National Bank of Fujairah operating profit grows 11.9% in Q3 2017
National Bank of Fujairah, NBF, has announced its results for the nine month period ending 30th September 2017, posting an…
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Global Finance names UNB among top 10 safest banks in Middle East
Global Finance has named the Union National Bank among the top 10 safest banks in the Middle East and also…
Bank Muscat's Izdihar Real Estate Fund acquires prime property in Buraimi
Izdihar Real Estate Fund, managed by Bank Muscat, has announced the acquisition of a prime property in the Wilayat of…
Turkey Bank Regulator Dismisses 'Rumors' After Iran Sanctions Report
Turkey's banking regulator urged the public on Saturday to ignore rumors about financial institutions, in an apparent dismissal of a…
How Much UAE Expats Need To Save For Retirement
It’s an oft-repeated question, how much do you need to save to retire? Unfortunately, there is no one right answer…
AUB Achieves A Net Profit Of KD 40m For 9 Months
Ahli United Bank reported a net profit KD 40 million for the nine months ending on 30 September 2017 in…
A new global solution to money laundering will mainly just help rich countries
The pattern of illegal money flowing from the developing world to the West has been well-established. Funds are stolen…
Mubadala Launches US Office for Technology Investments
Abu Dhabi based investment company Mubadala has announced the launch of its new venture capital business, in partnership with leading…
Tackle the distressed loans issue at the outset
I do not want to be a purveyor of doom, but I dare say the business community’s financial troubles are…
Arab Petroleum Investments Corp hires banks for dollar sukuk
Arab Petroleum Investments Corporation, a multilateral development bank based in Saudi Arabia, has hired banks ahead of a potential U.S.…
Qatar Islamic Bank Q3 profit up 10.9pc, in line with forecasts
Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, reported a 10.9 percent jump in third-quarter net profit…
KFH wins ‘Islamic Bank of the Year 2017 – Global’ award from the Banker
Kuwait Finance House won “Islamic Bank of the Year 2017 – Global” Award from the Banker Magazine, an international financial…