Credit Suisse hired to sell RBS's Saudi Hollandi Bank stake: sources
Credit Suisse has been appointed to sell Royal Bank of Scotland's 40 percent stake in Saudi Hollandi Bank 1040.SE, sources…
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Oman's Bank Dhofar launches biometric app
Omani bank Bank Dhofar has introduced a mobile banking app which can be used for biometric logins with both Android…
Ahli united bank B.S.C. Net profit attributable to the equity shareholders surges by 5.5% to US$ 442.1 million for the period ended 30 september 2016
Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 442.1 million for the nine…
QFB 'can serve' as a bridge between Qatar and Turkey to strengthen investment flows
Qatar First Bank, which has invested in Turkey's healthcare and retail sectors to generate about 300mn in revenues, can serve…
Up to €600,000 in Dubai account to be transferred, court told
About €600,000 held in a bank account of a Dubai company is to be transferred to the provisional liquidator of…
Ithmaar Bank logs $16.73m net profit in first 9 months
Ithmaar Bank, a Bahrain based Islamic retail bank, reported a net profit of $16.73 million for the nine month period…
Business activity in Dubai slows down in October, index says
A gauge for private-sector activity in Dubai fell last month to its lowest since April, as improvements in tourism and…
IRCIEF: An important step toward Istanbul becoming world's Islamic finance and banking capital
Islamic Economics and Finance, to which Turkey holds a natural, historical and cultural bond, have always reeled from a lack…
Emaar Properties records 19% growth in net profit to AED 3.620 billion (US$ 986 million) in 9-months of 2016
Global property developer Emaar Properties recorded 19 per cent growth in net profit to AED 3.620 billion during the first…
Ithmaar 9-month profit rises to $16.7m
Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a net profit of $16.73 million for the nine-month period ended…
Kuwait to offer USD9.91bn bonds
Kuwait aims to offer USD9.91bn in bonds to global investors early in the coming year. Accordingly, Kuwait's public debt…
Ominvest to establish leading investment-banking platform
Ominvest, along with its strategic partners Oman Investment Fund and Arab Bank Ltd, has agreed to establish Ubhar Capital, which…