Banque Saudi Fransi posts 3.2 pct rise in Q2 profit
Banque Saudi Fransi, a lender part-owned by Credit Agricole, posted a 3.2 percent rise in its second-quarter net profit on…
Financial Results
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Oman's Islamic banking assets up 64 per cent in 2015
The CBO Annual Report 2015 reflects the overall assessment of Oman’s macroeconomic developments during 2015 and analyses major sectors of…
Oman Outperforms GCC In World Bank Logistics Ranking
The World Bank ranking of global logistics performance has placed Oman 11 places higher than 2014, reflecting major improvements in…
KFIC Report for the Global and GCC Financial Markets in June 2016
Kuwait Finance and Investment Company clarified in its financial report for June; that global equities remained in neutral territory during…
Qatar's Barwa Real Estate Q2 net profit nearly trebles
Qatar's Barwa Real Estate , one of the Gulf Arab state's largest listed developers, reported a near-trebling of second-quarter net…
A Look at Bahrain’s International and Domestic Investment Strategies
Although Bahrain was the first Gulf Cooperation Council member to become a major financial hub, the Gulf Arab kingdom still…
Middle East’s preference for offshore wealth managers on the rise
Millionaires from the Middle East and Africa region increasingly prefer to manage their wealth in the offshore centres according to…
Dubai Prime-Residential Market outperforms overall market in Q1 2016
The prime-residential market in Dubai beat the overall residential market by nearly doubling in volume of sales from the fourth…
Qannas Investments reports on 'challeging year'
Emerging markets investing company Qannas Investments reported on what it called a “challenging” 2015 calendar year on Wednesday, posting losses…
Middle Eastern Stocks Slump as Investors Weigh Brexit Fallout
Middle Eastern stocks followed declines across global markets as investors sought answers to how Britain’s decision to leave the European…
Visionary leadership key to Eastern Province’s economic transition
H.R.H. Prince Saud Bin Naif Al-Saud prioritizes partnerships, cooperation and job creation to usher in new era for the beating…
NBAD Sukkuk Fund earns annualised yield of 5.2 per cent
“Sukuk in the GCC and further afield have traded well in recent months in line with rising oil prices, following…