Clinton Haswell joins du to spearhead SME growth
du has appointed Clinton Haswell as Vice President of SME Marketing. Today, du is a leader in providing pioneering…
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Gulf International Bank announces full year profit of $85.6 million
GIB recorded consolidated net income after tax of $85.6 million for the year ended 31 December 2014, compared to $121.5…
Mumtalakat given highest rating for transparency by Sovereign Fund Wealth Institute
The Linaburg-Maduell Transparency Index is one of the world’s most influential benchmarks in measuring sovereign wealth funds’ commitment to transparency. …
Grant Thornton Abdulaal appoints new director
Grant Thornton Abdulaal, a leading professional services firm that offers audit and advisory services, has appointed Sunil Thakkar as the…
Beema’s profit touches QR40m
The net profit of the shareholders of Damaan Islamic Insurance’s (Beema) touched QR40m for the full-year 2014, up from QR30m…
Threefold rise in cyber security business expected in Arabian Gulf region
The consultancy KPMG expects its cyber security business to grow nearly threefold over the coming years in the Arabian Gulf…
Al Baraka Bank plans subordinated sukuk in Jordan
Bahrain-based Al Baraka Banking Group is planning on issuing its first Islamic bonds, or sukuk, for its Jordanian unit later…
Bank Albilad plans branch expansion this year
Bank Albilad plans to expand its branches this year, Chairman of the Board Dr. Abdulrahman bin Ibrahim Alhumaid disclosed during…
Credit losses and low lending to hit UAE banks’ profits this year
Profit growth at five of the UAE’s banks is expected to slow this year because of lower lending and an…
Arab firms should break Iranian and Turkish “monopoly” in Iraq: PM’s spokesman
The office of Iraq’s prime minister called for greater Arab investment in Iraq on Monday, saying Arab firms should break…
New licence deal for family offices in Dubai
DMCC has launched as new licence structure for Single Family Offices that will enable families to consolidate and transfer wealth…
Knight Frank Expands their Property Asset Management Team
Knight Frank, the world's largest privately owned global property agency and consultancy, announces it has hired a new property asset…