Global reports KWD3.9 million revenues
Global Investment House has announced its financial results for the first quarter ended 31 March 2018 reporting a net profit…
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LUMINA expands into Saudi Arabia
Specialist corporate finance firm LUMINA expands into KSA, launching its third geographic presence since the start of 2018. Andrew…
Bahrain's GFH buys majority stake in The Entertainer
GFH Financial Group on Tuesday announced the signing of a landmark deal to acquire a majority stake in The Entertainer,…
ADCB Becomes First Local Bank To Operate In Abu Dhabi Global Market
Abu Dhabi Commercial Bank has announced that it has become the first local bank to establish a presence in the…
KAMCO acts as Joint Lead Manager and Bookrunner for DAMAC's $400mln Sukuk issuance
KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, acted as one of…
Technology and regulatory changes to have transformative effect on Omani banks: KPMG
Oman’s banking sector remains in a fairly robust position underpinned by strong asset growth and innovation through technology, which is…
Gulf Bank records 15% increase in Q1 net profit
Gulf Bank K.S.C.P. announced its financial results for the first quarter of 2018. The Bank recorded a net profit of…
New Bank Joins Ripples Enterprise Blockchain Network
There is a new member of the current Ripples global network payment providers and also the banks. BankDhofar, the…
Regional Leading Alternative Investment Management Experts Gather in Abu Dhabi
As interest in alternative investments continues its meteoric rise, the forthcoming Alternative Investment Summit, held under the title "The Shifting…
Kuwait owns 6% of Islamic banking assets: Central Bank
Kuwait accounts for around six percent of all Islamic banking assets in the world, the Central Bank of Kuwait’s (CBK)…
Regional liquidity can get a boost from oil surge amid Fed meeting
In Qatar, lending growth is close to 3% in 1st Quarter of 2018, with real estate and government sector being…
QDB signs deal with 5 global VC firms for QR100mn SME fund
Qatar Development Bank (QDB) signed agreements yesterday with five international venture capital firms that would provide more than QR100mn worth…