Doha Bank unveils aggressive Asian expansion plans
Doha Bank, one of Qatar’s largest private commercial banks, has unveiled its aggressive expansion plans in fast-growing Asian economies. …
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Commercial Bank plans to boost lending to state firms
Commercial Bank of Qatar is pushing to increase lending to state-run companies as the government presses ahead with infrastructure projects…
MEVP in talks with Saudi investors as it seeks opportunities in the kingdom
Middle East Venture Partners, a Dubai venture capital firm, is in talks with prospective partners in Saudi Arabia to co-invest…
Flotation had positive results on Egypt’s economy: CI Capital
The decision to float the Egyptian pound in November 2016 had a clear impact in increasing the gross domestic product …
Report: Saudi Prince Alwaleed relinquished most of his wealth for freedom
Renowned Saudi billionaire Prince Alwaleed Bin Talal gave up most of his fortune, including his shares in Saudi Kingdom Holding,…
RobustWealth Begins International Expansion, Invited to Speak at the Launch of Bahrain Fintech Bay
RobustWealth, a digital wealth management platform built for financial advisors by financial advisors, has started expanding internationally, beginning with a…
Dubai's Emirates NBD in early talks to buy Turkey's Denizbank
Emirates NBD, Dubai's largest bank, said on Tuesday it had started initial strategic discussions with Russia's Sberbank SBER.MM about a…
Kuwait committee rejects tax on remittances
A Kuwaiti parliamentary committee has rejected four proposals to impose taxes on remittances, saying they were unconstitutional. One proposal…
TAKAUD DIFC's strategies for HNWIs post record returns in 2017
TAKAUD DIFC, which arranges deals in investments and advice on financial products for high-net-worth individuals (HNWI) and for employee savings…
New exec hired to control spending at Dubai's Careem
Dubai-based ride-hailing app Careem on Monday announced the appointment of a new senior executive to oversee the company's long-term strategic…
Turkish banking sector net profit hits all-time high
Turkish banking sector's annual net profit reached 49.1 billion Turkish liras ($13 billion) in 2017, hitting an all-time high profit,…
GCC banks improve profits on lower costs and provisions
The full-year earnings of GCC banks point to improved profits, lower costs and substantial reduction in cost of risks positively…