Finance staff unhappy with bonuses
Bankers are known to pocket fat bonuses, but a high proportion of the Middle East’s financial services workers are showing…
Investment Banking
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Bahrain: BIBF budget is approved
Bahrain Institute of Banking and Finance's (BIBF) last year's financial statements, strategic initiatives as well as the proposed budget for…
Emirates Investment Bank reports Q1 2014 results
Net profit was up by 26 per cent to AED 19.5 million compared to AED 15.4 million in Q1 2013.…
Sahara hotels in London, New York attract Gulf billionaires
Sahara's luxury hotels in London and New York are drawing interest from Gulf billionaires. The Al Thani's, members of…
Al Hilal Bank launches fund to invest in global equities and sukuk
New offering aimed at emulating bank’s GCC Equity Fund’s impressive return of 55.89% since inception. Al Hilal Bank has…
Gulf Banks: Epitome of resilience and savvy
The one constant in the Gulf region’s banking sector over the last six years has been change. Post the 2008…
Dubai's DP World in talks with banks for $3 billion loan – sources
Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1 billion (595…
Four years later, lenders are sitting pretty
More than four years on from a debt crisis that hampered their earnings, UAE banks have for the most part…
Gulf finance house announces constitution of it's board of directors
Gulf Finance House, the Bahrain based Islamic investment bank, today announced the conclusion of the first meeting of the Bank's…
Arab banks step in as Western rivals cut operations in region
Major Arab banks with money to spend are expanding across the Middle East in markets such as Egypt and Iraq,…
Arab banks see Middle East opportunities as some global banks scale back
Big Arab banks with money to spend are expanding across the Middle East in markets such as Egypt and Iraq,…
Arab banks see Mideast opportunities
Big Arab banks with money to spend are expanding across the Middle East in markets such as Egypt and Iraq,…