Middle East investors line-up to buy property in Northern Cyprus
Despite negative perceptions about property ownership in North Cyprus, there has been an increase in the number of Middle…
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Jason Barrass joins Barclays as Head of Africa Trade
Jason will be responsible for Barclays pan-Africa trade business across structured trade, to the flow business, supporting global corporate clients…
Banking giant predicts gold price collapse
ABN Amro, the Dutch state-owned banking giant, recently revised its global macro and gold outlook, forecasting a $1,300 gold price…
Bahrain picks banks for benchmark-sized sovereign bond
The Gulf kingdom of Bahrain has mandated banks for a sovereign bond issue, three banking sources familiar with the matter…
China's second largest law firm opens Israel office
China's second largest law firm Yingke has launched an office in Israel this month via a merger with local firm…
UAE's First Gulf Bank Q1 net profit rises 12 pct
First Gulf Bank, the second-largest bank in the United Arab Emirates by market value, posted a 12 percent increase…
Noor Islamic Bank reports net profits of Dh75.5 million for 2012
Noor Islamic Bank reported a net profit of Dh75.5 million for the full year 2012, up Dh26.4 million compared…
Carnegie Asset Management Fondsmaeglerselskab takes Dubai as regional hub by opening office in DIFC
The new office marks an important stage of expansion for the firm and will be the regional hub for the…
ABC Net Profit Rises 4PC to 56 Million
Arab Banking Corporation yesterday reported a four per cent jump in consolidated net profit for the first quarter of this…
Swiss Bank Pictet’s Water Fund Boosted by Middle East Shortage
Swiss bank Pictet & Cie.’s water fund is profiting from the Middle East’s need to buy the technology to make…
QIB nets QR291m profit
Qatar Islamic Bank’s (QIB) net profit reached QR291m for the first quarter of 2013. The bank’s total assets increased by…
Jordan’s Arab Bank reports small rise in Q1 profits
Jordan-based Arab Bank Group made a net profit of $205.1 million in the first quarter of the year, up from…