Kuwait: Non-resident deposits at banks grow 19.6% in Q3
The non-resident deposits at the banks in the country rose 19.6 per cent year-on-year in the third quarter of the…
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Registration Opens For The Women In Financial And Banking Sector Conference
The Central Bank of Bahrain (CBB) has announced today the opening of registration for the Women in Financial and Banking…
Cheap oil eats into Saudi corporate profits, more pain ahead
Saudi Arabian corporate earnings shrank during the third quarter of this year as low oil prices began hurting the wider…
Shlomo Nehama may face indictment for tax evasion
The Tel Aviv District Attorney's Office Taxation and Economics will shortly decide whether to indict former Bank Hapoalim TASE: POLI…
KIPCO may seek partners in $5bn real estate deal
KIPCO is ready to fund construction of its planned 5 billion real estate project in Kuwait, but is open to…
GCC Banks Have Potential to be Among World's Most Digitally Competitive, Says SAP
GCC banks are well-positioned to be among the world's most innovative in driving digital strategies for business transformation and competitiveness,…
Warba Bank Reports Net profits in the Third Quarter 2015
Warba Bank achieved excellent profits in the third quarter exceeding expectations for its financial results for the first nine months…
Deutsche Bank to pay $258m penalty for violating US sanctions
Deutsche Bank Created “OFAC-Safe” Payment Processing Schemes to Evade U.S. Treasury Office of Foreign Asset Control (OFAC) Sanctions Deutsche…
Khaleeji Commercial Bank announces increase in net profits
Khaleeji Commercial Bank, a leading Islamic bank in the Kingdom of Bahrain, today announced its financial results with net profits…
Bahrain's Investcorp aims high with new global expansion plans
Investcorp wants to more than double its assets under management in the next seven years under a new strategy which…
Egypt’s Banque Du Caire sees 40-45% rise in profits for 2015
Banque Du Caire, Egypt’s third largest state bank, expects a 40-45 percent increase in profits this year following a restructuring,…
QFC eyeing more firms that can add value to Qatar’s economy
The Qatar Financial Centre is eyeing more financial and professional services firms, including Islamic finance firms from Asia and South…