Meethaq opens new branch in Ibra, Oman
H.E Sheikh Saqr congratulated Meethaq for extending the branch network to all parts of Oman and setting a benchmark for…
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Six finance firms with growth strategies in the Middle East
Wading through banks’ strategy announcements can be a tricky business, filled as they are with jargon and euphemisms designed to…
Qatar Committed to 2022 World Cup Spending No Matter Oil
Qatar, host of the 2022 World Cup, will spend more than half its $60 billion budget for 2014-15 on new…
Noor Takaful enters into Banca Takaful partnership with DIB
The Banca Takaful agreement signed seeks to deliver Shari’ah-compliant savings plan with Takaful benefits to customers looking for Islamic financial…
LMC net profit hits $3.4m
Wholesale Islamic bank Liquidity Management Centre yesterday announced a net profit of $3.38 million for the first nine months of…
Net Income of Al Baraka Banking Group rose by 5% to US$207 Million in the First Nine Months of 2014
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that it has achieved a net income…
Abu Dhabi National Takaful Company reports profit for 3Q2014 of 24.8 million
Takaful posted a profit for the period ended 30 Sept. 2014 of AED 24.8 million In addition, Takaful realised an…
Turkey's Bank Asya falls to Q3 loss
Turkey's Bank Asya on Tuesday posted a third-quarter net loss on loan provisions and a shrinking balance sheet but said…
Kroll appoints new MD for financial investigations team based in Dubai
Kroll has announced the appointment of John Tudorovic as managing director and head of its financial investigations team in Dubai. …
Egypt's EFG Hermes posts 57 pct rise in Q3 profit
EFG Hermes, one of the Middle East's largest investment banks, posted on Tuesday a 57.4 percent year-on-year increase in third-quarter…
Emirates Islamic appoints Head of Human Resources
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the appointment of Emirati national Hessa…
Saudi Arabia’s NCB Seen Surging After IPO Is Discounted
Investors in the $6 billion initial public offering of Saudi Arabia’s National Commercial Bank may see the shares surge after…