Bahrain's Investcorp says it has sold US media company
Bahrain-based alternative investment fund Investcorp said on Sunday that it has completed the sale of New York-based business-to-business media company…
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SAP: Middle East insurers adopt digital strategies to boost outreach to millennials
Insurers are in agreement that the growing customer base of millennials — generally considered those born between the early 1980s…
Middle East banks 'set for global expansion'
World trade flows, increased gross domestic product (GDP), a growing middle class and new technologies will help banks based in…
BMI Bank's operating income increases 6pc
BMI Bank, a subsidiary of Al Salam Bank Bahrain, has reported a loss after provisions of BD3.1 million for the…
Oman's Islamic Finance Net Revenue Soar 147%
Oman’s Islamic banking sector witnessed significant growth during the first half of 2014 in terms of deposits and revenues amid…
Sovereign wealth funds embark on global spending spree
The world’s big government owned investors went on a spending spree in the first half of the year, with the…
Doha Bank head gets ‘Best Banking Chairman’ award
Sheikh Fahad bin Mohammad bin Jabor Al Thani , Chairman of Doha Bank Board of Directors has been honored with…
Noor Bank appoints new Treasurer
Noor Bank announced the appointment of Damian White as Treasurer in a statement on Sunday. The role entails managing…
Al Baraka Banking Group raises its profit to $143m
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced a net profit of $143m for the…
KHCB announce net profit of BHD 1.2 million for Q2 2014
Khaleeji Commercial Bank (KHCB), a prominent Islamic retail Bank, announced its financial results for the second quarter of 2014 making…
Dubai-owned developer Meraas may launch IPO
Dubai’s Meraas Holding is considering launching an initial public offering, sources close to the company have claimed. Three sources…
KFH to pay fees for empty pieces of land
Kuwait Finance House Chairman, Hamad Al-Marzouq stated that KFH took the initiative to pay the prescribed fees for empty pieces…