Al Baraka raises net income by five per cent for H1 2015
Commenting on these results, H.E Sheikh Saleh Abdullah Kamel, Chairman of Al Baraka Banking Group , said "The unstable political…
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Abu Dhabi's credit rating stable thanks to 'exceptional wealth
Abu Dhabi’s “exceptional” wealth has helped maintain its AA credit rating despite the fall in oil prices, according to Standard…
CISI in talks with a number of banks to teach integrity and ethics
Chartered Institute of Securities and Investment is in talks with a number of banks to teach integrity and ethics to…
Banks in UAE no longer demand blank cheques
Banks in the UAE no longer ask for blank security cheques against unsecured lending, but the amounts written on these…
The Els Club, Dubai Sports City partners with Nedbank Private Wealth
The Els Club, Dubai Sports City has signed another high-end preferred partner enabling the golf club to offer its…
A.M. Best affirms ratings of Oman Insurance Company
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Oman…
Ibdar Bank revenues up 51 per cent for first half of 2015
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, has announced its financial results for the first half of…
Oman reworks its inward investment strategy
Omani authorities seem determined to entice interest from investors in the Gulf and elsewhere, ostensibly for the benefits of all…
Saudi Hollandi Bank introduces "Ready Cash"
Saudi Hollandi Bank has launched Ready Cash, a first-of-its-kind Shariah compliant product in the kingdom that will give the Bank's customers…
Our vision is to become the best bank in the region
Abdul Hakeem Omar al Ojaili, acting CEO of BankDhofar, says that the bank applies cutting-edge technology, introduces state-of-the-art banking solutions,…
QInvest announces 40% revenue growth and strong profitability for H1 2015
QInvest has reported strong growth across the board, ending the first half of 2015 with revenues up 40% and net…
Property owners affected by Al Nakheel development to get AED52 million compensation
In line with the directives of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman…