Middle East M&A deal volume falls in H1 as investors escape troubled markets
A recent report issued by the auditing and consultancy firm EY found that mergers and acquisitions in the Middle East…
Financial Results
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GCC corporate earnings wanes
GCC corporates posted a negative one per cent growth compared to the same period last year. Saudi Arabia, Bahrain and…
Dubai gold prices remain at Dh156, should you invest?
Gold nudged lower on Thursday, giving up some of its gains made after US President Donald Trump's threat of a…
Bank Nizwa Leads Banking Sector Growth Rate With 200 Percent Surge in H1 2017
Bank Nizwa achieved the highest growth rate in Oman’s banking industry reaching 200% after tax during the first half of…
Kuwait corporate earnings up on strong investment gains
Listed Kuwaiti companies saw a notable rise in profits in the first half of 2017; however, weak revenue growth continued…
Bank of Palestine announces a net profit of $24.72 million for the first half of 2017
Bank of Palestine (BOP), announced its half year 2017 preliminary financial results reporting a gross income of $108.34 million in…
Riyadh, Bahrain, Kuwait's corporate earnings grow — Markaz report
Kuwait Financial Centre (Markaz) stated that during H1-2017, GCC corporates posted a negative 1% growth compared to the same period…
Turkey's non-banking financial sector assets go up
Non-banking financial sector assets increased by 19.5 percent to reach 120 billion Turkish liras ($34.26 billion) in the first half…
Credit Agricole Egypt attain net profits of EGP 949m in H1 2017
H1 profits increase by 50.1% demonstrating the success of the bank’s strategy for growth, which relies on offering distinct services…
Qatar Dispute Puts Pressure on Local Banks
Qatari banks are facing funding pressure, as foreign customers worried about Doha’s intensifying spat with its Arab neighbors withdraw deposits.…
Kuwait’s real estate market liquidity up 7% in July
Kuwait’s real estate market liquidity rose 7 percent in July to 190.2 million dinars (SR2.36 billion) from 177.7 dinars a…
EFG Hermes reports increase in net profits in Q2, H1 2017
EFG Hermes, one of the leading financial services corporation in the Middle East and North Africa (MENA) region, reported on…