Which economic spheres of Iran attract Turkish investors?
Some countries do not hide their intentions to invest in Iran after the lifting of sanctions imposed on this country.…
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HSBC Unit in the Cross Hairs of Saudi Regulator
HSBC Holdings PLC’s Saudi Arabia unit has come under investigation by regulators in the kingdom for its role in a…
QIA and CapitaLand Work Together to Set up $600m fund
Qatar Investment Authority has entered into a joint venture with Singapore’s CapitaLand Limited’s wholly-owned subsidiary Ascott Serviced Residence(Global) Investment. …
Qatar fund's ex-head sticks with EU assets
While most sovereign wealth funds in the Gulf are moving away from European trophy assets, Sheikh Hamad Bin Jassim Bin…
Oman central bank rejects Bank Muscat's $1.3 bln sukuk plan -source
Bank Muscat, Oman's largest lender, has delayed plans to launch a 500 million rial ($1.3 billion) sukuk programme after the…
UK Foreign Office says loses $1.3m in Dubai scam
The UK’s foreign office was conned out of $1.3 million (£870,572) after officials fell victim to a major fraud in…
Ahli United Bank Registers Net Profit Of KD 25.5m In H1, 2015
Ahli United Bank announced its results and financial statements for the first half ending on June 30, 2015, following the…
Mashreq posts a 12% increase in Net Profit
Mashreq , one of the leading financial institutions in the UAE, today has reported its financial results for the period…
Noor Bank Named 'Domestic Technology and Operations Bank of the Year in the UAE'
Noor Bank has been named the 'Domestic Technology and Operations Bank of the Year in the UAE' at the Asian…
Al Safar Group appoints new CEO
Al Safar Group has announced the appointment of Mr. Ahmed Khalfan as Group Chief Executive Officer who will be spearheading…
JS Bank Limited receives a License from the Central Bank of Bahrain
The Central Bank of Bahrain has granted a wholesale banking license to JS Bank Limited , to open a branch…
BBK’s net profit rises 8.2pc to $78 million
Bank of Bahrain and Kuwait has reported a growth of 8.2 per cent in net profit at BD29.4 million $78…