Saudi Arabia Releases Ambitious Plan To Diversify Economy By Nick Cunningham of Oilprice.com
On Monday, Saudi Arabia released a blueprint for the future, a plan for the Kingdom that could alter the course…
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National Bank of Abu Dhabi Q1 net profit falls 10.7%
National Bank of Abu Dhabi , the emirate's largest lender by assets, on Wednesday posted a 10.7 per cent fall…
Dubai Islamic Bank Q1 net attributable profit rises 7.2 pct
Dubai Islamic Bank the United Arab Emirates' largest sharia-compliant lender, posted a 7.2 percent increase in first-quarter net profit on…
Dubai Islamic Bank plans Dh3.6bn share issue for expansion
Dubai Islamic Bank, the UAE’s biggest bank complying with Muslim banking rules, said it plans to raise Dh3.6 billion from…
Qatar National Bank Hacked, Hackers Leak 1.4GB Database
A group of unknown hackers have claimed to have hacked into the servers of Qatar National Bank (QNB), based in…
Saudi Aramco says approves funding initiatives including sukuk programme
Saudi Aramco's board has approved a number of funding initiatives including the creation of a sukuk programme, its weekly magazine…
GIB raises 2 billion Saudi Riyals
Gulf International Bank’s latest bond issue has met with strong demand as…
Abu Dhabi begins marketing dual-tranche bond offering
The Emirate of Abu Dhabi has opened books on a benchmark US dollar dual-tranche bond offering, according to a lead.…
Dubai International Financial Centre Hosts IMF 2016 Regional Economic Outlook for Middle East, North Africa and Pakistan
Dubai International Financial Centre, a global financial hub connecting businesses and institutions with emerging market opportunities across the Middle…
QNB receives 2 prestigious awards from The Asian Banker Magazine
QNB has received two prestigious awards: "Best Business Model Execution in the Middle East" and "Best Network Integration in the…
Commercial Bank announces a net profit of QAR 274 million for Q1 2016
The Commercial Bank and its subsidiaries and associates announced today its financial results for the Quarter ended 31 March 2016.…
Facebook most popular stock among investors in UAE, rest of GCC
Facebook isn’t just active on most people’s smartphones, but on their investment portfolios as well. A study conducted among…