KAMCO wins "Best Wealth Management Company – Kuwait" award from International Finance Magazine
KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, has been awarded the…
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Gulf State wealth fund shells out £621 million for SGN stake
Perth power provider SSE has sold a minority stake in gas distribution business SGN to the Abu Dhabi Investment Authority…
Kuwait's Warba Bank about to issue up to $250 mln sukuk -sources
Kuwait's Warba Bank is about to issue up to $250 million of Islamic bonds to boost its Tier 1 capital,…
Al Hilal Bank recognized with two prestigious awards by Global Finance
Al Hilal Bank today announced that it was recently awarded two prestigious awards by Global Finance, “The Safest Islamic Financial…
Kuwaiti lender NBK upbeat on rising demand for credit
National Bank of Kuwait is seeing higher demand for bank credit and an improvement in operating conditions, its chairman said…
Emirates Islamic Announces Q3 2016 Results
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its financial results for the period ending…
Kuwait's NBK net profit soars in third quarter
National Bank of Kuwait, the emirate's largest lender, said on Monday its third quarter net profit rose 6.5 percent mainly…
QIB wins World’s Best Islamic Retail Bank award from Global Finance
Qatar Islamic Bank has been recently recognised by Global Finance as the ‘Best Islamic Retail Bank’ in the world for…
Qatar's Masraf Al Rayan meets estimates with 1.3 pct Q3 profit dip
Masraf Al Rayan, Qatar's second-largest bank by market value, reported a 1.3 percent fall in third-quarter net profit on Monday,…
Mideast Stocks-Saudi shares hit by Q3 earnings, most of region weak
Saudi Arabia's stock market fell on Monday after another set of disappointing third quarter earnings, while other markets in the…
Ex-Credit Suisse hedge fund banking boss joins RBC
A seasoned banker, who has spent the past five years of a more than two-decade career at Credit Suisse advising…
Central Bank approves expansion of financial activities of banks and financial institutions
The Board of Directors of the Central Bank of the UAE has approved applications of banks and other financial institutions…