Qatar shares jump on budget optimism
The Qatar Exchange yesterday crossed the 11,900 mark, encouraged by the growth-oriented and private sector-supportive 2014-15 General Budget. Domestic…
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Dubai Holding's DHCOG says 2013 net profit jumps 178%
Dubai ruler's flagship company Dubai Holding said on Sunday its unit Dubai Holding Commercial Operations Group has almost tripled its…
Egypt’s economy to strengthen from 2014 to 2016: HSBC
The Egyptian economy is expected to pick up from 2014 to 2016 influenced by real export growth, according to HSBC’s…
Adia among leaders in record year for sovereign wealth funds
Sovereign wealth funds, the big government-owned investing institutions, had a year of record activity in 2013, with the highest levels…
Profits almost triple for Dubai flagship conglomerate
One of Dubai’s flagship conglomerates has achieved a near threefold rise in profits for 2013 on the back of the…
Libya Fund Accuses French bank of Fraud
French bank Société Générale paid a middleman $58 million in alleged bribes to secure almost $2 billion in business from…
ITS completes upgrade of Kuwait International Bank's systems
ITS has announced the successful completion of an ICT project with Kuwait International Bank to upgrade its banking systems offering…
Zurich launches first Life Insurance proposition designed specifically for Middle East SMEs
Small and medium sized enterprises in the Middle East are leaving the very existence of their business at risk by…
NBAD Wins Two Islamic Finance Awards
The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards. Named the…
Strategic brand consultancy Industry opens a new office in Bahrain
Industry, an award-winning strategic branding consultancy headquartered in London, has opened a new office in the Kingdom of Bahrain. …
NBAD Mena Dividend Leader crosses AED 1 billion
The National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund has grown to more than AED1 billion and become…
Emirates Islamic unveils financing facility for commercial properties
Emirates Islamic on Sunday announced the launch of a financing scheme at competitive profit rates for completed commercial properties in…