United Gulf Bank posts net profit of $6m'
Bahrain–based United Gulf Bank, the merchant banking subsidiary of Kuwait’s Kipco Group, has reported a net profit of $6 million…
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Qatari group plans multi-million euro Malaga luxury hotel
MALAGA port could be set for a €100 million injection of Qatari money, the largest property investment in its history.…
Leading Core Banking and Insurance Solution Provider Goes “Mobile” and Expands in Iraq
Lebanon-based software vendor, BML Istisharat, is a recognized provider of banking, insurance, and ERP information system products. With more…
KlarityRisk Wins “Risk Management” Category at the WealthBriefing Awards GCC Region 2015
Leading Investment Risk Management software provider, KlarityRisk Ltd, was the selected Winner in the ‘Best Risk Management’ category, at the…
Is Qatari Real Estate Booming towards a Bubble?
Property prices in Qatar have been growing at an explosive pace, with banks stepping up lending as the real estate…
Islamic Insurance: A New Partnership Between Dubai and London
Dubai successfully hosted the first international conference on Islamic insurance in early November organized by the Islamic Insurance Association of…
IMF to include Islamic finance in surveillance -Lagarde
The International Monetary Fund will include Islamic finance in its monitoring of financial sectors around the world, IMF Managing Director…
New realism sets in Gulf after tough CBD deal
Commercial Bank of Dubai priced a comeback deal on Tuesday but failed to quell concerns about liquidity in the Middle…
Swiss private bank says Gulf Asset Managers Are in a ‘War of Fees’
Pictet, the biggest Geneva- based bank, said fees for asset managers in the Gulf are falling as competition intensifies and…
NBAD celebrates 40 years of success in Egypt
National Bank of Abu Dhabi on 11 November 2015 celebrated its 40th anniversary in the Egyptian market, highlighting successes and…
Liquidity Management Centre announces a net profit of USD3.2 million
Liquidity Management Centre has announced a 7.6% annualized return on share capital for the Third Quarter Ended 30th September 2015…
Bahrain central bank aims for centralised sharia board by year-end
Bahrain's financial regulator plans to establish by the end of this year a central sharia board of scholars that will…