More than $1bn deposited in Malaysian prime minister's account – report
Wall Street Journal identifies further deposits into private account of Najib Razak, far more than $681m – reportedly a Saudi…
Investment Banking
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QInvest Doubles Shareholders’ Dividends
QInvest announced, at its Annual General Meeting, that shareholder dividends have doubled after a record year of growth. The…
Profit repatriation impedes acquisition deals in local market
A number of foreign airlines, such as Air France and KLM, have halted their flights to Egypt which raises the…
Boost your financial career with a specialisation
A career in banking and financial services is one of the most glamorous and lucrative careers for many young people. …
UGB announces results for 2015
United Gulf Bank B.S.C. announced its financial results for 2015. Key Financial Highlights for 2015: · Net…
Will VAT affect UAE residents? Here's your answer
The rate of tax at five per cent, as recommended by the World Bank and the International Monetary Fund, is…
Did Barclays PLC Take an Illegal Route During 2008 Crisis?
Barclays PLC has been recently accused of secretly paying investors in Qatar, around £346 million to ensure their participation, in…
Turkey could become interest-free financial hub, Al Baraka Banking CEO says
Adnan Ahmed Yousif, the head of Al Baraka Banking Group, one of the foremost experts in retail, corporate and investment…
Bank Muscat says opening Iran office
Bank Muscat, Oman's largest lender by market value, is opening a representative office in Iran, the bank said on Thursday,…
Bahrain denounces 'unwarranted' ratings downgrade
Bahrain’s banking regulator has strongly criticised ratings agency Standard & Poor’s downgrade of Bahrain. Central Bank of Bahrain Governor…
Qatar's Masraf Al Rayan sees 8-10 pct profit growth in 2016 – chairman
Qatar's largest sharia-compliant bank Masraf Al Rayan is expected to post annual profit growth of between 8 and 10 percent…
Bahrain to discuss bank regulations with US
Bahraini authorities will discuss with the US Treasury the problem of international banks becoming reluctant to deal with banks in…