Bank Nizwa reports 57% increase in revenues during Q2 2016
The Board of Bank Nizwa reported a 57% rise in its total revenues compared to same period in 2015, while…
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Aramex founder sells entire stake to Boson Ventures
Fadi Ghandour, the founder of Dubai-listed logistics firm Aramex, has sold all of his holdings in Levant Logistics Holdings to…
Demography to play a crucial role in GCC economic growth: Indosuez Wealth Management
There are some interesting observations for the GCC region when we link demographics with financial markets. Replacing the investment…
Marmore: Fintech is yet to properly penetrate the GCC region
The report stated that Fintech refers to the use of technology, usually in the form of software applications or digital…
Emaar Properties records 12% growth in net profit to AED 2.475 billion in first half 2016
Revenue for the first six months of 2016 is AED 7.257 billion, 11% higher than same period in 2015 …
CBI reports AED 68.7 million net profit in H1 2016
Commercial Bank International announces its financial results for the six months ended 30th June 2016. H1 2016 Financial Highlights: …
Saudi Arabia Said to Have Offered $4 Billion to Banks
Saudi Arabia’s central bank offered lenders short-term loans in late June to help ease liquidity constraints, according to five people…
Saudi banks’ first half results point to increasing pressure on profitability
First half results of Saudi Arabia’s banks showed increasing pressure on their profitability, reflecting rising funding costs and tightening liquidity…
Jordan's Housing Bank H1 net profit up 8 pct
Jordan's Housing Bank for Trade and Finance posted an 8 percent rise in first-half net profits to 66.4 million dinars…
UAE expats rake in serious wealth
The number of foreigners who have acquired more personal fortunes in the UAE is growing, with expatriates now making up…
ADS Securities expands its wealth management benefits offering with American Express partnership
ADS Securities, the Abu Dhabi-based and owned international financial services firm, has partnered with American Express Middle East to expand…
Now Is A Good Time To Invest In Dubai Property
The MENA region’s leading diversified real estate and property services company says Dubai is well on the way to a…