Russian sovereign wealth fund to boost deals with Saudi Arabia
Russian sovereign wealth fund RDIF said on Wednesday it was poised to significantly increase its number of investment deals with…
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Central Bank of Kuwait’s CDO on transforming the country’s financial sector
With the rapid expansion of the FinTech sector in Kuwait, the country’s central bank is embarking on a landmark digitalisation…
Abu Dhabi Fund’s Deputy CIO Leaves
Abu Dhabi Investment Authority’s deputy chief investment officer Paul O’Brien has left after a decade at the investment fund. …
Qatar Islamic Bank Q4 profit rises 19 pct
Qatar Islamic Bank (QIB), the Gulf state’s largest sharia-compliant lender by assets, reported a 19 percent rise in fourth-quarter net…
German Bank of Qatar’s Al-Thani Family Working on Takeovers
The German bank of Qatar’s Al-Thani family plans to double its assets under management over the next five years. Its…
Dubai Islamic Bank starts marketing dollar sukuk
Dubai Islamic Bank, the United Arab Emirates' largest Islamic lender, on Wednesday started marketing U.S. dollar-denominated Islamic bonds with an…
From smishing to prize scams: how to avoid bank fraud
Isabelle Jones made the mistake of clicking on a link in an email claiming to be from her bank. …
Samba Achieves Record Profit of $1.4bn in 2018
Saudi Arabia’s Samba Financial Group posted record profits in 2018 at $1.47 billion (SR5.5 billion), according to a bourse statement.…
Qatar Islamic Bank Q4 profit rises 19 pct
Qatar Islamic Bank the Gulf state’s largest sharia-compliant lender by assets, reported a 19 percent rise in fourth-quarter net profit,…
NBK fourth quarter profit rises 17% beating analyst estimates on higher public spending
National Bank of Kuwait (NBK), Kuwait’s largest lender, posted a 17 per cent rise in fourth quarter net profit, boosted…
Millennials 'demand' corporate social responsibility, says Badr Jafar
Companies will increasingly be involved in ‘impact’ investing as they work to build loyalty among socially conscious millennial customers and…
SICO's Bahrain Liquidity Fund ends 2018 with a boost to liquidity and performance on the Bahrain Bourse
SICO BSC announced that the Bahrain Liquidity Fund, now in its third year, continues to make a major impact on…