Banks lift UAE, Qatar markets; Saudi Arabia bourse retreats
Banking stocks helped Qatar close at a fresh all-time high on Monday and lifted the markets in the United Arab…
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Qatar needs to stay vigilant on overheating risks: IMF
A senior International Monetary Fund official has urged Qatar to remain “vigilant” about overheating risks, and said “careful sequencing and…
Qatar bourse closes New York leg of investor forum
Qatar Stock Exchange, in collaboration with QNB Financial Services and Bank of America Merrill Lynch, yesterday completed a two-day roadshow…
Tax-Free Bonuses Disappoint as Middle East Bankers Plan Job Hunt
Banking and finance professionals in the Middle East plan to seek new jobs this year after bonuses failed to meet…
Kuwaitis team up with Church of England for stake in RBS spin-off bank Williams & Glyn
The Kuwaiti sovereign wealth fund has lined up alongside the Church of England as a surprise backer of Williams &…
Saudi Arabian bank opens Malaysia office
Islamic Development Bank the Saudi Arabia-based multinational lender, is seeking to boost trading in Syariah-compliant products by opening an office…
DIB in talks for Indonesia buy as profit doubles
The chief executive of Dubai Islamic Bank said on May 01 it was in talks to buy a 40 percent…
Abu Dhabi’s NBAD Hires From HSBC as Thursby Seeks to Recruit 450
National Bank of Abu Dhabi PJSC, the United Arab Emirates’ biggest bank, plans to recruit 450 people this year to…
Emirates NBD’s Retail Banking and Wealth Management business has had a fantastic first quarter
Emirates NBD’s Retail Banking and Wealth Management business has had a fantastic first quarter with 13 per cent growth in…
Leading ME bank Launches Global Wealth Management Service In Singapore
FGB, one of the leading banks in the UAE, is expanding its Consumer Banking Group services globally, and has announced…
KAMCO posts KD 3 mln in net profits in 2013
Kipco Asset Management Company (KAMCO) on Sunday announced net profits of KD 3 million (USD 10.6 million) in 2013, with…
Next 5yrs could be "one of the biggest boom cycles" – Dubai royal
The next five years will be great for investment and the global economy could see "one of the biggest boom…