Goldman Staff Said to Depart on Guidelines Breach in Mideast M&A
Three bankers have left Goldman Sachs Group Inc. after the U.S. firm determined they breached internal guidelines in connection with…
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Bahrain Middle East Bank net profit up 12 per cent to $5 million
Total assets fell by just under $1 million to $171.87 million while total liabilities contracted further; down from $141.8 million…
Sharjah Islamic Banks Attracts National Talents
Sharjah—Sharjah Islamic Bank continues its participation in the 18th National Career Exhibition which is being held at the Expo Centre…
$350 million Sukuk issued by Kuveyt Turk
KFH Capital had been mandated as global coordinator for the Sukuk. Abdulaziz Nasser Al-Marzouq, CEO of KFH Capital, said, "The…
DLA Piper bolsters Finance capability with the appointment of Saudi-based Paul Latto
DLA Piper has appointed leading Saudi Arabian-based banking and finance lawyer, Paul Latto, to its partnership in the Middle…
A trip to space and private circus on Valentine’s wishlist for high-flying UAE residents
For hopeless romantics, pulling out all the stops to take their loved ones to space isn’t such a farfetched concept.…
KPMG report finds Bahrain's financial industry benefits from low operating costs
For financial services institutions, the cost of doing business in Bahrain is lower than in Dubai or Qatar, a recent…
KHCB opens 11th branch in Bahrain
Khaleeji Commercial Bank, one of Bahrain’s Islamic retail banks, has formally inaugurated the opening of a new branch located in…
Emaar’s 2015 net profit rises 11% to over Dh4 billion
Emaar Properties recorded net profit of Dh4.08 billion for 2015 as compared to Dh3.66 in the previous year, registering a…
Bahrain offers the region’s lowest operating costs for the financial sector
A new report by KPMG has revealed that Bahrain enjoys some of the region’s lowest operating costs for financial services…
Warba Bank consolidates its position in the local market and expands its operations in the regional and international markets.
Warba Bank, which is one of the fastest growing banks in Kuwai toffering the entire spectrum of world-class Sharia‑compliant banking…
Emirates Islamic CEO wins 'Best Emiratisation CEO Award 2015' for second consecutive year
Emirates Islamic has announced that its CEO, Jamal Bin Ghalaita has won the 'Best Emiratisation CEO Award 2015' in the…