Saudi banks’ profitability and capital buffers to remain resilient
Moody’s Investors Service has maintained its stable outlook on the Saudi Arabian banking system, reflecting the rating agency’s expectation that…
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Gulf Bank achieves elite J P Morgan quality recognition award for 2015
Gulf Bank announced yesterday that it has achieved the elite J P Morgan Quality Recognition Award for 2015, acknowledging its…
NBO's $300mn bond issue oversubscribed 1.8 times
National Bank of Oman ( NBO ) announced that it has received strong interest from international investors and has successfully…
First Gulf Bank cuts close to 100 jobs: report
First Gulf Bank, the third-largest lender by assets in the United Arab Emirates, has cut close to 100 jobs, three…
Ahli United Bank named Best Private Bank in the Middle Eastby Global Finance
Ahli United Bank has been recognised as ‘Best Private Bank in the Middle East’ by Global Finance, the leading international…
Bank Nizwa CEO presents Q3 performance overview at Muscat Securities Market
Held in collaboration with the Muscat Securities Market (MSM), Dr. Jamil El Jaroudi, CEO of Bank Nizwa, presented an overview…
Israel Discount Bank sells Swiss operations
Israel Discount Bank TASE: DSCT is liquidating its business in Switzerland, while Bank Leumi TASE: LUMI is getting out of…
DIFC Announces 2024 Strategy
The Dubai International Financial Centre (DIFC) has ended series international roadshows with a visit to Johannesburg, South Africa, in…
QInvest and Carnegie Mellon Qatar sign Memorandum of Understanding to inspire the next generation of business leaders
QInvest and Carnegie Mellon University in Qatar have signed a Memorandum of Understanding to cooperate and coordinate in the fields…
Region's best honoured at Forbes Middle East awards
Top management executives leading the regional operations for global multinationals and senior Arab executives were feted for their professional achievements…
Doha Bank plans to double India exposure, to open new branches
Qatar-based Doha Bank today said it plans to open more branches in India and double exposure to USD 5 billion…
Non-resident Indians in UAE opt for mutual funds in India
Despite living in Dubai for 25 years, Niranjan Gidwani still feels more comfortable keeping a portion of his wealth in…