03/05/2014
Egypt's economy has been battered by more than three years of political turmoil since a popular uprising ousted Hosni Mubarak in 2011, driving away tourists and foreign investors.
03/04/2014
Al Salam Bank-Bahrain has launched the world's first Asian real estate investment trust fund that invests along Sharia principles.
03/03/2014
Citibank Bahrain and Kempinski Grand & Ixir Hotel at Bahrain City Centre have signed a deal to provide multiple privileges and seasonal offerings from the hotel to the bank’s customers.
03/03/2014
Gulf Finance House, the Bahrain based Islamic investment bank, today announced the signing of two development agreements for real estate development in India.
02/27/2014
Saudi Arabia's government plans to sell a 15 percent stake in National Commercial Bank, the country's largest lender by assets, in an initial public offer that would be the kingdom's first bank IPO since 2008.
02/26/2014
Shareholders yesterday agreed to the board’s proposal to foray into bancassurance
02/26/2014
The Walla report highlighted that the direct impact of this boycott could be zero
02/26/2014
BBK we are committed to offering our clients a comprehensive range of investment products
02/25/2014
The proposed deal is expected to provide significant value creation for shareholders
02/25/2014
The role of foreign direct investment in the Arab and regional economies will be highlighted with a special focus on emerging markets at the upcoming Annual Investment Meeting in Dubai.
02/24/2014
Frontier markets with managed exchange rates from Dubai to Vietnam and Nigeria are luring equity investors fleeing the currency turmoil in larger developing economies.
02/24/2014
Bahrain-based Gulf Finance House , whose unit is in the process of selling a majority stake in English soccer club Leeds United, said on Sunday its fourth-quarter net profit more than doubled due to revenue derived from investments.
02/23/2014
Dubai developer Nakheel said on Sunday it has initiated early repayment of 2.35 billion dirhams of bank debts 18 months ahead of maturity in September 2015.
02/20/2014
First Gulf Bank said it expects a trio of forces – Dubai’s mandatory health insurance, the UAE’s economic growth and product innovation – will help to more than quadruple the insurance premiums it collects to US$1 billion a year.
02/19/2014
Dubai to ease finance fears with $10bn debt deal
Improved terms for $10bn debt roll-over deal a sign of the revival in Dubai's fortunes after World Expo win
02/19/2014
Dubai developer inks deal for luxury Dominica hotel
A Dubai developer has signed a memorandum of understanding with the government of Dominica for the construction of a high-end luxury brand hotel in the north of the holiday island.
02/19/2014
The Waqf Fund, a Bahrain-based special fund to support Islamic finance training, education and research, has joined hands with University of Bahrain to provide financial support to its 4-year Bachelor degree in Shari'a for Banking & Finance progr
02/19/2014
Commercial Bank International retail banking head David Power said that the company is pleased to partner with Zurich International Life
02/19/2014
Dubai has reached agreement on rolling over $10 billion in debt extended by the central bank of the United Arab Emirates during the global financial crisis
02/18/2014
Mashreq is to allow foreign investors the opportunity to own up to 49 per cent of its capital.