Emaar Q2 net profit up 10%, beats estimates
Dubai’s Emaar Properties beat estimates with a 10% increase in second-quarter net profit, driven by a pick-up in property sales…
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Raiffeisen may take Mideast fund as partner, CEO says
Analysts estimate that Raiffeisen (RBI) must find about 2 billion euros ($2.6 billion) in the medium term to meet international…
Financial institutions increasing their focus and resources on risk management – RESEARCH
There is a divergence when it comes to the spending patterns of different-sized firms. Rising focus on board governance, enterprise-wide…
Jordan Islamic Bank Q2 net profit up 21 pct
The largest and oldest of the four Islamic banks operating in Jordan reported a profit of 14.7 million dinars ($20.1…
Saudi's Sedco to distribute Islamic funds via private banks
Jeddah-based investment firm Sedco Capital plans to register its Islamic funds in Switzerland and distribute them through tie-ups with global…
Sidra Capital Goes Live On Agile FT's Agilis Investment Mgmt Suite
Sidra Capital Limited, a Category-3A company, licensed by the Dubai Financial Services Authority, has completed the successful implementation of Agilis…
UNB's Q2 profit rises 7.2%
Abu Dhabi's Union National Bank on Sunday reported a 7.2 percent percent rise in second-quarter profit helped lower provisions…
Al Hilal Bank successfully deploys advanced ETHIX-PCD Islamic banking technology
Al Hilal Bank has announced that it has successfully deployed the ETHIX-Profit Computation and Distribution Islamic banking system from International…
Cyber security must rise up the Boardroom agenda, says KPMG
Cyber security is central to long-term economic growth Government initiative should be grasped with both hands by FTSE 350…
Jadwa Investment Wins Two Prestigious Awards
Jadwa Investment has been named the 'Best Private Equity House in the Middle East' by EMEA Finance, and the…
Faisal Islamic Bank of Egypt profits leap
The Faisal Islamic Bank of Egypt stated that its profits for the first half of the current fiscal year…
Bank of Sharjah to augmenting private banking and wealth management services during 2012
Bank of Sharjah recorded a half yearly net profit of Dh144 million, an increase of 15 per cent compared…