Leading wealth management firm Expands in Middle East
Northern Trust is expanding its global footprint with the opening of an office in Riyadh, capital city of the Kingdom…
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Duet Fund fails to complete Habas deal
CEO Hertzel Habas notified the TASE this morning that that the closing date of September 6 for completing the Duet…
Al Hilal Bank becomes the only Islamic bank in the UAE to be rated A1 by Moody’s & A+ by Fitch
Al Hilal Bank has announced that it has been awarded an A1 rating by Moody’s and an A+ by Fitch,…
Al Hilal Bank eyes 42% jump in net income this year
Abu Dhabi-based Islamic lender Al Hilal Bank is eyeing a nearly 42 per cent increase in its net profit in…
Al Salam, BMI in key merger agreement
Bahraini retail lender BMI said its board members have reached an agreement with Al Salam Bank-Bahrain, a dynamic, diversified and…
Dubai bank offers free holidays to entice more borrowers
A Dubai bank is offering free holidays and a delayed repayment plan in a bid to entice customers to borrow…
Are asset bubbles on the horizon for the UAE?
If any proof were needed of the importance of the UAE to Standard Chartered, then you need look no further…
Morocco's Attijariwafa Bank Profit Hit By Rise in Bad Debts
The bank is exposed to weak economies in sub-Saharan Africa where it is developing aggressively. And a slow-down in the…
First Gulf Bank Plans More Hiring in Investment Bank Transition
First Gulf Bank PJSC, the Abu Dhabi-based lender which this week recruited former Standard Chartered banker Steve Perry, is planning…
Path Solutions Announces the Recertification of iMAL by a Leading Sharia Supervisory Body
Path Solutions has announced that it is in the process of recertifying its multi-award winning Islamic core banking system -…
Amwal Invest Sues Ernst & Young For Hiding Financial Troubles
Amwal Invest is suing international accounting firm Ernst & Young (E&Y) over allegations it covered up financial irregularities by a…
Qatar Banking Sector Set To Meet USD100bn Country Need
Qatar's banking Sector is set to Meet The Country's Infrastructure Finance Demand in excess of $100bn until 2022, says a…