KFH wins ‘Best Consumer Digital Bank in the Middle East 2017’
Kuwait Finance House won “Best Consumer Digital Bank in the Middle East 2017” Award from Global Finance Magazine. Regional…
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UAE firm JBF RAK seeks to renegotiate 2 bln dirhams of debt-sources
Manufacturer JBF RAK, which is 60 percent owned by the United Arab Emirates' Ras al-Khaimah Investment Authority (RAKIA), is in…
Crowdfunding set to revolutionise fund-raising for SMEs
The Middle East region is not entirely new to crowdfunding initiatives. However, the recent efforts of the Dubai International…
UAE reports resilience in takaful premium growth
Despite the general decline premium growth across the GCC in 2016, the takaful sector in the UAE showed the most…
Costa Rica, UAE conclude negotiations to prevent double taxation
The Republic of Costa Rica and the United Arab Emirates successfully concluded negotiations for an agreement to prevent double taxation…
Israel's Vintage closes $215m VC fund
The Herzliya based venture capital fund has now raised 10 funds totaling $1.5 billion. Israeli venture capital fund Vintage…
Biggest Qatar Bank Is Said Weighing Funding Option Amid GCC Spat
Qatar National Bank QPSC is considering options to raise financing as an ongoing standoff with its Gulf neighbors threatens to…
Saudi's Samba Q2 profit down 3.3 percent
Samba Financial Group , Saudi Arabia's third-largest bank by assets, reported a 3.3 percent drop in second-quarter net profit on…
QINVEST reports net profit of $9.5 million for H1 2017
Revenues from all business lines were QAR 209 million (US$ 57 million), resulting in an operating profit of QAR 113…
Ajman Free Zone sets sight on new global markets to woo investments into the UAE
In a statement, AFZ said the expansion of the free zone’s global footprints follows its highly successful earlier endeavours in…
Ithmaar Bank, CEO win top CSR awards
Ithmaar Bank was honoured at a regional conference for its continuous support of the community and presented with the Best…
Qatari bank mulls fresh fundraising
Qatar National Bank is considering options to raise financing as an ongoing standoff with Gulf neighbours threatens to weaken liquidity…