Return of margins: UAE banks see good times ahead
A combination of factors ranging from rapid recovery in economic growth supported by rising oil prices, pick up in loan…
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US-listed Brookfield to buy 60% of First Abu Dhabi Bank’s payment subsidiary
First Abu Dhabi Bank, the UAE’s largest lender by assets, has signed an agreement to sell a 60 per cent…
Saudi National Bank looks for new position in Europe, Asia
Saudi National Bank has been revising possible acquisitions of financial organizations in Europe along with Asia, based on a news…
Tamkeen Strategic Partner For IFID
The 3rd Annual Islamic Finance Innovation Day Forum yesterday announced Tamkeen as a Strategic Partner of the event which focuses…
Savills strengthens its global residential development team with key hires and restructure
Savills has bolstered its global residential development consultancy team with two senior hires and a restructure of the global residential…
Qatar First Bank achieves net profit attributable to equity holders of the bank of QR100.37m for the year ended 31st December 2021
Qatar First Bank LLC announced its financial results for the year ending 31 December 2021, recording the Bank’s highest ever…
Kuwait Bourse Plans Derivatives Trading Amid Push for More IPOs
Boursa Kuwait Securities Co. plans to add derivatives and futures products to boost liquidity and attract more companies to list. …
The crypto oasis: How the UAE became the Middle East’s digital asset champion
The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by…
Qatar’s strong banking sector
QATAR’S banking sector has successfully overcome the challenges posed by coronavirus pandemic. Qatari banks’ profitability has been resilient during…
The Global Blockchain Business Council appoints Ola Lind as the UAE Ambassador
The Global Blockchain Business Council has announced the appointment of Ola Lind as one of its 2022 Ambassadors. The…
Al-Kuwari receives Islamic Development Bank president
HE the Minister of Finance, Ali bin Ahmed al-Kuwari on Thursday met Dr Mohamed bin Sulaiman al-Jasser, president, Islamic Development…
Saudi PIF opens New York, London, Hong Kong offices as part of global expansion
Saudi Public Investment Fund, known as PIF, has opened three new subsidiary companies’ offices in London, New York and Hong…