Oman Arab Bank participates in IIF MENA Financial Summit
Amin al Husseini, CEO of Oman Arab Bank, participated in a panel discussion on the ‘New Challenges Facing GCC Banks:…
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KFH partner of Kuwait Pharmaceutical Association awareness conference
Executive Manager Group Public Relations and Media at Kuwait Finance House, Yousef Abdullah Al-Ruwaieh affirmed the bank’s commitment towards optimally…
Daimler to elect Kuwait wealth chief to its board
The supervisory board of Daimler has proposed the election of Bader Mohammad Al-Saad, managing director of the Kuwait Investment Authority,…
Gulf Bank concludes bankwide operational risk awareness training
Gulf Bank recently concluded ‘Operational Risk Training’ sessions for senior management at the Jumeirah Messilah Beach Hotel. The training…
Dar Al Takaful swings to net profit in 2016
Dar Al Takaful said on Tuesday it swung into net profit in 2016. The insurance company said it reported a…
Abu Dhabi’s New $125 Billion Sovereign Fund Is Taking Shape
Abu Dhabi is close to finalizing the merger of two of its largest sovereign wealth funds -- Mubadala Development Co.…
Riyad Bank establishes a Special Purpose Vehicle entity
It is a limited liability company, fully owned by the bank and registered with authorised capital of $50,000, based in…
GFH, Intertrust Middle East create Employee Benefit Trust
GFH Financial Group, the Bahrain based financial group, today announced that the Group, in partnership with Intertrust Middle East, formerly…
Bank shares drag Tadawul down
The Tadawul All Share Index on Tuesday fell 0.4 percent in thin trade. Banking shares were the main drag…
EBRD discussing co-investments with Gulf sovereign funds
The European Bank for Reconstruction and Development is in talks with Gulf sovereign wealth funds to invest jointly, and hopes…
Union National Bank’s fourth-quarter profit rises 29%, missing forecasts
Union National Bank said its fourth quarter profit increased by 29 per cent as money set aside to cover bad…
Bank Muscat reiterates commitment to SME development in the sultanate
Bank Muscat, the flagship financial services provider in the sultanate, and Meethaq Islamic Banking extended support to the three day…