for growth in the Middle East market, at the…
Turkish President calls for Islamic banking to reach 25 per cent
Speaking at the launch of the participation banking unit of Vakibank, Turkey’s third-largest state bank, President Recep Tayyip Erdogan said,…