Swiss Private Bank opens ME office
The Central Bank of Bahrain (CBB) has upgraded BSI SA's, License in the Kingdom of Bahrain from a Representative…
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Bahrain's largest lender posts 11% Q3 profit rise
Ahli United Bank, Bahrain's largest lender by market value, saw its third-quarter net profit rise 11 percent, as its earnings…
Most Digitally Mature Companies are 26 Percent More Profitable Than their Industry Competitors – RESEARCH
Capgemini Consulting in partnership with the MIT Center for Digital Business has announced the findings of a global research…
HSBC Oman’s strong performance instills confidence in integration
HSBC Bank Oman SAOG has demonstrated solid financial performance for the nine month period ended September 30, 2012 reporting a…
Prince Alwaleed's fortune soars 32%
Saudi billionaire Prince Alwaleed bin Talal saw his fortune soar 32 percent to US$22.9bn in the last year, making him…
UBS Appoints New Investment Bank Team
UBS has appointed a handful of bankers to run its retooled investment bank, days after the Swiss bank announced…
DIB reports net profit for the first 9 months
Dubai Islamic Bank on Sunday posted a net profit of Dh854 million for the first nine months of 2012 compared…
UAE's SWFs assets under management rise to $811.7 billion
Total assets under management of the UAE’s sovereign wealth funds rose to $811.7 billion in September 2012, registering an increase…
ADCB signs MOU with Banco Santander
Abu Dhabi Commercial Bank (ADCB) and Banco Santander, Europe’s largest bank by market capitalisation, have signed a memorandum of…
Strong growth predicted in IT spending by GCC's Islamic finance industry
Islamic banking services have gained in popularity and are now distributed across both Muslim and non-Muslim countries, with many…
EFG Hermes eyes Turkey, Iraq, Libya after sealing JV
Egyptian investment bank EFG Hermes aims to expand into Turkey, Iraq and Libya and plans to grow its asset management…
KFH Research ltd signs MoU with World Bank
Kuwait Finance House (KFH) Research Limited signed an MoU with the World Bank to bolster efforts in developing Islamic financing,…