Ibdar Bank exits Bahrain Sakan Development
The exit, which generated strong returns of 15.95 per cent ROI, follows the final sale of all Saar Central villas…
Investment Banking
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Ahli Bank of Kuwait reports profit up 7.2 per cent to KWD 20.4 million for H1 2015
ABK said net loans and advancements to customers were up by 8.4 per cent over December 2014. Total assets reached…
Commercial Bank and QDB sign New Al Dhameen Program Agreement
Speaking at thesigning, Mr. Abdulaziz Bin Nasser Al Khalifa, CEOof QDB said: "Al Dhameen is a primary program for ensuring…
CBD's H1 net profit rises 5%
Commercial Bank of Dubai, or CBD, recorded five per cent rise in net profit to Dh609.8 million for the first…
Iran banking sector has room for JVs with foreign investors – deputy central bank governor
Iran's financial sector offers opportunities for cooperation between domestic banks and foreign investors, Iranian central bank deputy governor Akbar Komijani…
UBS boosts Middle East investment banking team with Citigroup hire
UBS Group AG hired Citigroup Inc. banker Jad Damaj in Dubai to bolster its Middle East investment bank business. …
Exclusive: After EU labelling, paper proposes banking steps on Israel
The European Union agreed this week to push ahead with labelling Israeli goods made in settlements in the occupied West…
Al-Nahedh: "KT Bank AG" Paradigm Shift in KFH-Group Expansions, Opens New Promising Horizons
" KFH expansion in the global markets is a step further in our ambitious strategy to lead global development of…
SFO Offers Barclays Deal Amid Qatar Probe
Barclays has been asked to sign a deferred prosecution agreement (DPA) in the latest twist to a long-running Serious Fraud…
Warba Bank's first half 2015 net profit rises record 633%
Warba Bank reported a net profit growth of 633% to reach KD 315,000 for the first half of 2015 compared…
Goldman Sachs Said to Seek Saudi Stock Trade License
Goldman Sachs Group Inc., which advises clients on more than $1 trillion of investments, applied to own and trade Saudi…
Barclays considers DPA agreement with Serious Fraud Office over Qatar dealings
The Serious Fraud Office has presented the bank with a deferred prosecution agreement. If Barclays accepts the deal it…