More businesses in Dubai optimistic, wants to expand — survey
About 61 per cent of the businesses in Dubai are confident and optimistic over the next two years even as…
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Mashreq is ‘Best Consumer Digital Bank in Qatar’ for eighth year
Mashreq Qatar has been recognised as the “Best Consumer Digital Bank in Qatar 2016” by Global Finance magazine for the…
Al-Baraka Bank ready to purchase Burj Bank; final approval on Aug 22
The AL-Baraka Bank Limited has decided to purchase the Burj Bank Pakistan and has submitted a request to the State…
Gulf markets diverge; Egypt settles at 14-month high
Stock markets in Dubai and Egypt climbed to multi-month highs yesterday but Saudi Arabia was dragged lower by banking shares…
Kuwait Finance House buys 300 NCR ATMs
Kuwait Finance House, announced that it has selected NCR Corporation , the global leader in omni-channel solutions, to replace its…
Remittances Continue Slow Growth in June
Money sent home by overseas Filipinos continue to grow in June, but at a much slower pace than last year.…
UAE’s Dhabi Group appoints new chief executive
Dhabi Group has appointed a new chief executive to lead the diversified investment group, it said on Monday. Adeel Bajwa,…
GIB reports $41.7 million first half profit
Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of $41.7 million for the six months ended 30th…
Shuaa Capital losses lead to ‘rigorous cost controls’ and cuts Dania Saadi
Shuaa Capital plans to cut further costs after swinging to a loss in the second quarter, as it earmarked Dh56.9…
Bahrain Said to Mandate JPMorgan, BNP, StanChart for Bond Sale
Bahrain picked five banks including JPMorgan Chase & Co. to manage the third sale of Eurobonds by the Persian Gulf…
ADIB Egypt reports H1 profit up by a third
ADIB Egypt said standalone net revenue was up 42 per cent to EGP 927 million. Total assets were up…
Brexit: UK property market lures more Qataris
The Brexit-induced fall in the value of British pound has evoked significant response from Qatari private investors to buy properties…