Barwa Bank net profit up by 41.5 per cent in 2014
Customer deposits stood at QAR 21.9 billion at the end of the year from QAR 21.2 billion in the 2013,…
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BankMuscat net profits up 8.9%
BankMuscat posts a net profit of RO43.30m for the three months to the end of March - 8.9% up on…
Qatari banks, Southwest Securities plan Islamic finance venture in China
Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling…
Infini cut min investment to draw in ME retail market
Dubai-based Infini Asset Management has lowered the minimum investment into its flagship product to $10,000, as it looks to “better…
Government-led projects to drive IT services spend in Gulf countries
The combined IT services market of Qatar, Oman, Bahrain and Kuwait is expected to expand at a compound annual growth…
Swiss Private Bank UBP To Boost ME Operations After Coutts Buy
Swiss private banking firm Union Bancaire Privee (UBP) is hoping to boost its Middle East operations following its recent acquisition…
CBRE: ME real estate investors spend 73 per cent of outbound capital in Europe in 2014
Europe remains the preferred market for Middle Eastern investors, receiving $10.2 billion in 2014. In line with other investor…
Saudi- Investment banking: Kingdom offers attractive opportunities
The Saudi market will remain Swicorp's most important focus in view of the tremendous attractions and opportunities in the Kingdom…
UAE Individual Investors Optimistic about 2015 Returns
According to the 2015 Individual Investors Survey released by Natixis Global Asset Management today, individual investors in the UAE are…
Dubai’s Noor Bank May Sell Debut Sukuk After Setting Up $3bn Programme
Noor Bank may conduct a benchmark-sized sukuk issue after setting up a $3 billion Islamic bond programme, the Dubai-based lender…
Barclays sees extended ‘blow-out’ quarter for Middle East deals
Barclays sees local firms and sovereign wealth funds driving Middle East deals after advising on about $15bn of equity and…
Emirates Islamic Bank to Open Branches in Morocco
Speaking to Arab-speaking Emirati newspaper Al Ittihad, EIB’s CEO, Jamal Bin Ghalaita, said the bank is planning to explore the…