Dubai lender Mashreq's Q4 net profit jumps 48%
Mashreq, Dubai's third-biggest lender by assets, on Monday posted a 48 percent rise in fourth-quarter net profit, Reuters calculations showed.…
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Shuaa’s Emirates Gateway Fund named best UAE Equity Fund
Shuaa recently said its Emirates Gateway Fund has been awarded by MENA FM magazine as the best performing UAE Fund…
S&P GCC Composite Shariah Dividend Index Launched by S&P Dow Jones Indices
S&P Dow Jones Indices today announced the launch of the S&P GCC Composite Shariah Dividend Index which is designed to…
Bahrain's Mumtalakat eyes new investments as portfolio improves
The finances of Bahrain's sovereign wealth fund Mumtalakat are improving, allowing it to look for new investments more agressively this…
Al Ghurair replaced as chairman of Dubai's DIFC
Abdul Aziz Al Ghurair has been replaced by Essa Kazim as chairman of Dubai International Financial Centre Authoritythe body that…
ABK posts KWD 35.4m net profit in 2013
Al Ahli Bank of Kuwait achieved KD 81.5 million operating profits and KD 35.4 million net profits for the financial…
Dubai's real estate brokers earn AED1.8bn in 2013
The Dubai Land Department has announced that the total value of real estate brokers' commissions for 2013 totalled over AED…
Jordan's Arab Bank net profit rises 43 pct in 2013
Jordan's largest lender, Arab Bank Group, posted a 43 percent rise in net profit to $501.9 million last year on…
Abu Dhabi to host Global Financial Markets Forum
The National Bank of Abu Dhabi (NBAD) is organising the sixth Global Financial Markets Forum (GFMF) in March to analyse…
Credit Suisse Bonuses to Include Bonds That Can Be Wiped Out
Credit Suisse Group AG, the second-largest Swiss bank, is paying part of 2013 bonuses to top employees in bonds that…
Top honor for Deutsche Bank
Deutsche Bank has won Islamic Finance news “Best Islamic Trustee/Custodian 2011” Award. In addition, Deutsche Bank received the awards…
Standard Life appoints key Mideast head
Standard Life, a leading provider of long-term savings and investments, yesterday announced it has strengthened its regional senior team by…