Profits '?' Us
Following years of low profitability Lebanese banks are making money again by expanding their reach abroad. The alpha bankers…
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Israel and the new Asian Infrastructure Investment Bank
The announcement by the Israeli government that Israel will become one of the founding members of the new Asian Infrastructure…
VTB Capital Said to Close Dubai Equity Trading as Sanctions Hit
VTB Capital Plc, an investment banking unit of Russia’s second-biggest bank, closed its equity trading activity in Dubai, two people…
Israel Increasingly Attractive for Chinese Academics, Investors, and Tourists
East China New University and the University of Haifa this month launched a joint Israeli-Chinese research center in Shanghai—the first…
Kazakhstan builds Islamic expertise as Russia ramps up efforts
Kazakhstan is drawing on Dubai’s experience in efforts to bring more sukuk products to its stock exchange. It hopes to…
GFH wins legal case amounting to $90.64 million against its ex-Chairmen
The verdict amounts to $90.64 million plus a five per cent annual interest starting from 13th March 2014 until the…
Sukuk Returns to Qatar
Qatar’s second-biggest Islamic lender may sell the nation’s first sukuk in more than 17 months, according to two people with…
Markaz announces profits of KWD 1.3 for Q1 2015
Markaz total asset under management were up 10 per cent to reach to KWD 1.12 billion in the end of…
Standard Chartered Bank Chooses Jive To Help 90,000 Employees Collaborate Globally
Jive Software, Inc. today announced that Standard Chartered, a leading international banking group, has selected Jive's enterprise communication and collaboration…
UGB announces results for the first quarter of 2015
United Gulf Bank B.S.C. has announced a net profit attributable to shareholders of parent of US$ 2.1 million for the…
Khaleeji Commercial launches new financing product
Khaleeji Commercial Bank, a leading Islamic retail bank in Bahrain, has launched a new corporate financing product, I'teman Financing. …
SICO posts net profit of BD 1.4 million for first quarter of 2015.
Securities & Investment Company, licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its financial…