Seera Reports $2.8 Million Net Profit for 2015
Seera Investment Bank B.S.C., a Shari'a compliant investment bank headquartered in Bahrain announced its results for the year ended 31st…
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Qatar-based banks top in assets growth in GCC
Net earnings of GCC's leading banks increased 4.7 percent year-on-year to $5.3bn in Q4, 2015. Net profits of top…
Saudi Arabia wants to build a $2 trillion mega-fund — and fundamentally change its economy
Saudi Arabia is planning to create a $2 trillion sovereign wealth fund to reduce the country's reliance on oil and…
UAB elects new chief
The Union of Arab Banks announced Thursday the election of Kuwait's Sheikh Mohammad AlJarrah AlSabah as the new Chairman of…
Deepening Saudi-US business partnership through investment
The 4th US Saudi Business Opportunities Forum held in Riyadh on March 23-24 brought together government and business leaders from…
Gulf nations left to raid reserves
Earlier this year, a sleepy, little-watched, financial gauge sprang to life. The moribund forwards market for the Saudi riyal…
Subscription opens for BBK BHD 100 million convertible capital securities offering
BBK is the Issuer and Receiving Bank; while SICO, a prominent Bahrain-based GCC wholesale bank, is the Lead Manager of…
Lack of proper planning can derail IFRS implementation in KSA – Deloitte
The Kingdom of Saudi Arabia is soon set to join 130+ countries across the globe in the application of International…
ADIB releases outlook on regional and global investment climate
Abu Dhabi Islamic Bank (ADIB) has presented its outlook on the regional and global investment climate to its top private…
Chestertons closes AED 610 million worth of property sales
Chestertons, has announced that it has closed property sales worth over AED 610 million on behalf of its Middle East…
Friends Provident International appoints Chief Marketing Officer for MEA
Friends Provident International has appointed Philip Cernik as Chief Marketing Officer for the Middle East and Africa region. Cernik,…
Israeli high-tech targets high-net worth investors
Denny Chared, owner of DC Finance which organizes financial conferences for family offices and high-net worth individuals is convinced Israeli…