ABK reports 18% rise in net profit for Q1 2018
Al-Ahli Bank of Kuwait yesterday announced its financial results for the first quarter ended 31 March, 2018. Net profit was…
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Dubai tops New York, London & Singapore as preferred destination for GCC investors says luxury developer
Dubai is once again the undisputed leader when it comes to attracting high net-worth investors from the GCC countries, according…
Japan, UAE to expand cooperation
Japan and its top trade partner in the Middle East, the United Arab Emirates, agreed on Monday to expand economic,…
How ex-SGX chief regulatory officer Richard Teng is shaping the finance industry in the Middle East
If the eyes are the windows to one’s soul, Richard Teng’s lively gaze is not about to betray his state…
A Sovereign Wealth Fund and an Asset Manager Open a Region
When Russell Read, now the chief investment officer of the Alaska Permanent Fund Corp., was getting his PhD in political…
Saudi's Al Rajhi Bank Q1 net profit up 7.3 pct
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 7.3 percent rise in first-quarter net profit on Tuesday,…
UAE cements position as regional hub for digital entrepreneurship
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council,…
New platform to help navigate UAE's free zones
An online UAE Free Zone Navigator has been launched to help entrepreneurs, investors, and companies determine the most appropriate free-trade…
SAMA launches Fintech Saudi initiative to enable financial technology sector
In its Riyadh headquarters, the Saudi Arabian Monetary Agency SAMA launched the Fintech Saudi initiative in order to uphold the…
Qatar Wealth Fund May Sell High-End European Hotels
Qatar’s sovereign wealth fund is weighing the sale of three European hotels operated by InterContinental, according to people with knowledge…
UAE confirmed as regional hub for digital start-ups
Digital start-ups in the Middle East and North Africa attracted $650 million of funding in 2017, with 76 percent going…
Why the GCC States Think Africa Is Worth Fighting Over
Africa's cultural and trade links to the modern Middle East run deep, thanks largely to their geographic proximity. Adjacent…