ABK records KD 30.4 mn net profit for 2015
Al Ahli Bank of Kuwait today announced Operating Profits of KD 87.3 million for 2015, up 5.8 percent from last…
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Dubai’s luxury Palazzo Versace hotel worth at least $300 million
Dubai’s latest luxury branded hotel Palazzo Versace could fetch anywhere upwards US$300 million, according to its developer, who plans to…
Debt write-offs lead to loss at CBI
The Dubai-based lender Commercial Bank International said it booked a loss last year after it more than halved its non-performing…
UAE, India ties get new boost with seven agreements signed
Strategic ties between the UAE and India got a boost on Thursday following the signing of a number of bilateral…
Jordan Islamic Bank pre-tax profits up 17 per cent
Jordan Islamic Bank achieved pre-tax profits of $ 105.4 million for 2015, up almost `17 per cent on year ago…
Emirates Islamic CEO wins 'Best Emiratisation CEO Award 2015' for second consecutive year
Emirates Islamic has announced that its CEO, Jamal Bin Ghalaita has won the 'Best Emiratisation CEO Award 2015' in the…
Warba Bank consolidates its position in the local market and expands its operations in the regional and international markets.
Warba Bank, which is one of the fastest growing banks in Kuwai toffering the entire spectrum of world-class Sharia‑compliant banking…
Bahrain offers the region’s lowest operating costs for the financial sector
A new report by KPMG has revealed that Bahrain enjoys some of the region’s lowest operating costs for financial services…
Emaar’s 2015 net profit rises 11% to over Dh4 billion
Emaar Properties recorded net profit of Dh4.08 billion for 2015 as compared to Dh3.66 in the previous year, registering a…
Centaur Asset Management becomes CISI's latest corporate supporter
Centaur Asset Management Ltd is one of the first UAE firms of its kind to become a corporate supporter of…
UAE has 80% of GCC investment in India
Investment flows from the six-nation Gulf Cooperation Council to India are lopsided, with only the UAE and, to some extent,…
UAE hosts the first branch of the International Islamic Trade Finance Corporation in Dubai
Following its belief in the importance of strengthening relations between the UAE and various regional and international financial institutions; the…