Dubai-Based Dutco Group Of Companies Claims First Middle East Investment In Maldives Leisure Industry
The acquisition by the UAE-based Dutco Group of Companies –owners of JA Resorts & Hotels – of a high-end resort…
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Swiss bank to relocate head of SWF business to Dubai
UBS is relocating Alberto Palombi, head of the investment bank’s global sovereign wealth fund business, to Dubai as deals pick…
KSA banks continue to show resilience
Saudi Arabia’s banking sector is being urged to shun its conservatism and start lending to the SME and housing sectors,…
Dubai Properties to have extended remit
Dubai Properties is to have a vastly upgraded operational role after its parent, Dubai Properties Group, the property development arm…
National Bank Of Kuwait Q1 Net Profit Up 3.2%
National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, reported a 3.2 per cent rise in first-quarter net…
Customer Service “Biggest” Challenge For UAE Banks – Senior Official
Customer service remains a key challenge for banks in the UAE, but a lot of effort is being directed into…
Thirty wealthy Gulf investors sign up for $1.3m EU passport scheme
Around 30 wealthy Gulf residents have expressed their interest in signing up for a controversial Maltese scheme offering European citizenship…
Qatar Islamic Bank boosts online security with new app
Qatari daily The Peninsula reports that QIB has introduced two ways in which a customer may receive an OTP code:…
Saudi's Al Rajhi Bank Q1 earnings slip again on provisions
Al Rajhi Bank reported a slump in net profit for the first three months of 2014 on Sunday, marking the…
Alkhabeer capital's Saudi banking sector outlook
Alkhabeer Capital,, has released its latest Saudi Banking Sector Outlook for 2014. Overview - a stable banking sector …
Commercial Bank gets nod to increase FOL to 25%
Commercial Bank has received approval from the Ministry of Economy and Commerce to increase the foreign ownership limit (FOL) to…
Qatar Lender CBQ Foreign Ownership Limit Upped To 25%
Foreign investors can own from Sunday 25 per cent of Commercial Bank of Qatar’s shares, a statement from the stock…