Credit Agricole Egypt Q1 profit up 15 per cent
Credit Agricole Egypt (CAE) reported 1Q2013 net profit of EGP 146 million, up 15 per cent YoY and 47 per…
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Dubai bank ENBD plans bond sale to boost capital
Emirates NBD, Dubai's biggest lender, plans to tap global debt markets for its first capital-boosting bond issue, as Gulf banks…
Al-Dhabi Investment implements Misys Sophis
Misys and Al-Dhabi Investment have unveiled plans to extend their coverage into new asset classes and financial instruments, made possible…
BLME to open office in Dubai
The UK’s Bank of London and the Middle East plans to open an office in Dubai as its assets grow…
OECD sees action on corporate tax avoidance
National austerity measures taken by OECD member governments as a result of the financial crisis have sparked voter anger at…
PineBridge Investments Middle East appoints new CIO
PineBridge Investments has strengthened its growing Middle East, North Africa and Turkey team with the appointment of Wael Aburida as…
International Bank (Bahrain) reports USD 1.8 in net profit for Q1, 2013
The International Bank's CEO, Dr. Zakariya Higris, in a statement published today said that these profits reflect the Bank's strategy…
ABC Islamic Bank registers USD 3.2 million profits in 1st quarter of 2013
The Bank's total operations' income for the first quarter rose to $4.1 million from $3.4 million last year. The operating…
Deutsche wealth executive joins giant sovereign fund
Sovereign wealth funds in the Gulf Arab region are stepping up spending on infrastrcture assets such as water companies, toll…
Jordan Islamic Bank financial results
Board of directors of Jordan Islamic Bank that is represented by Mr. Adnan Ahmad Yousif, Chairman of the Board of…
Noor Islamic Bank launches reality mobile banking app
Noor Islamic Bank’s augmented reality ‘Bank in Your Hand’ smartphone and tablet application is now available for download from Apple’s…
Oman central bank renews call for supporting SMEs
The Central Bank of Oman has urged licensed banks operating in the Sultanate to show more interest in financing…