Why are some of the world's biggest banks leaving the UAE?
Going, going, gone. First it was the Royal Bank of Scotland, then Lloyds, Barclays and Standard Chartered. Foreign banks…
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ICICI ties up with UAE Exchange for instant money transfer
ICICI Bank has tied up with UAE Exchange to offer an instant bank transfer service to the Indians residing in…
Mashreq Capital receives a double win at the MENA Fund Manager Performance Awards 2015
Since 2011 Mashreq , one of the UAE's leading financial institutions has been recognized for the performance of its Fixed…
Shuaa ends quarter down but year up
Shuaa Capital swung to a loss in the fourth quarter as volatile stock markets hit earnings. But strong performances…
UK wealth manager targets Gulf expats
St James’s Place, the fast-growing FTSE 100 wealth manager, is planning to open its first offices in the Middle East…
Al-Nahedh: 2014 Financial Results Match KFH Vision and Set Plans
"Financial results achieved by KFH for the year 2014 have, by the grace of Allah, matched KFH vision and set…
RAM Ratings assigns AA3 preliminary rating to Kuveyt Turk's MYR Sukuk
Kuveyt Türk is the largest Islamic bank in Turkey, with an asset base of TRY 30 billion as at end-June…
Abu Dhabi’s Aldar Q4 Net Profit Rises 61%
Abu Dhabi’s Aldar Properties reported a 61 per cent rise in fourth-quarter net profit on Thursday, beating an analyst forecast…
GIB named 'safest bank' in Bahrain
Gulf International Bank (GIB) has been named the Safest Bank in Bahrain for 2014 by New York based Global Finance…
Gulf Insurance Group reports 2014 net profit of KWD 12 million
The Board of Directors has recommended the distribution of 33 per cent cash dividend (33 fils per share) for the…
Oman Insurance Company posts strong growth in 2014
Oman Insurance Company’s gross written premium grew by 11.3 per cent in 2014 reaching AED 3.25 billion. The significant increase…
Banks stand firm despite fall in oil prices: KPMG
Qatar’s listed banks continued to grow in 2014, despite declining oil prices. The banking sector witnessed robust asset growth;…