StanChart said to consider sale of Oman Retail Banking business
Standard Chartered Plc is seeking to sell its retail banking business in Oman and has shelved a plan to close…
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Qatar SWF eyes Vietnam skyscraper
Gulf sovereign wealth fund, the Qatar Investment Authority, is reportedly vying with Goldman Sachs to acquire the Keangnam Hanoi Landmark…
Mashreq card holders to get discount from Gulf Air
Mashreq Qatar, a financial institution having presence across the region, recently signed a discount deal with Gulf Air, Bahrain’s National…
Top funds laugh all the way to banks
Big shareholders of listed banks have cashed in on the ongoing bull run after shares jumped to their highest in…
Saudi banks post SR11.2bn profit in Q1
Despite a tighter economic environment, the Saudi Arabian banks continued to record growing results in Q1, 2015. The Kingdom’s…
Egypt receives $6 bln from Saudi Arabia, UAE, Kuwait – cenbanker
Saudi Arabia, Kuwait and the United Arab Emirates deposited $6 billion with Egypt's central bank on Wednesday, the bank's governor…
FGB's gains increase 7pc
First-quarter net profit from First Gulf Bank failed to match analyst estimates yesterday despite rising by seven per cent thanks…
Dubai's Damac Q1 profit falls 38 pct; reveals dividend plans
Dubai's Damac Properties reported a 38 percent fall in first-quarter net profit on Wednesday despite surging revenue because a year…
Securities trading framework being upgraded in Bahrain
Key upgrades to securities trading frameworks will improve market integrity, fairness, transparency and better safeguard the interests of investors, it…
Arab Bank Group Reports First Quarter 2015 Net Profits of USD 217.2 million
Arab Bank Group reported net profit after tax and provisions of USD 217.2 million for the first quarter of 2015…
Growthgate Capital fully merits the 2015 Best MENA Mid-Market Private Equity House GCC
Growthgate Capital Corporation has awarded by CFI.co (Capital Finance International) as the Best MENA Mid-Market Private Equity House this year.…
CMA chairman's statement on qualified foreign financial institutions
Chairman of the Capital Market Authority Mohammed Aljadaan explained that there are several objectives that the Kingdom of Saudi Arabia…