Union National Bank’s Itihad Fund posts 12.66% gains
Union National Bank said on Monday its Al Itihad Fund posted a performance of 12.66 per cent as of December…
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Home financing agreement signed by Bank Nizwa and Zawaya Development
Bank Nizwa, Oman’s first Islamic Bank, has signed an agreement with Zawaya Development to provide home financing solutions for potential…
Warba Bank announces its annual financial results for 2014
Warba Bank has announced its annual financial results for 2014 demonstrating remarkable growth across all indicators of the Bank supported…
Sovereign wealth funds to back £10bn O2 tie-up
Several of the world’s wealthiest state-backed funds are in talks to provide financial backing for O2’s industry-changing £10bn tie-up with…
RAKBANK, Kalyan Jewellers Launch ‘Goldback’ Credit Card In UAE
RAKBANK has partnered with India-based Kalyan Jewellers to launch a new co-branded credit card that offers users goldback for purchases.…
Deloitte: Will 2015 be a turning point for banks’ profitability
With the post-crisis remediation hopefully behind it, 2015 is shaping up to be the year the banking industry moves past…
Al Baraka Bank Egypt net income up 36 per cent
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG) and its investment arm in…
DWG restructuring boosts asset quality of UAE banking sector
Emirates NBD is the biggest beneficiary of second round of restructuring that will boost asset quality across sector. The…
Home financing agreement signed by Bank Nizwa and Zawaya Development
Bank Nizwa, Oman’s first Islamic Bank, has signed an agreement with Zawaya Development to provide home financing solutions for potential…
Regulation, tight pricing overshadow Gulf's capital-boosting bonds
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing…
JLL tops Sovereign Wealth Fund Institute Financial Advisory League Tables for H2 2014
JLL has been ranked number one financial advisor by number of real estate transactions by the Sovereign Wealth Fund Institute…
KAMCO Wins ‘Kuwait Asset Manager Of Year’ Award
KAMCO, a leading investment company with one of the largest AUMs in the region, announced that it has won the…