Grant Thornton Abdulaal appoints new director
Grant Thornton Abdulaal, a leading professional services firm that offers audit and advisory services, has appointed Sunil Thakkar as the…
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Mumtalakat given highest rating for transparency by Sovereign Fund Wealth Institute
The Linaburg-Maduell Transparency Index is one of the world’s most influential benchmarks in measuring sovereign wealth funds’ commitment to transparency. …
Gulf International Bank announces full year profit of $85.6 million
GIB recorded consolidated net income after tax of $85.6 million for the year ended 31 December 2014, compared to $121.5…
Clinton Haswell joins du to spearhead SME growth
du has appointed Clinton Haswell as Vice President of SME Marketing. Today, du is a leader in providing pioneering…
Coface & Oman Insurance enter partnership to offer credit insurance solutions
Coface, global credit insurance leader and Oman Insurance Company, the Dubai-based leading insurance provider in the UAE, have signed a…
Oasis Capital reports net income of $13.2m
Oasis Capital, a Bahrain-based investment firm, has reported net income of $13.2 million for last year. The company said…
Qatar's ETF to help pace of foreign fund inflow
A flurry of foreign money is expected to propel Qatar Exchange with the launch of its debut Exchange Traded Fund.…
Riyad Bank, MasterCard jointly launch rebranded Riyad Bank debit card
Riyad Bank and MasterCard have partnered together to launch a new range of MasterCard debit cards for the Bank's customers,…
UAE bank bonds dominate Gulf as companies absent
For the first time since 2009, the number of Gulf corporate bond sales this year is zero. Banks have been…
Al Baraka Banking Group plans to issue Sukuk in Jordan
Al Baraka Banking Group’s 66.01 per cent-owned subsidiary Jordan Islamic Bank is the oldest of the four Islamic banks in…
ETI Gets $1bn Funding in Six Months
Ecobank Transnational Incorporated, the parent company of the Ecobank Group has raised about $ 1billion in the last six months…
Standard Chartered signs deal with Marhaba
Standard Chartered Bank has announced a partnership with Marhaba Bahrain after signing a deal that offers all Standard Chartered Platinum…