Quarterly profits fall 9% in Middle East for HSBC
HSBC said first-quarter profit in the Middle East slipped 9 per cent, dragged down by lower returns from its commercial…
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Doha Bank wins 'Environmental Award' at Arab Organization for Social Responsibility Awards 2015
After bagging a record number of awards and recognitions in 2014, including two prestigious awards for excellence in environmental and…
RAK Hospitality concludes Dh880m debt deal
RAK Hospitality Holding Concludes AED 880 Million Debt Transaction with Mashreq and Arab Bank. Facility will be used for…
RBS returns Qatar banking licence, country head leaves
Royal Bank of Scotland (RBS) has closed its branch in Qatar with its country head departing, RBS said yesterday, the…
Awal Bank wins $700m judgement
A Bahraini bank has won a massive payout from a Saudi businessman described as "one of the biggest monetary judgements…
Iranian Companies Plan Sukuk Sales
About 180 companies are considering Islamic bond sales in 2016 after a decade of international sanctions, according to Hossein Saeedi,…
JIB posts US$ 16.08 million in profits after tax For the first quarter of 2015
Jordan Islamic Bank achieved net profits after tax for the first quarter of 2015 that amounted to about US$ 16.08…
Doha Bank to be a real ‘connector’ between GCC countries and India: Seetharaman
Doha Bank will be a real “connector” between the GCC countries and India, whose businesses seek investment opportunities in two…
RBS returns Qatar banking licence, country head departs
Royal Bank of Scotland has closed its branch in Qatar with its country head departing, RBS told Reuters on Thursday,…
Doha Bank’s Mumbai branch operations set for launch today
Doha Bank, one of Qatar’s leading banking services providers, is all set to begin its Indian operations from Mumbai, the…
Al Baraka to distribute dividends
Al Baraka Banking Group has announced it will start distributing $32.8 million cash dividends for last year to shareholders from…
Qinvest announces strong profit and revenue growth for Q1 2015
QInvest has reported reported strong top and bottom line growth for the first quarter of 2015. For the three month…