Hay Group releases its 2012 compensation and benefits report for Bahrain
Hay Group released its 2012 compensation and benefits report for Bahrain, forecasting a 4.6% average basic pay rise for 2013.…
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BMI Bank extends partnership with Tamkeen
Tamkeen and Bahraini retail and commercial banking institution, BMI Bank, announced an extension to their successful alliance providing Sharia-compliant financing…
Bahrain's takaful growth drops to single digits
The growth of Bahrain's takaful (Islamic insurance) sector dipped to single digits in 2011 for the first time in a…
NBAD targets new markets
The National Bank of Abu Dhabi, or NBAD, will continue to focus on organic growth to expand its operations in…
GCC banking arena showed rapid growth in the H1
The GCC banking sector continued to grow rapidly in the first half of 2012, according to QNB Group analysis. The…
Qatar National Bank picks JP Morgan for Egypt buy: sources
Qatar National Bank, the state lender seeking to boost its regional presence through acquisitions, has hired J.P. Morgan Chase to…
Barclays’ Azar Sees Pick-Up in Middle East Deals and Fee Income
Middle East merger and acquisition deals will probably rise in the next year as sovereign wealth funds look for ways…
Qatar increases fashion interest with own luxury brand
The Arab state of Qatar is set to launch its own luxury brand called Qela. According to the Huffington Post,…
Cold calling still rife in UAE despite ban
The United Arab Emirates Central Bank’s ban on cold calling for all its licensed financial services organisations is not working…
Israeli banks' profits falter on slowing economy
* Hapoalim net profit 607 mln shekels vs 613 mln forecast * Leumi profit 280 mln shekels, below forecast of…
Gatehouse Bank posts profit of $3.2 million
Gatehouse Bank has announced a strong set of interim results for the six months ending 30 June 2012. Total profits…
Barclays names new CEO
Barclays PLC and Barclays Bank PLC have announced that Antony Jenkins has been appointed as a Director and as…