Dubai index falls 3.8 per cent in profit taking
Dubai’s equity index fell the most in seven months on Wednesday as investors booked profits. UAE shares have surged 35.7…
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GCC banks set to grow by single digit this year
The overall profitability of Gulf Cooperation Council banks is forecast to grow at high single digits this year, according to…
Bank Al-Jazira receives 'Best Islamic Bank in Saudi Arabia' award
Bank Al-Jazira has won the "Best Islamic Bank in the Kingdom" award in 2013 by World Finance, the international magazine…
Alkhabeer Capital posts 40% rise in net profit
Alkhabeer Capital, a major asset management and investment firm based in Saudi Arabia, and authorized by the Capital Market Authority,…
Art now a viable asset class for Middle East retail investors, says expert panel in Dubai
The necessary market maturity and support infrastructure is now in place to consider art as a viable standalone asset class…
Dubai Islamic Bank recognised as “Best Sukuk House” at EMEA Finance Awards
Dubai Islamic Bank, the largest Islamic Bank in the UAE, has been recognised at two of the most prestigious awards…
KFH to offer state-of-the-art Shari’ah-compliant real estate services with ETHIX Solution
Kuwait Finance House today announced the successful completion of an ICT project to upgrade its existing banking system, which allows…
UAE’s NBAD Picks Banks For Five-Year Aussie Bond-IFR
National Bank of Abu Dhabi, the emirate’s largest lender, has mandated four banks to arrange a five-year bond denominated in…
FGB hosts UAE real estate and regional investment markets seminar for its First Wealth clients
The event featured key note presentations delivered by a number of industry experts from global companies in the asset management…
KAMCO adopts latest technology from Path Solutions
Multi-award winning Islamic banking software provider, Path Solutions today announces the successful completion of its solution upgrade at KAMCO (KIPCO…
SABB Wins "Best Private Banking Services" Award
For the Third Consecutive Year SABB was named the winner of "Best Private Banking Services" award for the year 2014,…
Sudanese bank says dealings with Saudi Arabia unaffected
The general manager of the Bank of Khartoum Fadi Salim Al- Faqih said that the bank’s dealings with its counterparts…