Global property investment hits record high thanks to Asian spending spree
Global investment in real estate reached a new record high of $1.62 trillion (£1.17 trillion) in 2017, with Asian money…
Financial Results
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Saudi banks to see 4% lending growth in 2018 – Moody’s
The outlook for Saudi Arabia’s banking system is expected to be “stable” this year, as the kingdom’s economy will return…
Khaleeji Commercial Bank's CEO to formulate new three-year strategy
The first mandate of the new chief executive of Khaleeji Commercial Bank Sattam Al Gosaibi is to formulate a new…
London realty remains red hot even with Brexit cloud
Stop using “Brexit” and “fallout” in the same breath … at least when the conversation is about global investor interest…
Abu Dhabi banks earned over $8bn in 2017
The total earnings of Abu Dhabi’s commercial and Islamic banks rose to AED 30.83 billion ($8.39 billion) in 2017, according…
UAE banks set for strong asset growth and higher profitability in 2018
The UAE’s banking sector is expected to see a steady improvement in asset growth and profitability in 2018 and 2019…
ABK-Egypt’s net operating profit grows 206%
Building on its strong performance since entering the Egyptian Market, Al-Ahli Bank of Kuwait – Egypt (ABK-Egypt) yesterday announced its…
Economic, financial impact on Qatar from boycott is fading: IMF
The direct economic and financial impact for Qatar as a result of the diplomatic boycott with some Arab states is…
Chinese banking booms in Dubai’s financial free zone
China’s big four banks managed to increase their value of assets in the Middle East from 11 billion U.S. dollars…
Dubai International Financial Centre achieves record growth in 2017 as MEASA’s leading financial hub
Dubai International Financial Centre has reported that it has achieved sustained growth of its financial community with the total number…
Gulf markets hit by fears of global trade war, Qatar leads losses
Gulf stock markets were mostly weak early on Monday, taking their cue from Asia where investors dumped shares amid fears…
Shuaa expects 2018 profit to top Dh100m
Shuaa Capital, the Dubai-based financial services firm, is targeting a profit in excess of Dh100 million in 2018, and expects…