Abu Dhabi Commercial Bank to meet investors from Monday for potential USD bond
bu Dhabi Commercial Bank (ADCB) is planning to meet fixed income investors from Monday for a potential benchmark U.S. dollar…
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Global law firm continues development in Middle East
Holman Fenwick Willan has announced several developments to its Middle East practice in support of its continuing investment in the…
Researchers take scientific approach to Islamic finance
Researchers are seeking to apply the principles of game theory to Islamic finance, one of several efforts to shed new…
Dubai's ruler backs major real estate projects
Four major real estate projects being built by Wasl Asset Management Group in Dubai have won the backing of Sheikh…
Why Oil Prices Must Go Up by James Stafford
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and…
Aramco seeks Dh36.7bn bank loan
State oil giant Saudi Aramco is talking to banks about taking a $10 billion (Dh36.7 billion) loan for general business…
Doha Bank names campaign winners
The campaign was a success as large numbers of Qataris and expatriates rushed to avail loans to benefit from the…
Outlook on four Saudi Arabian Banks revised Negative after Sovereign outlook action
Standard & Poor's Ratings Services said today that it has revised its outlooks on four Saudi Arabian banks to negative…
Gulf International Bank reports $85.6m income
Bahrain-based Gulf International Bank yesterday reported consolidated net income of $85.6 million for the year ended December 31, as against…
Electronic payments on mobiles reduce visits to bank branches
Minister of Commerce and Industry Tawfiq Al-Rabiah said the electronic payments depending on mobiles and tablets will remove other traditional…
Threefold rise in cyber security business expected in Arabian Gulf region
The consultancy KPMG expects its cyber security business to grow nearly threefold over the coming years in the Arabian Gulf…
Beema’s profit touches QR40m
The net profit of the shareholders of Damaan Islamic Insurance’s (Beema) touched QR40m for the full-year 2014, up from QR30m…