Qatar takes tenth of British Airways owner days after Canary Wharf buy
The Qataris continued their UK shopping spree yesterday, buying a 10 per cent stake in the owner of British Airways…
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QNB tops ‘most valuable bank’ list in Mideast
QNB has been rated the most valuable banking brands across both the Middle East and Africa, according to the Brand…
Byblos Bank net profit up 12.5 per cent in 2014
Total assets grew three per cent (+$0.6 billion) to $19 billion as at 31 December 2014, while customers’ deposits rose…
Al Masah Capital wins Private Equity Fund of the Year Award, 2015
Al Masah Capital had a big night at the 2015 MENA Fund Manager Performance awards for the 6th year running. Al…
NBAD to host a panel discussion in London on "Future of Sukuk"
2014 was one of the most active years in the history of Islamic finance, in which a record 19 jurisdictions…
HSBC the latest bank to implement FATCA
Many people, including American citizens working in the Gulf state, received recently letters from their UAE-based banks asking them for…
Saraya Bandar Jissah signs financing pact with Bank of Beirut
Saraya Bandar Jissah, the company developing Oman`s newest Integrated Tourism Complex (ITC) in Muscat, have partnered with the Bank of…
Generali partners with Rakbank to sell its products into the UAE
Assicurazioni Generali has signed a bancassurance agreement with the National Bank of Ras Al-Khaimah in the United Arab Emirate. …
Abu Dhabi’s Centurion Said to Plan Travelex, UAE Merger
Abu Dhabi-based Centurion Investments plans to merge Travelex Holdings Ltd. with UAE Exchange and sell a stake in the merged…
FGB net profit rises 13pc
First Gulf Bank (FGB), the third-largest lender in the UAE by assets, beat analysts estimates yesterday after posting a 13…
Canaccord Genuity expands global footprint with presence in Dubai
Canaccord Genuity Group Inc. (the "Company") announces plans to build an investment banking and advisory practice with senior managing director…
At 30,000 crore, Indians, the biggest foreign investors in real estate sector of Dubai
The Dubai land department released the figures last week, stating that Indians were the highest value foreign investors, making 7,353…