Gulf Bank posts a 12% increase in Net Profit in Q1 2015
Gulf Bank today announced a net profit of KD 9.8 million for the first quarter of 2015 which is a…
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Al Marzouk Praises Turkish Gov. Endeavor to Develop Cconomy & Attract Investors
Kuwait Finance House Chairman Mr. Hamad Abdul Mohsin Al Marzouk praised Tukish Gov. endeavor to attract investors especially Kuwaitis and…
Hamdan bin Mohammed Approves Series of Islamic Initiatives
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Dubai Executive Council,…
Bahrain's Ahli United Bank sets IPTs for benchmark dollar Tier 1 bond -leads
Bahrain's Ahli United Bank has set initial price guidance for a benchmark U.S. dollar-denominated bond issue that will enhance its…
Dubai's Noor bank sets price thoughts for $500 mln 5-yr debut dollar sukuk
Dubai's Noor Bank is marketing a $500 million, five-year debut U.S. dollar sukuk issue, which could price as early as…
Ajman Bank chooses its official software/hardware provider
NCR Corporation has announced that Ajman Bank is transforming its banking "omni-channel" infrastructure powered by a host of next generation…
Warba Bank launches "Mosawama" for local and international commodities
Warba Bank strongly believes in the importance of providing innovative banking products and solutions serving all segments of the society.…
Moody's: Saudi Arabia's fast-growing insurance market has untapped potential
The report says Saudi Arabia's insurance market had premiums worth $8.1 billion in 2014, the second biggest in the GCC. …
Middle East M&A deal value plummets 70%
The value of mergers and acquisitions in the Middle East plummeted more than 70 percent during the first three months…
ICICI ties up with UAE bank Emirates NBD for instant money transfers
India's largest private sector lender ICICI bank has tied up with a leading UAE-based bank to offer an instant remitting…
UAE bank ADCB Q1 net attributable profit rises 31 percent
Abu Dhabi Commercial Bank posted a 31 percent increase in first-quarter net profit on Tuesday, beating analysts' forecasts. The…
Al Hilal GCC Equity Fund named 'Best Islamic Fund' at Banker Middle East UAE Product Awards 2015
Al Hilal Bank 's 'Al Hilal GCC Equity Fund' has won the 'Best Islamic Fund Award' at the recently concluded…