All Articles

Comment & Analysis

Auditors, HR professionals in UAE to see highest salary rises in 2016

October 30, 2015

  Average salaries in the United Arab Emirates across professional occupations including finance and accounting, financial services, information technology, legal,…

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Investment Banking

Bank Sohar, Bank Dhofar appoint consultants for due diligence in merger process

October 30, 2015

  In a statement to the Muscat Securities Market, Bank Sohar said, "With reference to our disclosure dated 1 July…

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Financial Results

Bank ABC Islamic Announces 40% Increase in Nine-Month Net Profit to US$16.1 Million

October 30, 2015

Bank ABC (Arab Banking Corporation B.S.C.) today announced that its consolidated Group net profit for the first nine months of…

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Hedge Funds & Alternative Investments

UAE Central Bank says lenders ‘increasingly risk averse with businesses’

October 29, 2015

UAE banks are becoming increasingly risk averse when weighing loans to businesses, the Central Bank said in its latest credit…

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Financial Results

Dubai Islamic Bank's 9-month profit surges 36%

October 29, 2015

Dubai Islamic Bank, or DIB, on Wednesday declared a 43.6 per cent increase in third quarter net profit and 36…

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Comment & Analysis

Growth in UAE credit demand stabilising -c.bank survey

October 29, 2015

Growth of demand for credit in the United Arab Emirates seems to have stabilised after a slowdown in recent quarters,…

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Hedge Funds & Alternative Investments

Kuwaiti real estate prices to fall 30% in Q4?

October 29, 2015

Real estate prices in Kuwait could fall by 30% in the final quarter of 2015.   Kuwait-based Alshahed cites real…

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Legal

GGC financial committee to meet in Doha

October 29, 2015

The Gulf Cooperation Council (GCC) finance ministries’ undersecretaries will hold their 47th meeting on November 1 in Doha, Qatar.  The…

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Financial Results

Bahrain Islamic Bank realizes BHD 8.6 million net profit

October 29, 2015

BisB announced yesterday, 28th October 2015, that it has realized BHD 8.6 million as net profit on its activities for…

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Comment & Analysis

Middle East funds turn negative on equities -survey

October 29, 2015

Middle East fund managers have on balance turned negative towards equities in the region because of low oil prices, instability…

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Uncategorized

Emirates NBD named Outstanding Private Bank Middle East

October 29, 2015

 Emirates NBD has announced that its Private Banking division was named 'Outstanding Private Bank – Middle East' at the 2015…

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Hedge Funds & Alternative Investments

Qatar Investment Authority forms $8.6 billion Manhattan joint venture with Brookfield

October 29, 2015

Brookfield Property Partners and Qatar Investment Authority, Doha, said they've formed a joint venture on an $8.6 billion mixed-use project…

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