QIB Wins Banker Middle East's "Best Treasury Products Management" Award
This award came under the Banker Middle East's category of "Quest for excellence". The Banker Middle East Qatar Product Awards…
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Why are some of the world's biggest banks leaving the UAE?
Going, going, gone. First it was the Royal Bank of Scotland, then Lloyds, Barclays and Standard Chartered. Foreign banks…
Dubai's Emaar 'to play key role' in building new Egyptian capital
Dubai-based Emaar Properties is expected to play a key role in building a new capital city in Egypt, the country's…
Capital gains help double Jordan Ahli Bank's profits
Jordan Ahli Bank boosted net profit by 113 per cent to 34 million dinars ($48 million) last year due to…
Bahrain Islamic Bank (BisB) realizes BD 9.3 million net profit
BisB announced that it has realized BD 9.3 million as net profit for the year ended on 31st December 2014,…
Flurry of fines shows Middle East’s biggest market ready to open
Anyone doubting Saudi Arabia’s commitment to opening its stock market directly to foreigners for the first time should check out…
Oman's United Finance to mull merger with Bank Nizwa
Oman's United Finance Co said on Wednesday that Bank Nizwa had approached it with a proposal for a strategic merger.…
Banks stand firm despite fall in oil prices: KPMG
Qatar’s listed banks continued to grow in 2014, despite declining oil prices. The banking sector witnessed robust asset growth;…
Oman Insurance Company posts strong growth in 2014
Oman Insurance Company’s gross written premium grew by 11.3 per cent in 2014 reaching AED 3.25 billion. The significant increase…
Gulf Insurance Group reports 2014 net profit of KWD 12 million
The Board of Directors has recommended the distribution of 33 per cent cash dividend (33 fils per share) for the…
GIB named 'safest bank' in Bahrain
Gulf International Bank (GIB) has been named the Safest Bank in Bahrain for 2014 by New York based Global Finance…
Abu Dhabi’s Aldar Q4 Net Profit Rises 61%
Abu Dhabi’s Aldar Properties reported a 61 per cent rise in fourth-quarter net profit on Thursday, beating an analyst forecast…