MEASA private wealth opportunities during uncertain times
OVERVIEW The Middle East, Africa and South Asia remains a top 3 global region for growth of private wealth…
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ADIB net profit of AED 269.7 million in q1 2020
ADIB has reported a net profit of AED 269.7 million in the first quarter of 2020. Despite the challenging operating…
UAE launches initiative towards ‘unified global legal framework’ for Islamic Finance
We show you our most important and recent visitors news details UAE launches initiative towards ‘unified global legal framework’ for…
Bahrain offers riskiest Eurobond since market hiatus
The Gulf kingdom of Bahrain is poised to become the lowest-rated country selling dollar bonds since the market hiatus triggered…
Bank ABC fuels global growth in trade finance with Fusion Trade Innovation from Finastra
With Bahrain-based Bank ABC aiming to consolidate disjointed workflows and support the growth of its wholesale banking activities, it deployed…
'What's the Point of Staying?': Gulf Faces Expatriate Exodus
A popular Saudi talk show host told private businesses this week it was their national duty to lay off foreign…
Bahrain's Al Baraka Bank looks for acquisitions as coronavirus pandemic hits valuations
Al Baraka Banking Group, a Bahrain-based Sharia-compliant lender, plans to expand its footprint in Asia including India, China and Indonesia…
Fitch Places Gulf International Bank B.S.C.'s Viability Rating on Rating Watch Negative
Fitch Ratings has placed Gulf International Bank B.S.C.'s (GIB) Viability Rating (VR) on Rating Watch Negative (RWN). All other ratings…
Qatar- Bank brokerages account for 46% of QSE trade turnover in April
The commercial banks' brokerage businesses accounted for more than 46% of the trade turnover on the Qatar Stock Exchange (QSE)…
QFB reports 7% increase in income to QR34.2m in Q1
Qatar First Bank (QFB) has reported a profit of QR12.3m for the first quarter of this year (Q1, 2020) attributable…
Refinitiv Releases Findings of Sub-Saharan Africa Financial Crime Survey for 2020
Refinitiv today released its Financial crime in Sub-Saharan Africa Report 2020, which highlights several noteworthy compliance trends. Responses show…
Over 1,000 DIFC companies enrol in end-of-service scheme
Zurich Workplace Solutions has confirmed that the majority of companies based in the Dubai International Financial Centre signed up to…