Emirates NBD Announces First Half 2015 Results
Net profits up 41% to AED 3.3 billion on higher income and lower provisions Total Income up 7% to AED…
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Gulf Bank Posts 20% growth in Net Profit for the First Half 2015.
Gulf Bank has announced a net profit of KD 18.7 million for the first half of 2015, up 20% from…
UAB first-half profit up 5%
United Arab Bank, or UAB,on Tuesday said its 2015 first-half net profit rose five per cent to Dh344 million due…
Structured products getting more popular with UAE expats
In the world of apparel, there are continual and much-publicised trends. And there are also definable trends in investing, too.…
Pistachios, iPhones and flights: How will Iranians benefit from nuclear deal?
After years of negotiations and much speculation, the Iranian nuclear deal has finally been penned. Iranian President Hassan Rouhani…
The Middle East loves its gold — but who tops the MENA region?
When it comes to buying gold, there are only two countries that stand out. According to the statistics compiled…
The alternative interest-free banking system – how it works
The 2008 sub-prime financial crisis led to protests and criticism on the negative impact of the financial and banking system…
Jordan Expected to Issue Debut Sukuk
Jordan said last month it was going to issue its first ever sovereign sukuk, or sharia-compliant bonds, soon. The…
KSA, UAE among world's top 10 M&A and IPO activity growth markets
Saudi Arabia and United Arab Emirates are among world's top 10 countries forecasted to experience the fastest M&A and IPO…
National Bank of Oman profits rise, deposits fall
National Bank of Oman, the country's third-largest bank by assets, reported a 21.4 percent rise in second-quarter profit on Tuesday,…
Qatari bank CBQ beats forecasts with 17.3 pct jump in Q2 net profit
Commercial Bank of Qatar, the Gulf Arab state's second-largest lender by assets, beat analysts' forecasts with a 17.3 percent rise…
Kuwait Finance House posts 13.7 pct Q2 profit gain, misses estimates
Kuwait Finance House, the Gulf state's biggest Islamic lender, reported a 13.7 percent jump in second quarter net profit on…