Banks Could Be Forced To Change Their Mortgage Stance
Dubai’s developers are not waiting around for local mortgage providers to make up their minds to offer their funds. …
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DIFC Signs Agreement With DEC
Dubai International Financial Centre today signed a strategic partnership agreement with Dubai Economic Council. The agreement mandates the two…
Corporate Governance Winners 2016 – Middle East
It’s a given that good corporate governance practices need to be fully integrated into the culture, strategy and operations of…
Arab Bank Group Reports USD 218.3 Million in Net Profits for the First Quarter of 2016
Arab Bank Group continued its strong financial performance during the first quarter of 2016, reporting net profit after taxes and…
Revealed: Top GCC banks on social media
A newly released industry report has urged the GCC banking sector to implement a shift towards becoming more interactive and…
Qatar National Bank says systems 'secure' after hack attack
Qatar National Bank said on Sunday, May 1, that its systems were "fully secure" following a cyber attack which potentially…
UAE bankers take stock of uncertainties
The global economy is facing uncertain times. The economic challenges range from a crash in oil prices albeit a…
What $1 million buys you in Dubai and around the world
One million dollars (Dh3.67 million) can buy you almost nine and seven times more space than Monaco and London, a…
Qatar fund uses more external managers, cuts focus on Europe
Qatar's sovereign wealth fund is reducing its focus on investments in Europe and placing more of its money with external…
Kib’s Arzaq deposit hits record annualized rate of 2.15% in Q1
Kuwait International Bank announced that Arzaq Investment Deposit has achieved record annualized returns during the 1st quarter of 2016 with…
Emaar Properties first-quarter profit up 17% to Dh1.21 billion
Property sales in Dubai helped lift Emaar Properties’ first quarter profit by 17 per cent, despite a continuing slump in…
Abu Dhabi National Takaful Co. announces net profit increase of 18 per cent for Q1 2016
Abu Dhabi National Takaful Co. PSC announced its financial results for the year ended 31 December 2015. The company's…