Deloitte appoints new Managing Partner for its Bahrain practice
The Deloitte Bahrain practice has a long history in the country serving international and local clients. It began operations…
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Kuwait's NBK Q2 profit rises 29 pct, misses estimates
National Bank of Kuwait , the Gulf Arab state's largest commercial lender, reported a 29 percent rise in second-quarter profit…
Qatar’s Doha Bank Q2 net profit up 9.9pc
Doha Bank, Qatar's fourth largest lender by assets, posted a 9.9 percent rise in second-quarter net profit on Thursday, in…
Oman's Bank Muscat posts 22 pct jump in Q2 net profit
Bank Muscat, Oman's largest lender, posted a 22.3 percent increase in its second-quarter net profit on Thursday, beating analyst estimates.…
Omani banks post higher growth in first half
The revenue of banks listed on the Muscat Securities Market for the first half of 2014 has been estimated at…
Abu Dhabi Buyout Firm Gulf Capital Said to Consider IPO on Rally
Gulf Capital, an Abu Dhabi-based private-equity firm, is considering an initial public offering in what would be the U.A.E.’s first…
Emerging markets – private banking needs differ
ALL across Asia, Africa and the Middle East, successful business owners are growing their wealth rapidly on the back of…
Arqaam to host GCC-Africa Investors Conference
Arqaam Capital, the specialist emerging markets investment bank, today announced that it is hosting The Arqaam Capital Gulf Cooperation Council…
Middle Eastern Enterprises Tend to Use More ICT Service – RESEARCH
Most of the 121 Middle Eastern enterprises surveyed are expected to significantly increase their ICT budgets in 2014. The…
Jordan's Arab Bank reports 7 pct rise in first-half profit
Jordan-based Arab Bank on Wednesday reported first-half net profit up 7 percent year on year. Net profit after tax…
Second-quarter profit quadruples for Dubai’s Shuaa Capital
Shuaa Capital, Dubai’s oldest investment bank, said its second quarter profit more than quadrupled as it continued to benefit from…
Rich pickings for private banks
The rich are getting richer. And in the oil rich Arabian Gulf, which boasts the greatest portion of household wealth,…