Gulf Bank Posts a 10% increase in Net Profit to KD 39 Million in 2015
Gulf Bank today announced an operating profit before provisions of KD 108 million for the year ended, 31 December 2015,…
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MENA investors warn of increasing correlations, finds Natixis survey
Institutional investors worldwide say it is challenging to find diversification among traditional asset classes, with more than half (54%) saying…
Amanda Staveley sues Barclays for almost £1bn
Barclays has been hit with a lawsuit for nearly a £1bn from Amanda Staveley, the deal-maker with a host of…
Dubai Trade adds Dar Al Takaful PJSC as another Islamic insurer on Tradeshield platform
Dubai Trade, the premier cross-border trade facilitator, has announced that Dar Al Takaful PJSC , the UAE Islamic insurance company…
KIB reports KD 16.1 mln net profits for 2015
The Kuwait International Bank has reported net profits of KD 16.1 million for the year 2015, compared to KD 13.7…
International law firm bolsters Dubai office
International law firm Berwin Leighton Paisner has announced the appointment of Raza Mithani, an International Arbitration and Dispute Resolution Partner,…
SABB wins "Best Trade Finance Bank in Saudi Arabia" award
The Saudi British bank won "Best Trade Finance Bank for 2015 in the Kingdom of Saudi Arabia" award for…
Bank Muscat Board proposes dividend for 2015
In addition, five per cent dividend in the form of bonus shares has been proposed. The bank has retained…
Sharjah Islamic Bank net profit rises by 9% and proposes 10 % cash dividend
Sharjah Islamic Bank achieved good results with a net profit of AED 409.9 million in 2015 compared to AED 377.2…
FEP Capital Wins IFM 2015 Awards
London-based International Finance Magazine presented the 2015 awards for 'Fastest Growing Investment Bank' and 'Best Private Equity Company' in Egypt…
Lower revenues, higher provisions hit National Bank of Abu Dhabi profits
National Bank of Abu Dhabi , the United Arab Emirates's largest lender by assets, reported a 24.5 percent drop in…
Iran poised to make billions off country's vast mineral wealth
Iran is poised to become one of the richest countries in the world -- and its potential for profit goes…