KFH Receives Prestigious Citi Performance Excellence Award
Kuwait Finance House has been awarded the prestigious Citi Performance Excellence Award for leadership and excellence in global electronic payments.…
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Investments help to lift Sharjah Islamic Bank profit
Sharjah Islamic Bank said its net profit for the first half increased 1.2 per cent, boosted in part by a…
Qatar progresses with financial market reform
Foreign participation in the Qatar Stock Exchange is set to rise on the back of technical reforms that have been…
Private Equity Investment in Iran Is Still Years Off
The nuclear pact reached last week in Vienna may be the first incremental step toward lifting sanctions in Iran, but…
Barclays job cut plans not to impact Middle East operations
A potential upward revision of a job cut programme announced a year ago at British banking giant Barclays Plc will…
BPL Global targets further growth with Dubai office opening
The opening takes the number of BPL Global offices to five – joining London, Paris, Singapore and Hong Kong. …
Chairman of Abu Dhabi's Al Hilal Bank said to resign
The chairman of Abu Dhabi's government-owned Al Hilal Bank has resigned, a week after the chief executive quit, sources aware…
UAE Banks Up Investments In Digital Channels
From mobile apps to fully digital branches, UAE banks are finding favor with their customers as they embrace digital services …
Eskan Bank mandates SICO to list debut REIT
Eskan Bank said it has appointed Securities & Investment Company as lead arranger for the first real estate investment trust…
Saudi finances weaken as foreign exchange reserves slide
Saudi Arabia ramped up oil production to an all-time record high of 10.6m barrels a day in June, 200,000 barrels…
A.M. Best assigns ratings to Saudi Arabian Insurance Company
The ratings reflect the company’s strong business profile, excellent risk-adjusted capitalisation and track record of robust operating performance. Offsetting…
Greening the desert: How the UAE aims to change its carbon footprint
Relentless construction, a booming aviation sector and near-permanent air conditioning: Dubai is not an obvious contender for the title of…