NBB reports BD 28.74 m profits in the first half, up by 7.4%
The National Bank of Bahrain (NBB) recorded a Net Profit of BD 28.74 million (US$ 76.44 million) for the six…
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National Bank of Fujairah profit rises 30.5% to Dh239.5 million in first half
National Bank of Fujairah said its first-half profit jumped 30.5 per cent amid a booming economy that has increased demand…
Sharjah Islamic Bank announces a 50% rise in first half net profit
Sharjah Islamic Bank (SIB) on Monday reported 50 per cent increase in its first half 2014 net profits to Dh202.1…
Bourse Company to offer model for privatisation in Kuwait – Chairman
Convening the Kuwait Bourse Company Constituent General Assembly on Sunday goes on line with the orientation of the Kuwait Capital…
Bahrain Bourse Goes Live With Its Upgraded Trading Engine Powered by NASDAQ OMX
Bahrain Bourse and NASDAQ OMX Group, Inc., today announced that Bahrain Bourse has gone live with their new trading engine,…
Kuwait's KFH reports 6.4% rise in Q2 net profit
Kuwait Finance House, the country's biggest Islamic lender, reported a 6.4 percent rise in second-quarter net profit on Monday, slightly…
Refile- Turkiye Finans raises $252 mln from first sukuk issuance in Malaysia
Turkish lender Turkiye Finans Katilim Bankasi has raised 800 million ringgit from an Islamic bond in Malaysia, its first issuance…
Islamic banking held back by lack of liquidity in market
Fadi Yazbeck, Product Manager for Islamic Banking at Temenos, represented technology vendors at the Dubai Islamic Economic Roundtable Series 2014…
Qatari lender Al Khaliji names acting CEO
Qatar's Al Khaliji Commercial Bank has named Hesham Ezzdine as its acting group chief executive officer, a statement from the…
Billionaire's investment firm reports second-quarter profit up by 16%
Saudi Arabia’s Kingdom Holding, the investment firm owned by billionaire Prince Al Aaleed bin Talal, reported a 16.8 per cent…
Former banker now a legal eagle in Dubai
Abdulhakim Binherz left Emirates NBD in May after working 33 years at the bank to start an eponymous law firm.…
Al-Dakheel sets standards in KSA finance sector
Kholoud Al-Dakheel, businesswoman, has a special imprint on the business world, which started when she joined the administrative team in…