ABK Posts Operating Profit Of KD 22.1 MLN In Q1
Al Ahli Bank of Kuwait today announced an operating profit of KD 22.1 million for the first quarter of 2016,…
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Emirates Islamic Bank Said to Plan Benchmark-Sized Dollar Sukuk
Emirates Islamic Bank PJSC, Dubai’s second-biggest Shariah-compliant lender, has mandated banks including HSBC Holdings Plc for the sale of Islamic…
Bahrain’s First Energy Bank names new chairman
Placing trust in their new chairman, Bahrain’s First Energy Bank board members voted unanimously to appoint experienced banking professional Khaleefa…
Ex-Standard Chartered veteran joins Middle Eastern Bank as PB head
A former Standard Chartered regional head has resurfaced as the head of private banking at a UAE-headquartered institution, Asian Private…
Fajr Capital completes acquisition of UAE-based food and beverage platform, Cravia
Fajr Capital, a leading private equity investor in high-growth markets across the Middle East and Asia, today announced the completion…
Union Insurance Posts a 40% Increase in Gross Insurance Premium in Q1 2016
Union Insurance Company , a leading provider of innovative customer-focused insurance products to individuals and organizations in the region, announced…
Dubai real estate industry, a haven for UK investors, says Dubai Properties
Dubai Properties, a leading Dubai-based real estate master developer and manager of renowned destinations across the Emirate, concluded its participation…
Doha Bank named Best Regional Commercial Bank for fourth year
Doha Bank has been named as the ‘Best Regional Commercial Bank’, for the fourth year in a row, at ‘The…
International law firm Promotes TMT expert to Of Counsel
International law firm Simmons & Simmons has promoted Raza Rizvi who is based in the firm's Dubai office to Of…
IDB Group and World Bank Group Produce Global Report on Islamic Finance
The Islamic Development Bank (IDB) Group and the World Bank Group have jointly produced a global report on Islamic finance.…
al khaliji earns three acclaimed titles from "Banker Middle East" for 2016
Al Khaliji Commercial Bank P.Q.S.C., Qatar's next generation bank, has earned three prestigious titles at the 'Banker Middle East…
Kuwait's Gulf Bank Q1 net profit slips 10 pct as bad loans weigh
Gulf Bank , Kuwait's fourth-largest lender by assets, reported a 10 percent fall in first-quarter net profit on Monday, as…