ADIB hosts 2015 Investment Outlook Seminars
Abu Dhabi Islamic Bank’s (ADIB) Private Banking Group recently held a series of seminars for its high net worth customers…
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Islamic Development Bank picks arrangers for dollar sukuk offering
The AAA-rated IDB has picked nine banks to arrange investor meetings in the Middle East and Asia, it showed, adding…
Bahrain's GFH plans $230m sukuk to fund acquisitions
The bank sold $170 million of convertible sukuk murabaha last year to raise money for the investments, Ahmed Khalil al-Mutawa…
ABC Islamic Bank Announces 23 per cent Increase in 2014 Year-End Net Profit of $15.1 Million
Total operating income rose to $22.2 million, increase of 22.7 per cent over last year, positively covering a 22.4 per…
Bahrain Central Bank Chief “Worried” About Banks’ Profitability
Bahrain’s central bank governor has warned of a possible slowdown in economic activity in the Gulf state due to the…
Dubai developers out to prove a point in London
A bunch of Dubai-based developers are not waiting around for overseas investors to come calling on them here. Instead, they…
CBB's Governor: Bahrain doesn't impose taxes on investments
The Central Bank of Bahrain Governor Rasheed Al Maraj said the drop in oil prices had not affected liquidity in…
Bahrain's banking liquidity remains strong
Commercial bank lending in Bahrain is expected to pick up after a slump, and the plunge of oil prices is…
Euromoney Saudi Arabia Set to Examine Opportunities of Kingdom's Economic Diversification
The need for greater economic diversification in the Kingdom of Saudi Arabia - and the opportunities that diversification will create…
Morgan Stanley, BofA set to end US banks' IPO drought in Saudi
The two are close to being hired as lead arrangers on the initial public offering of Fawaz Alhokair Group’s malls…
Banking stocks send Tadawul higher
Most Gulf stock markets stood nearly still on Tuesday as oil prices seesawed and investors waited for the US Federal…
CBB tightens rules on banker bonuses
New rules that restrict big bonuses for bankers in Bahrain have been implemented by the Central Bank of Bahrain since…