QIIB records QR1.7bn total revenue in 2016
Leading Islamic lender QIIB has recorded a total revenue of QR1.7bn for the full-year 2016. The bank’s net profit…
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Banks Steal the Limelight on Biggest Firms Rankings
Industrial Management Institute has released the list of 500 largest Iranian companies, gauging them on the basis of their generated…
$75 billion India-UAE fund is a work in progress
The UAE and India held successful talks and signed 13 agreements on Wednesday. The deals were historic and India…
Qatar Insurance posts FY profit of 1.03 bln riyals
* FY net profit 1.03 billion riyals versus 1.04 billion riyals year ago * Board recommends FY cash dividend…
Saudi telecom sector market hits SR180 billion
The volume of the telecom sector in the Kingdom is estimated at SR180 billion while capital investment is more than…
Kuwait International Bank's profit jumps 14 per cent in 2016
Financing income increased by 12 per cent reaching KWD 71 million, compared to KWD 63.2 million during 2015. Revenue…
Shariah-compliant pension schemes gaining popularity
New developments in Islamic finance abound since Shariah-compliant investment structures are now also entering the wealth and asset management segment. …
Preparing Middle East portfolios for a challenging 2017
A turbulent 12 months beckons given the uncertainty over Trump's policies, elections in key European countries and potentially slower growth…
Middle East equities picking up
After a strong Q4 performance, we see near-term consolidation risks. However, we also see further upside beyond a potential…
US and Israel falls hard on tax evaders
As part of its over expanding crackdown on people-both Israelis holding green cards and US citizens- the all powerful Israel…
UAE ranked best business climate among emerging markets
The UAE was followed by Qatar in second place, Oman in third and Bahrain in fourth. Saudi Arabia ranked 7th…
Warba Bank names Clements chief Retail Banking Officer
Warba Bank has announced yesterday that, with immediate effect, Simon Clements has been named Chief Retail Banking Officer, taking over…