$99 million Arabic palace to be auctioned at Christie’s in Dubai
Auction giant Christie’s is to put a spectacular $99m Arabic palace on the market, as part of its aggressive expansion…
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BLME Holdings report net profit before tax of GBP 5.1 million for H1 2014
The Group increased its operating profit before impairment charges by 177 per cent in the first half of 2014. …
Ziraat To Found Own Participation Bank
Turkey's state-owned Ziraat Bank terminated the negotiations with Bank Asya, an Islamic lender known for its close ties with the…
Turkish assets firm on EU easing hopes
Turkish assets firmed yesterday one day before the central bank in Ankara holds an interest-rate-setting meeting and with investors expecting…
Al Khaliji named ‘Best Operational Bank Qatar’
Al Khalij Commercial Bank (al khaliji) QSC has been awarded the “Best Operational Bank Qatar 2014” by the Global Financial…
Saudi Arabia's bourse hits new six-year closing high
Saudi Arabia's bourse, encouraged by the prospect of opening up to direct foreign investment, resumed its uptrend on Tuesday on…
Faisal Bank gets to grips with Islamic risks
As demand for Islamic banking services continues to rise, Faisal Islamic Bank of Egypt has overhauled its risk management to…
Latham & Watkins advises Uyoun Al-Raed on SAR 1.97 billion real estate Murabaha financing
The law office of Salman M. Al-Sudairi in association with Latham & Watkins represented Uyoun Al-Raed Commercial Company Limited on…
Standard Chartered Looking To Sell Part Of UAE Business
Standard Chartered is aiming to sell part of its business in the United Arab Emirates (UAE) after it agreed to…
Rent inflation in Dubai property market slows down
Residential rents in Dubai are coming down with the preliminary data analysed by Phidar Advisory for the first half of…
Qatar listed firms' profits beat forecast
Qatar's listed companies recorded better-than-expected profits during the second quarter of 2014, but saw a nince percent year-on-year fall. …
Qatar requests return of USD3bn deposit from Egypt
Qatar is requesting the return of its $3 billion deposited in the Central Bank of Egypt, said an Egyptian government…