Ahlibank’s net jumps 47pc
In a reflection of the robustness of its core operations, ahlibank SAOG’s net profit surged 47 per cent to RO…
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Commercial Bank of Qatar delivers solid results in Q1
Commercial Bank of Qatar ("Commercialbank" or "the Bank") has announced its financial results for the quarter ended 31 March 2012.…
NBAD sees Q1 profit rise 12pc
National Bank of Abu Dhabi (NBAD) has reported 12% increase in net profits to Dhs1,041m for the quarter ended 31…
Middle East investors goes cold on deal to buy part of RBS
Middle East investors are believed to have pulled back from negotiations to buy part of Royal Bank of Scotland, in…
Gatehouse Bank realises GBP34.4m Real Estate Investment in UK
Gatehouse Bank today announced the successful delivery of its realised investment in UK real estate, through the sale of a…
HSBC Islamic Hedging, Investment Grew Double-Digits in 2011
HSBC Holdings Plc’s (HSBA) Islamic risk management business posted double-digit growth last year on rising demand for Shariah-compliant hedging and…
Zurich and HSBC join forces in MENA distribution deal
HSBC Middle East has entered a strategic partnership with Zurich and selected them as their exclusive partner for the distribution…
New appointment at Deutsche Gulf Finance
Deutsche Gulf Finance (" DGF "), a joint venture between Fahad Al Rajhi and Deutsche Bank, has announced Saturday the…
BankMuscat to open seven branches for Islamic banking
BankMuscat, Oman’s biggest financial institution, is planning to open seven dedicated branches for offering Islamic banking services through window operations,…
Stephenson Harwood set for Dubai launch
Stephenson Harwood is gearing up to launch in Dubai as the firm sets its strategic sights on growth in the…
National Bank of Abu Dhabi launches real estate fund
National Bank of Abu Dhabi has launched a real estate fund in partnership with a Kuwaiti firm to seek investment…
Mideast 2012 bond issuance may hit $40bn: StanChart
Bond issuance out of the Middle East could rise to $40bn in 2012, more than 50% above last year’s levels,…