Simmons’ alliance partner expands in Saudi
Simmons & Simmons’ alliance firm in Saudi Arabia, Hammad & Al-Mehda, is extending its reach with a new office in…
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Banque Du Caire Registers Profits in H1
An official source in Banque Du Caire said his bank achieved around EGP700million profits during the first half of the…
Emirate of Sharjah mandates banks for debut sukuk
The emirate of Sharjah has appointed HSBC, National Bank of Abu Dhabi and Standard Chartered to manage a debut sukuk…
Ajman Bank becomes the first bank in the Northern Emirates to distribute DMCC's UAE Gold Bullion Coins
DMCC, the global gateway for commodity trade and enterprise in Dubai and the region, has announced that Ajman Bank is…
Barwa Bank Net Profits Rise by 35% for the First Half of 2014
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, announced financial results for the first half of 2014.…
American expats in UAE: Time has come for Fatca
If you are from the US then you’ve probably heard of the Foreign Account Tax Compliance Act (Fatca), but are…
Abu Dhabi SWF says 'ready' to buy more hotel assets
The Abu Dhabi Investment Authority is ready to purchase more real estate hotel assets as the right opportunities appear, according…
Jordan introduces sukuk rules
Regulators in Jordan have introduced a set of long-awaited rules for the issuance of sukuk, or Islamic bonds, paving the…
BKIC net profit surges 30pc
Bahrain Kuwait Insurance Company (BKIC) yesterday announced that net profit for the first half of the current year increased by…
ABC Islamic Bank net profit increases 25pc
lamic Bank yesterday announced that its net profit for the first half of this year was $7.5 million, 25 per…
Jordan bank's profit up 16pc
Jordan's Housing Bank for Trade and Finance, the country's second largest lender, posted a 16.4 per cent increase in first-half…
SICO's net profit surges 166pc
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced its financial…