Bahrain's Al Baraka Banking Group Q3 profit rises 4 pct
Al Baraka Banking Group , the Bahraini Islamic lender with operations in more than a dozen countries, posted a 4…
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DAMAC Properties Dubai reports net profit of AED 3.67 billion (c.US$1 billion) in first 9 months of 2015.
DAMAC Properties Dubai Co PJSC, a leading developer of high-end property in the Middle East, announces results for the nine…
Gulf International Bank Reports A Nine Month Profit Of $64.7 Million
Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of $64.7 million for the nine months ended 30th…
Standard Chartered Said to Cut Dubai Trading Jobs, Four MD Roles
Standard Chartered Plc cut 11 sales and trading jobs in Dubai, including four managing director roles, according to two people…
Al Masraf profit during first half of 2015 increases by 13 per cent
Al Masraf has attracted more deposits that currently amounting to AED 8.86 billion due to expanding its customer base over…
Amwal launches new GCC Fund in partnership with German firm
Amwal, Qatar’s first regulated Investment Company and leading independent asset management firm, in collaboration with Germany’s leading private bank Donner…
The Danger of Doha’s Property Boom
Property prices in Qatar have been growing at an explosive pace—and banks have been leaping towards the real estate market…
UAE’s Islamic banks buck regional trend in third quarter
Results of leading institutions point to resilience in a tough operating environment Islamic banks across the GCC have been…
KFH CEO speaks on importance of Islamic finance and its role in development
KFH CEO, Mazin Al-Nahedh, will participate in a discussion panel where he will speak about Islamic vs. conventional banks in…
Finance House posts $168m net profit
Finance House has registered a net-profit of Dh64.7 million $168.8 million for the nine months ended September 30, compared to…
Uber’s rival in the Middle East, Careem, raises $60m in series C financing
Online taxi startups are hot property these days. There seems to be no limit to the amount of cash investors…
DAMAC Properties Dubai reports net profit of AED 3.67 billion
DAMAC Properties, a leading developer of high-end property in the Middle East, has announced its results for the nine months…