Gulf Finance House responds to press coverage of dispute verdict
GFH noted that the verdict announced by the BCDR against Janahi and the bank ‘has not been executed’. The…
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Dubai lender ENBD Q2 net profit jumps 34.8pc, beats estimates
Emirates NBD the largest bank in UAE by Total Income and branch network, delivered an impressive set of financial results…
Clifford Chance launches Dubai-based training contract
Clifford Chance has launched a Middle East graduate scheme that will see trainees split their time between London and Dubai.…
SR1bn Eid boost: SAMA injects new currencies
The Saudi Arabian Monetary Agency (SAMA) has pumped new Saudi Riyal currencies worth SR1 billion to meet growing demand on…
NBAD asset management MD and CIO steps down
Mark Watts, the managing director and chief financial officer of the asset management division of the National Bank of Abu…
Egypt’s Commercial International Bank unveils record results
Chairman and managing director Hisham Ezz Al-Arab said, "Quarterly revenue of over EGP2bn showed year-on-year growth of 18%, with Egyptian…
Qatar GDP growth expected to remain near 6.4 pct in 2014 – NBK
Qatar's GDP growth is likely to remain near 6.4 percent this year, increasing to 7 percent in 2015, the weekly…
NBK Bahrain reports a net profit of USD 74.1 mln for 1st half of '14, up 38% y-o-y
National Bank of Kuwait - Bahrain (NBK Bahrain), the subsidiary of NBK Group in Bahrain, reported a net profit of…
NBQ posts Dh186.32 million first half net profit
National Bank of Umm Al Quwain (NBQ) on Wednesday reported Dh186.32 million net profits for the first six months of…
Istanbul Home Purchases Double from Foreign Investors
Overseas property purchases in Istanbul saw a rise of 127% from January to April and official figures show that foreign…
Commercial Bank of Qatar Q2 net profit dips 3 pct
Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, suffered a 3 percent decline in second-quarter…
Saudi market opening for direct access a further boost to MENA
Following a cabinet approval, the largest equity market in the MENA region, the Kingdom of Saudi Arabia, should soon become…