Dubai's DIB posts 33.9% jump in Q1 net profit
Dubai Islamic Bank, the United Arab Emirates' largest sharia-compliant lender, reported a 33.9 percent increase in first-quarter net profit on…
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BankMed: Prudent expansion across Mideast
Editor’s note: The following is an interview with Mohamed Ali Beyhum, the executive general manager of BankMed. Dr. Beyhum…
Sovereign Wealth Funds Continue to Ramp Up Property Allocations
The proportion of global sovereign wealth funds allocating capital to commercial real estate rose from 54% in 2013 to 59%…
Swiss advisory firm eyes Qatar as its Mideast hub
FACT Middle East is now fully operational and open for business, offering upscale family office advisory services at the heart…
QIB profit jumps 19%
QIB has posted a first-quarter net profit of QR400mn, up 19% on the same period in 2014. The…
Kuwait deposits $2bn in Egypt's Central Bank
The Kuwaiti government has deposited $2 billion in the Central Bank of Egypt to support the country's economy, Egypt's ambassador…
Dubai: Investment on high rise not so profitable
After Dubai let foreigners invest in the country, there has been a reerscord turn around of homebuyers. The choice…
Dubai Smart Govt launches UAE Govt's first LinkedIn company page in Arabic
Dubai Smart Government has become the first UAE Government body to launch an official company page in Arabic on LinkedIn,…
Iran capital market regulator plans new products as foreigners eye entry
Iran's capital market regulator plans to develop new Islamic debt products and is exploring ways to establish a credit rating…
Albaraka Turk closes $268 million syndicated Murabaha financing
The bank said in a statement to the Istanbul Bourse that ABC Islamic Bank, Emirates NBD Capital, Kuwait International Bank,…
Dubai’s mortgage deals take a dive from Q1-2014 peak
UAE’s banking industry are still trying to get a handle on their mortgage operations — latest data suggest that home…
BSO Network Solutions and DGCX partner on specialist connectivity services
Michael Ourabah, CEO at BSO Network Solutions, said, “We have been supporting Dubai-based organisations for over six years. This…