Vast majority of customers in the UAE trust their banks
A recent study commissioned by The UAE Banks Federation, the professional representative body for the UAE’s banks show a vast…
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ME investment banking fees reached US$480.5 million during the nine months of 2015
Thomson Reuters has released the quarterly investment banking analysis for the Middle East region. According to estimates from Thomson…
New website launched for Bahrain conference
The Central Bank of Bahrain, in cooperation with the Supreme Council for Women, has launched the website for the ‘Women…
Qatari bank CBQ profit drops 43 percent
Commercial Bank of Qata, the Gulf Arab state's second-largest lender by assets, reported a 43 percent drop in third-quarter net…
UAE to see 62% rise in number of millionaires by 2020 – Credit Suisse
The number of millionaires in the United Arab Emirates is set to grow by 62 per cent over the next…
Turkey’s Halkbank gives up plans for Islamic unit
Halkbank asked the Banking Regulation and Supervision Agency to cancel its previous application to establish a participation bank, the statement…
UAE bank ADCB meets estimates with 18.3 pct Q3 net profit gain
Abu Dhabi Commercial Bank on Sunday posted an 18.3 percent rise in third-quarter net profit, broadly in line with analysts'…
Mideast investment banking fees dip 22% in first 9 months
Middle Eastern investment banking fees reached $480.5 million (Dh1.76 billion) during first nine months of the year, down 22 per…
Bank Sohar joins trade team to tap investment in Turkey
Bank Sohar recently joined an exclusive business delegation to Turkey with the aim of strengthening trade and business ties between…
Dubai acts to reassure international property investors over Sharia’s impact on inheritance
Following the recent set-up of the Dubai International Financial Centre Wills and Probate Registry in May, the Dubai Land Department…
UAE’s digital payments market set to outpace cash use by 2020
Annually, the UAE counts $230 billion Dh844 billion in consumer payments to 170 government entities and more than 350,000 merchants. …
New insolvency law a safety net for SMEs, banks
For centuries, trust and traditional networks sustained trade and business in the Middle East. As the region transitioned into a…