Khaleeji Commercial Bank reports net loss
The Bahrain-based bank reported total assets rose by 14.6 per cent to BHD 542.242 million while total liabilities rose 9.3…
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QNB is the Middle East's Most Valuable Bank Brand
The Brand Finance Banking 500, released today, is an annual study conducted by Brand Finance plc, the world's leading brand…
Al Salam Bank and BMI Bank conclude business combination
Al Salam Bank Bahrain BSC and Bahraini retail and commercial banking institution, BMI Bank B.S.C. (c), concluded their business combination…
Quilvest & Partners raises $1.3 billion in 2013
Global private equity platform led by CEO Fady Michel Abouchalache, of Middle East origin The company committed over $700 million…
World's largest professional body of management accountants celebrates impressive 2013 growth in the UAE
CIMA, the world's largest professional body of management accountants, enjoyed a substantial growth in the UAE where it saw more…
Your iPhone prevents you from getting a good night's sleep
You probably know the feeling of drifting off to sleep, only to detect through heavy eyelids that the bedroom has…
GCC seeing continued strong wealth growth
Assets under management have seen a significant upswing around the world but these gains have not translated into the top-and-bottom-line…
Dubai, Abu Dhabi Said to Complete Bourse Merger Due Diligence
Abu Dhabi and Dubai completed due diligence on a potential merger of the two bourses in the United Arab Emirates,…
ING Shuts Middle East Asset Management Operation In Dubai
ING Groep NV, the biggest Dutch financial-services company, is ending its equity investment management business in the Middle East and…
Profits rise 8% at Egypt's largest bank
Egypt's largest bank saw an eight percent rise in its net income in the fiscal year 2012/13 compared to the…
Bank of Sharjah net profit up 27pc
Bank of Sharjah, a leading bank in the UAE, has registered a net profit of Dh353 million ($96 million) in…
Standard Chartered Announces new CEO in UAE
Standard Chartered today announced Mohsin Nathani as the new Chief Executive Officer for its business in the UAE. Mohsin succeeds…