Bank Nizwa promotes Islamic Finance to corporate and SME clients in Salalah
Bank Nizwa organized and hosted a special dinner for its Wholesale Banking clients in the Governorate of Dhofar. Guests from…
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Fraudsters target UAE jobseekers with fake migration offers
An official with VFS Global said there are plenty of cases of people being cheated with bogus offers. Fraudsters…
StanChart's Singapore-based private equity spinoff plans Middle East investment
Affirma Capital, the private equity spinoff of Standard Chartered Plc, plans to complete at least one acquisition in the Middle…
Start-ups: Why are only 14% of investments in Middle East companies founded by women?
The latest report by event organiser Arabnet, in partnership with The Mohammed Bin Rashid Establishment for SME Development (Dubai SME),…
Dubai Financial Services Authority Signs MOU with the Central Bank of Egypt
The Dubai Financial Services Authority signed a memorandum of understanding with the Central Bank of Egypt to enhance the relationship…
Ithmaar Bank Upgrading, Relocating Muharraq Branch
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced yesterday that it is upgrading and relocating its Muharraq branch to a…
UAE’s four largest banks post H1 profit above $5bn
The UAE's four biggest banks reported first-half net profits rose to Dh19 billion ($5.3 billion), helped by asset growth and…
Investcorp reports full-year income up 5pc to $131m
Bahrain-based Investcorp, a leader in alternative investment products, has reported a net income of $131 million for the 12 months…
Saudi British Bank posts Q2 loss as merger-related costs increase
Saudi British Bank reported a net loss of 254 million Saudi riyals (Dh248.7m) in the second quarter of the year,…
Bank ABC Islamic H1 net profit up 21pc to $18.9m
Bank ABC Islamic has announced a first half net profit of $18.9 million, 21.1% higher than the profit of $15.6…
CFA Society Emirates appoints new Board of Directors
CFA Society Emirates, the local UAE member society of CFA Institute, announced today the appointment of Mr Richard Lee, CFA,…
Sarwa Capital postsprofits in H1
Sarwa Capital Holding for Financial Investments SAE announced Tuesday, in a statement sent to EGX, the financial results for the…