Saudi Wealth Fund Said to Seek Bankers in Global Deals Shift
Saudi Arabia’s Public Investment Fund is seeking to hire bankers for international deals to help the kingdom acquire overseas technology…
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Iran's Islamic banking charms deep pockets
Iran has one of the world’s largest Islamic banks. Ninety-two percent of Iranians aged over 15 have a bank account,…
This Deutsche Bank exec quit to risk everything starting Iran's first private equity firm
Iran's economy is set to get a once-in-a-generation boost when a deal to lift international sanctions gets finalised in a…
Dubai Islamic Bank and Metito sign AED 240m Islamic finance deal
Dubai Islamic Bank, the largest Islamic bank in the UAE and Metito, the leading provider of intelligent water management solutions…
Jordan Housing Bank nine-month profit edges up to $131mn
Jordan’s Housing Bank for Trade and Finance yesterday reported a 3.2% rise in net profits to 93.1mn dinars $131mn for…
Emirates Islamic Announces Q3 2015 Results
Emirates Islamic , one of the leading Islamic financial institutions in the UAE, delivered strong results for the period ending…
SinoGulf Investments Implements Yardi Voyager 7S for Asset and Property Management Operations in the United Arab Emirates
Yardi, a leading developer of software solutions for the real estate investment, asset and property management industry, announces today that…
Sukuk listings on Nasdaq Dubai hit $12.75 billion
International Finance Corporation (IFC), a member of the World Bank Group, on Sunday listed a $100 million sukuk (Islamic bond)…
Middle Eastern company proposes to build luxury homes in Antigua
A Middle Eastern investor is interested in constructing a multi-million-dollar project that will provide luxury homes for wealthy people. Chief…
DFM third quarter net profit tumbles 70%
Dubai Financial Market said yesterday its third quarter net profit fell sharply by 70 per cent, as revenues tumbled. …
Gulf Bank posts healthy net profit
Gulf Bank today announced a 12% increase in net profit to KD 29.6 million for the first nine months of…
BLOM profits surge 7.59 pct in first nine months of 2015
BLOM , one of the two leading Lebanese banks, reported an increase of 7.59 percent in net profits in the…