GCC banks set to grow by single digit this year
The overall profitability of Gulf Cooperation Council banks is forecast to grow at high single digits this year, according to…
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Ezdan Holding acquires more than 20% of Islamic Holding Group shares
Ezdan Holding Group has acquired more than 20% of Islamic Holding Group shares through the Qatar Exchange. IHG Group’s…
Egypt's EFG seeks more investment banking revenue from abroad
EFG Hermes, Egypt's largest investment bank, wants to secure 60 percent of its investment banking revenue from abroad by 2017,…
Markaz: GCC banking remains resilient
Kuwait Financial Centre “Markaz” recently published the executive summary of its report on GCC Banking. In this report, Markaz analyses…
Tullet Prebon Opens Dubai Office, Expands Europe Team
Interdealer broker Tullett Prebon's alternative investments team has hung its shingle in Dubai and expanded its Europe team. Gahtan…
Indian investments eyed
Oman is seeking to attract more Indian investment targetting India’s thriving economy as part of its strategy to develop new…
Law and tax expert opens new office in Oman
CMS today announced the opening of a new office in Muscat, Oman, further consolidating its presence in the Middle East…
QDB and SDC Launch Largest Mixed Business Incubator in the Middle East
The 20,000 square meter Qatar Business Incubation Center - the largest business incubator facility in the Middle East - was…
New CEO of Kuwait’s NBK backs bank’s regional strategy
The new chief executive of National Bank of Kuwait has endorsed its strategies of regional expansion and developing an Islamic…
Bank of Baroda is strongly capitalised for expansion
The slowing economy and high interest rates have hit Indian public sector banks hard with their asset quality taking a…
Three of ABG's units win Islamic Finance News Awards
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. ( ABG ) announced that three of its…
Qatar’s Barwa Bank Names Acting CEO
Qatar’s Barwa Bank said on Sunday it had appointed Khalid Yousef al-Subeai as acting chief executive officer, the latest example…