HSBC said to review operations in Lebanon amid cost-saving push
HSBC Holdings Plc is reviewing its operations in Lebanon and may exit the Middle Eastern country as the bank focuses…
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Awal Appointed Fund Manager for Investment House Al-Beit Al Mali Fund
Amwal has been appointed Fund Manager for the Al-Beit Al Mali Fund founded by Investment House for investing in listed…
Saudi Hollandi Bank achieves record profits for 2015
Saudi Hollandi Bank has announced record annual profits for 2015, exceeding two billion Riyals for the first time in its…
Ibdar announces exit from four Bahrain-based real estate investments for USD21.67 million
Ibdar Bank has announced the successful exit from four Bahrain-based real estate investments for a total value of USD 21.67…
Saudi Arabia plans sovereign wealth fund
Saudi Arabia plans to set up a sovereign wealth fund to manage part of its oil fortune and diversify its…
HSBC Plans New Mideast Headquarters Near World's Tallest Tower
HSBC Holdings Plc will start building a new Middle East headquarters near the world’s tallest tower in Dubai as the…
Barclays named 'Best Private Bank in the State of Qatar'
Barclays was named Best Private Bank for high net worth clients in the State of Qatar for 2015 at the…
Emirates NBD Q4 net profit rises 74 pct
Emirates NBD , Dubai's largest bank, posted a 74 percent rise in fourth-quarter net profit on Monday. The first…
St Lucia snubs Britain by refusing to waive immunity for Saudi billionaire
A Caribbean island has snubbed Britain by refusing an official request to waive the diplomatic immunity of a Saudi billionaire…
FGB leads market trend of increasing personalisation in banking
Driven by its research initiatives to identify customer needs, FGB is launching today a new relationship ecosystem 'Accelerator'. This…
Emirates Islamic net profit up 76 percent in 2015
Emirates Islamic today announced its full-year financial results for 2015 with the bank reporting strong growth for the fourth consecutive…
UAE's RAKBANK to cut up to 250 jobs as part of review
National Bank of Ras Al Khaimah will cut up to 250 jobs as part of a review of the lender's…