BLOMINVEST Saudi Arabia net profit surges 16%
BLOMINVEST Saudi Arabia , an investment company specialized in asset management, financial advisory services and private equity investments licensed by…
Investment Banking
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HSBC Mideast clarifies on licence cancellation
HSBC Bank Middle East has said its Bahrain operations continue as before and are unaffected by the cancellation of a…
New GFH plan focuses on growth
GFH has restructured its balance sheet with both its cash and equity position much healthier and stronger now than it…
Barclays named 'Best Foreign Investment Bank' in the UAE
Barclays has been named 'Best Foreign Investment Bank' in the United Arab Emirates (UAE) by EMEA Finance at the Middle…
Banking stocks send Tadawul higher
Most Gulf stock markets stood nearly still on Tuesday as oil prices seesawed and investors waited for the US Federal…
Morgan Stanley, BofA set to end US banks' IPO drought in Saudi
The two are close to being hired as lead arrangers on the initial public offering of Fawaz Alhokair Group’s malls…
Saudi Alhokair Close to Hiring Morgan Stanley, BofA for Mall IPO
Saudi Arabia’s Fawaz Alhokair Group is close to hiring banks including Morgan Stanley and Bank of America Corp. to manage…
QInvest 2014 revenue soars 134%
Registering “strong” top and bottom-line growth, QInvest has seen its revenue soar 134% to QR299mn and net profit reach QR88mn…
Fine art of finance with Emirates Investment Bank chief
Most market professionals would agree there is an art to investment, but Khaled Sifri, chief executive of Emirates Investment Bank,…
Was Bank Leumi too hasty in revealing U.S. clients' info to the IRS?
The issue of whether Israeli banks should take the Swiss approach and refuse to disclose customer identities may be a…
Watchdog warned over possible penalty for Bank Asya action
As uncertainties over the management of the Islamic lender Bank Asya continue, auditors from the Banking Regulation and Supervision Agency…
GFH reports net profits of US$17 million for 2014
GFH, the Bahrain based financial group, has announced its financial results for the fiscal year ended December 31, 2014, a…