Blue-chips lift Qatar, Banks boost Saudi
Qatar’s stock market rose on Wednesday, lifted by shareholder approval for an increase in foreign ownership limits at Qatar Fuel…
Market Forecasts
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Ebdaa Bank to raise capital using profits
Ebdaa Bank for Microfinance - Bahrain has posted an increase of more than 227 per cent in net profit at…
Islamic Financing Market 2019 Global Strategies – Al Rajhi Bank, Abu Dhabi Islamic Bank, Al Baraka Banking, Dubai Islamic Bank
Global Islamic Financing Market Size, Status and Forecast 2019-2025 The Islamic Financing market report is a most important research…
AUB AGM approves a cash dividend of 15 fils per share
Chairman of Ahli United Bank, Dr Anwar Al-Mudhaf assured that “during the year 2018, the Bank continued to achieve good…
Kuwait generated $24bn worth of debt issuances over last 10 years
Watani Investment Company (NBK Capital), in partnership with the Gulf Bonds and Sukuk Association (GBSA), held the fourth annual Kuwait…
Challenges ahead for Turkey as economy slides into recession
Turkey’s economy has been declared in recession — defined as two consecutive quarters of contraction — for the first time…
Bank Hapoalim Announces 2018 Financial Results
Bank Hapoalim, had announced its financial results for the fourth quarter and full year ended December 31, 2018. Key…
KFH holds AGM, approves distribution of 20% cash dividends, 10% bonus shares
Kuwait Finance House held its annual general Assembly (AGM) yesterday and approved the Board of Directors’ recommendation of distributing 20…
UAE Central Bank foreign currency assets hit $94.82bln in January
The total foreign currency assets held by the Central Bank of the UAE stood at AED348 bn by the end…
Qatar shares edge lower on realty, consumer goods sell pressure
The Qatar Stock Exchange witnessed more than 52% of the constituents in the red, even as its key benchmark declined…
Abu Dhabi hits multi-year peak, blue-chip banks lift Qatar
The Abu Dhabi stock market climbed sharply on Thursday for its biggest one-day gain in nearly three years while Qatar…
Expats in UAE remit $10.8bln in Q4 2018
Expats remittances from the UAE amounted to Dh39.9 billion ($10.8bn) during Q4 2018, 7.7% down against the same period in…