Dubai Islamic Bank 1st Quarter 2022 group financial results
Robust balance sheet growth of 3% YTD reach AED 287 billion. Total income of over AED 3 billion, up 6%…
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Banking system outlook upgraded in Bahrain
Bahrain banks’ profitability will return to pre-pandemic levels over the next 12 to 18 months, forecasts Moody’s Investors Service, noting…
QIC Group reports robust net profit of QR230mn in first quarter
Qatar Insurance Company registered a “robust” net profit of QR230mn in the first quarter of 2022, QIC announced last night.…
Saudi Arabia to launch first national strategy for intellectual property rights
Saudi Arabia is soon planning to launch its first national strategy for protecting intellectual property, a top government official said.…
Moody's upgrades Qatar banks outlook to 'stable' on receding Covid-19 challenges
Global credit rating agency Moody's has upgraded its outlook on the Qatar’s banking sector to "stable" from "negative" as the…
New €500 million facility to green Turkey’s financial system
The EBRD has agreed a first transaction under a new financing facility that will benefit thousands of businesses and homeowners…
Dubai’s ICD Explores Sale of $1 Billion IT Services Firm
Dubai’s sovereign wealth fund is exploring a potential sale of British software services company SmartStream Technologies Group, according to people…
Overview of the New UAE Federal Penal Code
The UAE has recently issued a number of legislative reforms as part of its golden jubilee. One such change is…
EMEA Perspectives: From secular stagnation to stagflation?
After latest revisions triggered by the geopolitical escalation, our growth forecast for the Eurozone stands at 2.6 per cent, while…
Dentons recruits Co-Clients and Markets Partner
Dentons has announced that James Batham will be joining the firm as co-Clients and Markets Partner in the firm's UK,…
London beats Dubai as top city for foreign investment in finance
LONDON attracted more foreign investment in finance firms than any other city last year, underlining the Square Mile's attraction to…
Bergen records strong growth in the first quarter of 2022
Bergen Bank has announced financial results for the first quarter ending March 31, 2022. The bank had a revenue of…