UGB announces nine months net profit attributable to the shareholders of parent of $ 15.7 million
United Gulf Bank B.S.C. UGB today announced a net profit attributable to the shareholders of parent of $ 15.7 million…
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Khaleeji Commercial Bank Announces Third Quarter Financial Results for the period ending 30th September 2014
Khaleeji Commercial Bank (KHCB), a prominent Islamic retail Bank in the Kingdom of Bahrain, announced achieving positive financial results in…
Turning the tap on: Water as a business model
Too many people in the world don’t have access to safe drinking water in their homes. This month’s meeting of…
Goldman leads $1.15bn project loans for Dubai theme parks
Goldman Sachs is expected to sign a $1.15 billion project financing loan for Dubai Park and Resorts this week, which…
Barclays sued by Saudi developer for $10 billion
A Saudi real estate company has sued Barclays for $10 billion, claiming the bank ceased pursuing lease payments due from…
Service tax ‘to have no impact’ on remittances
The recently introduced service tax on remittance fee is unlikely to have an impact on foreign exchange inflow from non-resident…
SICO's net profit increases by 10% to bd 6.85 million.
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its…
Mashreq establishes Corporate Alliance with anti-fraud organisation
H.E. Abdul-Aziz Al-Ghurair, CEO of Mashreq, commented, “We are proud to be the first Bank in the Middle East to…
Abu Dhabi’s Aldar Quarterly Net Rises 41% as Leasing Grows
Aldar Properties PJSC, Abu Dhabi’s largest developer, said third-quarter profit climbed 41 percent as leasing revenue grew and homes were…
NBAD Named Best Private Bank in UAE
The National Bank of Abu Dhabi (NBAD) has been selected the 'Best Private Bank in the UAE' for the third…
Swiss Private Bank to invest in Israeli startups
The bank seeks new opportunities for the affluent clients of its wealth management business Swiss Financial giant Credit Suisse…
Guess who will get a bonus this year
Bonus or no bonus? That is the question. As the end of the year rolls around, the question foremost in…