UAE Fund ADFG Targets $100m Finance Buyout By June – CEO
Abu Dhabi Financial Group aims to complete the $100 million buyout of a local financial services firm by June, strengthening…
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Gulf Arab states may need to rethink policy -Qatar c.banker
Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, Over the next…
Gulf Bank Posts a 10% increase in Net Profit to KD 35.5 Million in 2014
Operating Profit reaches KD 106.8 Million. Net Profit at KD 35.5 Million up by 10%. Loan book growth…
Dubai Investments to Expand
Dubai Investments, a leading investment company listed on the Dubai Financial Market, has announced expansion plans across its diversified portfolio,…
Gulf Bank Q4 net profit climbs 10.7 pct, proposes stock dividend
Kuwait's Gulf Bank , the Gulf State's fourth-largest lender by assets, reported a 10.7 percent rise in fourth-quarter net profit…
Union National Bank announces profit of AED 2,021 million, up by 16 per cent
Union National Bank (UNB, reported another year of record profit with the UNB Group profit being AED 2,021 million for…
Bahrain's Ahli United Bank says chairman resigns for personal reasons
Ahli United Bank, Bahrain's largest lender, has accepted the resignation of its chairman, who is stepping down for personal reasons…
HSBC Bank Oman announces its results for the year ended 31 December 2014
HSBC Bank Oman S.A.O.G. announced a net profit of RO12.2m for the year ended 31 December 2014, which represented an…
Four investment banks that will be hiring in the Middle East in 2015
Investment bankers in the Middle East are still facing an uphill struggle to boost the volumes in the region. …
Bank Audi Consolidated Activity Highlights as at End-December 2014
In 2014, the Lebanese economy has witnessed a relative improvement in performance, though much lower than its potential capacity, within…
HSBC said to appoint Saudi Arabia Chief Executive
Najm joined Europe’s biggest lender from Saudi British Bank, where he was general manager of retail banking and wealth management,…
State to fuel Islamic finance boom, Turkey banks chief says
Akyuz foresees the country’s interest-free assets increasing by 30 per cent to $60 billion in 2015, up from 1.2 per…