Large sovereign maturities issues hold back net debt growth in Q1 – NBK report
GCC debt markets experienced modest growth in the first quarter of 2014 on weaker private sector issuance and large maturing…
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Emirates NBD sees retail banking boom as here to stay
Dubai: Emirates NBD’s Retail Banking and Wealth Management business has had a fantastic first quarter with 13 per cent growth…
Bahrain's Ahli United Bank Q1 net profit down as one-off gain not repeated
Ahli United Bank, Bahrain's largest lender, posted a 56 percent decline in its first-quarter net attributable profit, the bank said…
FGB launches Global Wealth Management service in Singapore
Abu Dhabi: Abu Dhabi-based First Gulf Bank (FGB), has offered Global Wealth Management Service in Singapore launching its Consumer Banking…
Kuwait joins FATCA in substance
The Ministry of Finance has announced that the State of Kuwait joined the list of countries which agreed initially in…
Technology Set to Transform GCC's Banking Sector
Technology could transform the GCC's banking sector into a global force in the coming years, according to experts set to…
Abu Dhabi’s NBAD Hires From HSBC as Thursby to Recruit 450
National Bank of Abu Dhabi PJSC, the United Arab Emirates’ biggest bank, plans to recruit 450 people this year to…
DAMAC launches Shari’ah-Compliant Hotel Apartments
Constella is a luxury tower under construction in Jumeirah Village. The full management of the project will be carried out…
Ithmaar Development Company, Bin Faqeeh has announced a $45 million residential project at Dilmunia
Dilmunia is a project of Ithmaar Development Company (IDC), which is a wholly-owned subsidiary of Ithmaar Bank, a Bahrain-based Islamic…
Knight Frank: Dubai’s office sector starts off strong in Q1 2014
With office take-up in Dubai has been rising, new supply continues to be released into the market. Consequently, the…
Next 5yrs could be "one of the biggest boom cycles" – Dubai royal
The next five years will be great for investment and the global economy could see "one of the biggest boom…
KAMCO posts KD 3 mln in net profits in 2013
Kipco Asset Management Company (KAMCO) on Sunday announced net profits of KD 3 million (USD 10.6 million) in 2013, with…