All Articles

FinTech

Lebanon's Al-Mawarid Bank introduces next-generation online banking solution from Misys

February 2, 2015

Misys, the leading financial software company, today announced that Al-Mawarid Bank, a leading Lebanese commercial bank, has selected Misys FusionBanking…

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Financial Results

Dubai developer DAMAC Q4 profit rises 11 pct

February 2, 2015

Dubai-based property developer DAMAC reported an 11 percent rise in fourth-quarter profit on Monday as it handed over nearly 1,000…

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Executive Moves

Ex-CC adviser takes top post at Saudi capital markets regulator

February 2, 2015

The founding partner at Al-Jadaan & Partners and former adviser to Clifford Chance has been chosen to head the Capital…

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Hedge Funds & Alternative Investments

Saraya Bandar Jissah signs financing pact with Bank of Beirut

February 1, 2015

Saraya Bandar Jissah, the company developing Oman`s newest Integrated Tourism Complex (ITC) in Muscat, have partnered with the Bank of…

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Regulation, Risk & Compliance

HSBC the latest bank to implement FATCA

February 1, 2015

Many people, including American citizens working in the Gulf state, received recently letters from their UAE-based banks asking them for…

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Comment & Analysis

NBAD to host a panel discussion in London on "Future of Sukuk"

February 1, 2015

2014 was one of the most active years in the history of Islamic finance, in which a record 19 jurisdictions…

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Awards and Recognition

Al Masah Capital wins Private Equity Fund of the Year Award, 2015

February 1, 2015

Al Masah Capital had a big night at the 2015 MENA Fund Manager Performance awards for the 6th year running. Al…

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Financial Results

Byblos Bank net profit up 12.5 per cent in 2014

February 1, 2015

Total assets grew three per cent (+$0.6 billion) to $19 billion as at 31 December 2014, while customers’ deposits rose…

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Awards and Recognition

QNB tops ‘most valuable bank’ list in Mideast

February 1, 2015

QNB has been rated the most valuable banking brands across both the Middle East and Africa, according to the Brand…

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Sovereign wealth

Qatar takes tenth of British Airways owner days after Canary Wharf buy

February 1, 2015

The Qataris continued their UK shopping spree yesterday, buying a 10 per cent stake in the owner of British Airways…

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Financial Results

Al Wifaq Finance Company reported a record profit of AED 93.3 million for 2014

February 1, 2015

Al Wifaq Finance Company reported a record profit of AED 93.3 million for the financial year 2014 an increaseof 435?…

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Financial Results

Al Masraf net profits up by 41 per cent

February 1, 2015

Arab Bank for Investment & Foreign Trade has achieved a remarkable increase in its net profit for 2014--reflecting an increase…

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