Dubai-Based Dalma Appoints Kanoo as Licensed Director
Dubai-based Dalma Capital Management has appointed Mishal Kanoo to its board of directors. Kanoo is also the deputy chairman of…
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Call for strict control ‘measures’ in banks
MP Abdullah Al-Tureiji has requested the Minister of Finance Anas Al-Saleh to take instant measures on the case involving a…
New alternative growth role for Islamic finance
Islamic finance can play a central role in creating an alternative, more resilient economic and financial system, Central Bank of…
NBK posts net profits of KD 261.8 mln in 2014
The National Bank of Kuwait during its General Assembly meeting Saturday announced net profits of KD 261.8 million (USD 894.2…
UAB chief confident bank will gain from job seekers attracted by UAE growth
United Arab Bank will benefit from a stream of job seekers from other parts of a world still characterised by…
Banque Du Caire mulls resident offices in UAE, Saudi Arabia
Egypt's third biggest state-owned bank, Banque Du Caire studies the inception of two resident representative offices in UAE and Saudi…
Tight regulation in Qatar ensures stability
With such huge potential yet to be tapped in the financial industry and regional security issues putting Qatar under scrutiny,…
UAE banks turn to selfie credit cards and other gimmicks to attract customers
Fawzya Ahmed, an Abu Dhabi-based television presenter, always shied away from credit cards in the past. Then the Islamic lender…
Qatar takes 3rd position among top 10 nations globally for luxury spending
Qatar, Saudi Arabia and Kuwait rank among the top 10 countries worldwide that is most likely to see strong growth…
EFG Hermes: How patience turns to profit
The past 12 months have been busy for EFG Hermes. After a period of consolidation and retrenchment in 2013, the…
UAE may invest in Pak’s gold, copper projects: Durrani
The UAE has shown interest to invest in Balochistan’s Reko Diq exploration project, one of the world’s largest gold and…
Dubai's luxury house price growth flatlines in 2014
The value of luxury residential property in major Gulf cities grew at the slowest rate in Dubai in 2014, a…