Saudi's Riyad Bank Q2 net profit down 26 pct
Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a 26 percent decline in second-quarter net profit on Wednesday, missing…
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Prince Andrew's former girlfriend Amanda Staveley could buy a Premier League club with slice of enormous £28bn in Middle East wealth under her management
It will please those Premier League owners whose clubs are for sale at the right price that there is still…
DFSA Fines and Bans former Senior Executive Officer
The Dubai Financial Services Authority (DFSA) has fined Mr Andrew Grimes, a former Senior Executive Officer (SEO) of a DFSA…
Bank ABC Appoints Head of Asia
Bahrain-based Bank ABC (Arab Banking Corporation), the leading international banking group in the MENA region, has recently appointed Mr. Patrick…
Commercial Bank of Qatar profit slumps on bad loans
Commercial Bank of Qatar, the Gulf Arab state's third-largest lender by assets, reported a 58.4 per cent slump in second-quarter…
Lower issuance volume out of GCC reports NBK
Global and GCC yields were mixed in 2Q17 as markets reacted to a more optimistic economic outlook, low inflation, and…
World Bank ready to assist Iraq's rebuilding efforts
The World Bank said on Wednesday it would shore up support for the long-term reconstruction of areas in Iraq liberated…
Bank of Baroda launches 3 products as it celebrates 110th anniversary
Technology has become the biggest enabler in providing convenient banking at customer's door step and Bank of Baroda is forging…
Property Portfolios of Turkish Banks
Recent development The Turkish Banking Regulation and Supervision Agency has recently made changes to the Regulation on Bank Equity…
Dubai Islamic Economy Development Centre Opens Nominations for 5th Edition of Islamic Economy Award
The Dubai Islamic Economy Development Centre (DIEDC) announced the commencement of nominations for the fifth edition of the Islamic Economy…
Barclays trial shows risk of taking money from Qatar
The 2008 deals by which Barclays, the British banking group, was rescued by Qatari investors has thrown a long shadow…
Infrastructure boost from NIIF likely soon; Temasek, Abu Dhabi Investment close to scripting first deal
The National Investment and Infrastructure Fund is in an advanced stage of talks with two sovereign wealth funds — Temasek…