UAE, Saudi Arabia Rise While Qatar Drops In Prosperous Nations Index
The annual report issued by London based think tank Legatum Institute ranked the UAE at 39 globally jumping from 41…
Financial Results
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KPMG prepares firms in Qatar for new IFRS
In the coming months, Qatar’s banks and other financial institutions will be implementing long-awaited changes to the way that they…
UAE banks post profits of $7.8bn in nine months
Banks operating in the UAE posted profits of Dh28.8 billion ($7.8 billion) during the first nine months of 2017, a…
Emirates NBD Egypt revenues reach LE1.4 bln in 3Q 2017
Emirates NBD Egypt a major subsidiary of the Emirates NBD Group has delivered a solid set of financial results in…
EMEA sub-advised fund industry sees 1.7 per cent growth in Q3
The EMEA sub-advised funds sector has seen overall growth in Q3 of EUR7.6 billion (+1.7 per cent) with 44 per…
Qatar non-oil economy to see moderate growth
Qatar’s non-oil economy looks set to comfortably avoid a recession as the “initial shock” to the system via disrupted trade…
First Abu Dhabi Bank Share Deals Hit $3.6 Billion in 10 Months
A total of Dh13.2 billion worth of purchase and sales transactions in shares of First Abu Dhabi Bank have been…
Saudi banks post steady year to date growth in net interest income
Saudi Arabia’s 12 domestic banks reported a 3.2 per cent increase in aggregate net profits for the first nine months…
Emaar third quarter net profit soars 32%, beats analysts' forecasts
Emaar Properties, the UAE’s largest real estate developer that built Dubai's Burj Khalifa, posted a 32 per cent increase in…
GFH records net profit Q 3 of US$87.23 m
GFH Financial Group announced a net profit attributable to shareholders of US$87.23 million for the nine months of the year…
World Finance Recognises SaudiMed As The Best Investment Bank in Saudi Arabia in 2017
World Finance magazine has given SaudiMed Investment Company, Bankmed's investment banking arm in Saudi Arabia, the Best Investment Bank Award…
SHUAA Capital reports highest profit since 2007
The Group recorded profits for the third consecutive quarter as its turnaround under the new board and executive management team…