BLME Holdings appointment new CEO
BLME Holdings has announced the appointment of Michael Williams as interim CEO of BLME Holdings plc and of its main…
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Saudi Arabia: ‘meaningful’ foreign interest to come post MSCI inclusion
Equity markets in Saudi Arabia, slated to open for foreigners from June 15, may witness “meaningful interest” in terms of…
Gulf Bank wins two awards for Second Consecutive Year
Gulf Bank announced has announced that it has been awarded the 'Best Retail Bank in Kuwait' and the 'Best…
Bank Albilad expects 20 profit growth in 2015
Saudi Arabia's Bank Albilad is targeting 20 percent earnings growth in 2015 and double-digit profit increases in coming years as…
aafaq Islamic Finance wins three honors
aafaq Islamic Finance, a leading UAE-based Shari'a compliant financial institution, bagged three major honors at the 2015 Annual Awards held…
London-based asset management firm sets sights on Abu Dhabi
Hermes Investment Management, a London-based asset management firm, is eying Abu Dhabi as its gateway into further expansion in the…
CEO of Saudi's Al Rajhi Bank resigns
Al Rajhi Bank , Saudi Arabia's second largest bank by assets, said on Sunday that Suleiman bin Abdul Aziz al-Zabin…
MSCI To Launch Saudi Arabia, GCC Indexes On June 1
MSCI has announced that it plans to launch MSCI Saudi Arabia Indexes as Standalone Market Indexes effective June 1, 2015,…
Ithmaar Bank reports profit for the First Quarter of 2015
Ithmaar Bank has reported a net profit of US$7.62 million for the first quarter of 2015, a 261 percent increase…
Al Masraf Bank wins prestigious Straight Through Processing Award
Al Masraf Bank,has been named as the winner of this year's Straight Through Processing Excellence. The award reflects the…
Shuaa Capital swings to net loss in Q1
SHUAA Capital has reported revenues of AED 44.0 million and a net loss of AED 1.6 million for the first…
Ithmaar Bank reports profit for the First Quarter of 2015
Ithmaar Bank , a Bahrain-based Islamic retail bank, reported today a net profit of US$7.62 million for the first quarter…