GCC, Mideast emerge as strong investment destinations
In the context of the changing global economic outlook, most emerging markets are becoming less attractive compared to developed markets…
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Key sectors to invest in within Middle East
Emirates NBD’s Wealth Management division has identified the real estate/construction sector as the most attractive to invest in within the…
High-tech banking solutions to be unveiled in Dubai
A wide array of high-tech banking solutions will be unveiled in Dubai on Tuesday, from speech recognition software to fingerprint…
Abu Dhabi's Union National Bank Q1 net profit rises 3.5 pct
Union National Bank, 50 percent owned by the Abu Dhabi government, posted a 3.5 percent rise in first-quarter net profit…
GFH assures positive financial position
Gulf Finance House issued a statement on Monday to assure to its shareholders and the market that the bank’s financial…
Emirates NBD points investors towards Arabian Gulf and developed markets
Emirates NBD, Dubai’s largest bank, is advising its clients to put more of their money into US, Japanese and Arabian…
Dubai's Shuaa Capital swings to Q1 profit
Total revenues were AED 64m;a77% increaseon Q1 2013’s AED 36m Net profit of AED 8.2m; continuous quarterly improvement in profitability…
National Bank of Oman names new CEO
The National Bank of Oman on Saturday announced the appointment of Ahmed Al Musalmi as Chief Executive Officer. Al…
QFMA eyes Qatar as regional hub for foreign funds and technology
HE Sheikh Abdullah bin Saoud Al Thani, Chairman of the Board of Directors of the Qatar Financial Markets Authority (QFMA),…
Global sukuk issuance hit USD 13.4 billion in April
Kuwait Finance House (KFH) announced on Friday(May 9th) the global primary sukuk market has begun 2Q 2014 on a solid…
Pakistan invites Middle East banks for investment
Pakistan is seriously considering a possibility of sukuk transaction in later part of 2014 and expects an active participation of…
Israel Inks Model 1 FATCA IGA
Bloomberg BNA is reporting that Israel has signed a FATCA IGA. The agreement is a Model 1 agreement, meaning…