Grant Thornton's unit posts strong growth
The Bahrain operation of a leading professional services firm is seeing rapid growth affirming a revival of economic activity. …
Financial Results
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Lebanese lenders may see profits go up: Salameh
Central Bank Governor Riad Salameh predicted modest growth in the profits of Lebanese banks in 2014 despite the difficult political…
Mashreq Expects Consumer Bank Profit Surge on Wealth, SMEs
Mashreqbank PSC, Dubai’s third-biggest lender, expects its consumer business profit to double this year, driven by the wealth and small…
Moody’s affirmation reflects Int’l Islamic strength: CEO
International Islamic CEO Abdulbasit A al-Shaibei has said recent Moody’s recent affirmation of the bank ratings with a positive outlook…
Al Baraka eyes capital hike to expand Islamic financing
Al Baraka Bank Egypt, a joint-stock company, is seeking to increase its paid-up capital to EGP 1 billion (USD 140…
Bank Nizwa keen to bring Islamic finance into
Reflecting on Bank Nizwa's progress as it journeys through its second year of operations, chief executive officer Dr Jamil el…
International Investment Bank announces net profit of over US$6 million for 2013
International Investment Bank, a globally focused investment bank based in the Kingdom of Bahrain and operating in line with Shari'ah…
Islamic banking profitability gains momentum: EY
The Islamic banking profitability is gaining momentum across key markets such as Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey…
Mashreq on its way to double retail banking profits this year
Mashreq’s retail banking business is literally firing on all cylinders doubling profits for the two consecutive years and is set…
Israeli hedge funds outperform with significant growth in assets
The Israel hedge fund industry has seen a 33 per cent growth in assets in the past two years to…
Islamic finance industry yet to address potential risks
ISLAMIC finance weathered the global financial crisis better than conventional banking, but it was not completely immune and has yet…
Qatar main engine of growth in Mena: QNB
GCC countries continue to be the main engine of economic growth in the Middle East and North Africa, with Qatar…