Watania agrees to sell stake to Gulf investors
The Abu Dhabi-listed Islamic insurer National Takaful Company (Watania) said on Sunday its majority shareholders had agreed to sell stakes…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47684 articles available
Asset price recovery boosts profits of Islamic banks
Islamic banks operating in the UAE reported robust growth in assets and profits in the first half of this year…
Middle East companies face $91b in refinancing needs
Middle East investment grade companies face refinancing needs of about $91 billion (Dh334 billion) from bank and bond debt due…
New Issuances In Global Sukuk Record Strong Growth In 1H14
A newly released report “Global Sukuk Report 1H2014”, by Kuwait Finance House Research Limited (KFHR), analyses the developments and key…
5th Annual Middle East SME Forum to be supported by Abu Dhabi Chamber of Commerce
Supported by the Abu Dhabi Chamber of Commerce, the 5th Annual Middle East SME Forum will be sponsored by National…
UAE bank results point to strengthening profitability and asset quality
Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of US$50.2 million for the six months ended 30th…
SICO's net profit surges 166pc
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced its financial…
Jordan bank's profit up 16pc
Jordan's Housing Bank for Trade and Finance, the country's second largest lender, posted a 16.4 per cent increase in first-half…
ABC Islamic Bank net profit increases 25pc
lamic Bank yesterday announced that its net profit for the first half of this year was $7.5 million, 25 per…
BKIC net profit surges 30pc
Bahrain Kuwait Insurance Company (BKIC) yesterday announced that net profit for the first half of the current year increased by…
Jordan introduces sukuk rules
Regulators in Jordan have introduced a set of long-awaited rules for the issuance of sukuk, or Islamic bonds, paving the…
Abu Dhabi SWF says 'ready' to buy more hotel assets
The Abu Dhabi Investment Authority is ready to purchase more real estate hotel assets as the right opportunities appear, according…