SICO posts net profit of BD1.127m for Q2
Bahrainâbased Securities & Investment Company (SICO) announced today a net profit of BD 1.127 million for the second quarter of…
Wealth and Asset Management
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Arab holdings of US bonds put at $470bn
The downgrading of the US credit rating will likely have "far-reaching consequences" on the Arab region, according to Chairman of…
Gulf CEOs keep fingers crossed
The downgrade of the US credit rating from AAA to AA+ has caused a lot of concern among the UAE…
Al Baraka’s H1 income surges 15pc to $353m
After deducting all operating expenses, net operating income was up 13 per cent to $170m. The net income…
Fresh Q2 earnings boost Dubai bourse
Most Gulf markets returned to negative territory on Thursday amid wide-spread concerns over the US economy, while a set of…
Abu Dhabi Islamic Bank and UAE Exchange partner for card payments
UAE Exchange has a wide network of branches across the UAE at which ADIB Covered Cardholders can…
Cramer-Salamian reinforces its Dubai team with appointment of new counsel
Cecilia Bicca Paetzelt holds a bachelor degree in Legal and Social Sciences and a post-graduate degree in Business Law,…
BMI Bank signs an agreement with Sinnad
Bahraini retail and commercial banking institution, BMI Bank announced that it had signed an agreement with Sinnad, to manage the…
MDM Bank seeks Arab, Asian sovereign wealth investors
MDM, whose shareholders include businessman Sergey Popov with a 56.3 percent stake and Igor Kim with 11 percent, may offer…
Local markets bounce back, Asian stocks rise
Asian stocks rose on Wednesday morning after the US Federal Reserve said it would keep interest rates on hold…
Bank of Baroda celebrates 103 years of excellence
Bank of Baroda, the only Indian Bank in UAE, celebrated its 104th foundation day with huge fanfare. While speaking on…
Standard Chartered Bank appoints special adviser
Standard Chartered Bank announced today that Sheikha Hanadi Nasser Bin Khaled Al Thani has been appointed as a Special Adviser…