Emirates Investment Bank reports 2014 Interim Results
Financial Highlights: H1 2014 net profit up 27% on same period last year to AED 35.3 million (H1 2013: AED…
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State Street appoints head of strategic market initiatives for EMEA
Oliver Berger has been appointed senior vice president, head of strategic market initiatives for Europe, the Middle East and Africa…
LMC registers net profit of $2.10m
Liquidity Management Centre (LMC), a Bahrain-based wholesale Islamic bank, has reported a net profit of $2.10 million for the second…
Injaz Mena returns to profit and rebrands as Integrated Capital
Following a highly successful restructuring exercise, Injaz Mena, a licensed investment company regulated by the Central Bank of the UAE,…
Dubai Financial Market Secures Five More Margin Trading Members
Equity derivatives trading is set to increase in the Middle East’s largest financial centre, Dubai, as the Dubai Financial Market…
Kuwait Top Arab Investor Abroad In 2013
FDI tails off after the completion of major hydrocarbon projects and on the back of Middle East unrest. Foreign…
Qatar emir issues law raising foreign ownership limits for stocks
Qatar's emir has issued a law providing for foreign investors to own up to 49 percent of listed Qatari companies,…
Banking On Technology
Banks in the GCC are leveraging the latest technologies to keep pace with a customer base whose members are increasingly…
BNY Mellon wins Treasury Services Award from EMEA Finance
BNY Mellonhas won a top ranking in EMEA Finance's annual Treasury Services Awards. EMEA Finance's Treasury Services Awards recognise…
Bahrain's Ahli United Bank Q2 profit up 35.1 pct
Ahli United Bank, Bahrain's largest lender, posted 35.1 percent rise in its second-quarter net profit, the bank said in a…
Injaz Mena reports Dh7.1m profit
Injaz Mena, an investment company regulated by the Central Bank of the UAE on Wednesday reported net profit of Dh7.1…
Turkey’s Babacan Says Gov Wants Ziraat to Purchase Bank Asya
Ali Babacan, deputy Turkish Prime Minister, said the government would support state bank TC Ziraat Bankasi AS buying Asya Katilim…