National Bank of Oman Q4 profit jumps 48pc
National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a 47.8 percent rise jump in fourth-quarter net…
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Abu Dhabi’s Aldar to Buy Sorouh in $1.5 Billion Deal
Aldar Properties PJSC agreed to buy Sorouh Real Estate PJSC in a 5.5 billion-dirham ($1.5 billion) deal that would create…
DIFC delivers robust performance in 2012
Dubai International Financial Centre delivered a robust performance across all areas of the business in 2012 in spite of global…
Kuwait's NBK reports full-year profit up 1%
National Bank of Kuwait, the Gulf state's largest lender, said full year profit increased about 1 percent, even though the…
The Family Office helps make a new investment tradition
When Mohamed Al Omran founded The Family Office almost 10 years ago in Bahrain to service the region's network of…
Dubai shifts Amlak's DIFC cases to special committee
Dubai's ruler has ordered the transfer of all legal action in the Dubai International Financial Centre courts involving Amlak Finance,…
RAKBANK launches Islamic banking
RAKBANK, the retail and small business bank in the UAE, is starting 2013 with the launch of its new Islamic…
NBO launches Muzn Islamic banking operations
National Bank of Oman opened its Muzn Pure Islamic banking branch to customers on Wednesday. The bank in a statement…
Deutsche Bank recognized by Islamic Finance news
Deutsche Bank announced that is has been recognized by Islamic Finance news as the Best Islamic Trustee/Custodian 2012. In addition,…
Oman's Bank Muscat Q4 net profit rises 15.1%
Bank Muscat, Oman's largest lender, posted a 15.1 percent increase in fourth-quarter net profit on Thursday, Reuters calculations show, in…
USD55m FWU sukuk sets new standards
FWU Group, a Munich-based financial services company, recently issued a USD 55 million sukuk, the first ever by a German…
BNY Mellon Reports Fourth Quarter Earnings Of $622 Million Or $0.53 Per Common Share
Investment Management and Performance Fees Up 17% Year-Over-Year Assets Under Management Up 10% Year-Over-Year Net Long-Term Inflows of $56 Billion…