KFH furthers focus on profitability, recaps 2015 financial records
In a recent interview with CNBC Arabiya, Kuwait Finance House CEO Mazin Al-Nahedh explained that KFH continues to focus on…
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Dubai Holding unit's net profit up 25pc
Dubai Holding Commercial Operations Group, a business group of Dubai Holding, said on Saturday its 2015 net profit grew 25…
Abu Dhabi Global Market Signs Operational Agreement with UAE Central Bank
Abu Dhabi’s new financial free zone has signed an initial agreement with the UAE Central Bank, enabling the governance and…
Meethaq extends home finance for project in Qurm
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Badr Group signed a memorandum of understanding to…
KHCB opens 11th branch in Bahrain
Khaleeji Commercial Bank, one of Bahrain’s Islamic retail banks, has formally inaugurated the opening of a new branch located in…
KPMG report finds Bahrain's financial industry benefits from low operating costs
For financial services institutions, the cost of doing business in Bahrain is lower than in Dubai or Qatar, a recent…
A trip to space and private circus on Valentine’s wishlist for high-flying UAE residents
For hopeless romantics, pulling out all the stops to take their loved ones to space isn’t such a farfetched concept.…
DLA Piper bolsters Finance capability with the appointment of Saudi-based Paul Latto
DLA Piper has appointed leading Saudi Arabian-based banking and finance lawyer, Paul Latto, to its partnership in the Middle…
$350 million Sukuk issued by Kuveyt Turk
KFH Capital had been mandated as global coordinator for the Sukuk. Abdulaziz Nasser Al-Marzouq, CEO of KFH Capital, said, "The…
Sharjah Islamic Banks Attracts National Talents
Sharjah—Sharjah Islamic Bank continues its participation in the 18th National Career Exhibition which is being held at the Expo Centre…
Bahrain Middle East Bank net profit up 12 per cent to $5 million
Total assets fell by just under $1 million to $171.87 million while total liabilities contracted further; down from $141.8 million…
Goldman Staff Said to Depart on Guidelines Breach in Mideast M&A
Three bankers have left Goldman Sachs Group Inc. after the U.S. firm determined they breached internal guidelines in connection with…