nogaholding wins $200m funding from Al Baraka Islamic Bank
Bahrain's Oil and Gas Holding (nogaholding) has announced that it has secured a $200 million revolving credit facility from a…
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Masraf Al Rayan reports a net profit of QAR 1.34bln for year ending December 31, 2022
Net financing assets closed at QAR 118 billion Deposits closed at QAR 97 billion The Capital Adequacy ratio stood at…
Qatar Insurance Company named “Insurer of The Year in Qatar” at The MENA IR Awards 2023
Qatar Insurance Company was named “Insurer of The Year in Qatar” for the second consecutive year at The MENA IR…
NBK reports KD 509.1mln in net profits for the year 2022
NBK record earnings enable the bank’s efforts to support the economy, employ local talents, and boost community investments. Our internal…
Boubyan Bank’s net profits grow by 19% in 2022 to reach KD 57.8mln
Al-Shaya: Excellent Results Despite Domestic and Global Challenges Al-Majed: Our Market Share Reflects Our High-Level Customer Service and Technology Excellence…
Arab Bank Group Report Net Profits of $544.3 Million For 2022, 25% Cash Dividends
Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3…
ESG due diligence on the rise in the mergers & acquisitions scene
The ESG megatrend is increasingly entering the word of mergers & acquisitions, according to new research by KPMG. Dealmakers are…
First climate change readiness index launched for MENA region
As almost every country in the Middle East and North Africa has reduced its per capital emissions from 2015 levels,…
Qatar’s retail sector forecasts steady growth in Q1 2023
The retail industry in Qatar is poised to augment steadily benefiting the economy of the country during Q1 of 2023. …
Oliver Wyman names Souheil Moukaddem global leader of Cyber Risk
Oliver Wyman has appointed Middle East based Souheil Moukaddem as the new global leader of its Cyber Risk practice. …
UAE banks’ investments hit 13-month high in November
UAE banks’ investments exceeded 511 billion dirhams ($139 billion) at the end of November 2022, the highest level in 13…
UAE’s real estate sector to remain resilient in 2023, with growth prospects ahead
A combination of strong business conditions and limited availability of good quality office spaces were broadly responsible for double-digit growth…