Bahrain financial sector 'grows on GCC demand'
Growing demand for more sophisticated financial products and services helped drive growth in Bahrain's financial sector during last year according…
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Bahrain-based Islamic investment bank registers net profit of $14.8 million
Global Banking Corporation, a Bahrain-based Islamic investment bank, has reported a net profit of $14.835 million for last year, as…
Kempinski, Citibank in 'partnership' deal
Citibank Bahrain and Kempinski Grand & Ixir Hotel at Bahrain City Centre have signed a deal to provide multiple privileges…
Saudi Arabia to Sell stake in the country’s largest lender
The Saudi government’s decision to sell part of its stake in the country’s largest lender in an initial public offering…
ADIB wins Best UAE Islamic Bank Award for the fifth year running
Abu Dhabi Islamic Bank, a top-tier financial institution, has been awarded Best Islamic Bank in the UAE for the fifth…
GCC and Levant banks warned against complacency on capital requirements ahead of Basel III
GCC and Levant banks could face massive capital shortfalls because of tighter capital requirements if they do not manage their…
‘KIB’ Receives Best Islamic Bank Award
Kuwait International Bank “KIB” added a new achievement and honor to its track record after receiving Best Islamic Bank 2014…
Over half of Saudi customers have complete trust in their financial services provider
Customers in KSA have a high degree of trust in their primary financial service providers (PFSP), higher than seen globally,…
Bank Muscat’s sukuk issue seen by September
The proposed sukuk issue of Bank Muscat, which is going to be the first Islamic bond or sukuk issue of…
Nedbank sees opportunities in inclusive private banking
If you thought private banking is meant only for those who have a few of millions of dollars to spare,…
KAMCO's AUM growth at 20%
KAMCO, announces its financial results for the year ending on 31 December 2013.KAMCO posted a Net Profit of KD 3.02…
6 reasons why Dubai's real estate boom is on the money
Dubai is experiencing a sound and balanced cyclical economic upswing and the real estate growth not being Dubai reminiscent of…