Saudi bank NCB posts 2.6 pct drop in net profit, misses forecasts
Saudi Arabia's National Commercial Bank, the kingdom's largest lender, posted a 2.6 percent fall in second-quarter net profit on Thursday,…
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Qatar real estate sector set to grow: QNB
QNB 's monthly monitor noted yesterday that Qatar Central Bank's real estate index rose 29.6 percent year-on-year in March 2015…
New international law firm announced
Wragge Lawrence Graham & Co (WLG) and Gowlings, a leading Canadian law firm, are joining forces to create a new…
Abu Dhabi Islamic Bank plans Morocco and Algeria expansion
Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest shariah-compliant lender, is planning expansion in Africa markets to tap…
Emirates NBD Dubai Real Estate Tracker July 2015
According to the latest survey, real estate agents in Dubai experienced softer overall property market conditions in June, with just…
QNB Group: Financial Results for the Six Months Ended 30 June 2015
QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, announced…
Weetas set to launch mega project in Juffair
Weetas, one of the leading property management companies based in the Kingdom of Bahrain, is about to launch a mega…
Saudi Hollandi Bank Q2 net profit rises 12.3 pct, beats forecasts
The lender said it made 539.2 million riyals $143.8 million in the three months to June 30 compared to 480.3…
Oman takes legal action against Bulgaria over bank collapse
Oman’s biggest sovereign wealth fund has started legal action against the Bulgarian government over the collapse of Corporate Commercial Bank…
China, India top list of migrating millionaires
About 61,000 wealthy ('high net worth' individuals, or HNIs) migrated from this country in the past 14 years, largely to…
Dubai achieved goal to become capital of Islamic economy: Mohammed
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, …
No BIT available? Multilateral investment treaties in Middle East and North Africa
Introduction Despite increasing levels of investment between countries in the Middle East and North Africa and difficulties for intra-MENA…