UAE's First Gulf Bank Q4 net profit rises 11 pct, beats forecasts
First Gulf Bank, the third-largest lender by assets in the United Arab Emirates, beat estimates on Sunday as it posted…
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Qatar Development Bank signs MoU with Islamic Corporation
Qatar Development Bank has signed a Memorandum of Understanding with The Islamic Corporation for the Development of the Private Sector…
FGB Group Full Year 2015 Net Profit exceeds AED 6.0 Billion
FGB , one of the leading banks in the UAE, achieved a record Group net profit of…
UAE Exchange Reinforces Partnership with MDS ap
The Software Solution provides UAE Exchange with advanced planning, forecasting and budgeting capabilities News facts: • SAP BPC…
Bahrain's Al Baraka Islamic Bank eyes France, Indonesia for expansion
Bahrain's Al Baraka Islamic Bank plans to open a sharia-compliant bank in France next year as the lender seeks to…
Enhancing UAE Women's Leadership In Banking, Financial Services
The success of women can be attributed to the UAE government's strong support for women empowerment across the region. …
Asiya: China strengthens economic ties with the Middle East
Chinese President Xi Jinping recently completed his visit to the Middle East at a crucial time. Tensions rose between Saudi…
UAB recommends economic, legislative reforms in Arab countries to attract foreign investment
The Union of Arab Banks urged Arab countries to carry out economic and legislative reform to create a favourable context…
IFRS For SMEs Explained
After years of discussion, the new Commercial Companies Law No 02 of 2015 has been introduced, requiring all UAE businesses…
Ibdar makes £8 million investment in prime new Manchester city centre development
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, today announced that it has made a £8 million investment in…
Yields rise sovereigns boost issuance
GCC debt yields were volatile in 2015 but finally moved higher in the second half of the year. Rising…
Abu Dhabi Commercial Bank Q4 net profit rises 16 pct
Abu Dhabi Commercial Bank on Sunday posted a 16 percent rise in fourth-quarter net profit. The emirate's third largest…