Turkish banks' H1 net profit up 19.7 pct
The sector's loans rose 15.9 percent from the end of last year to 921.2 billion lira at the end of…
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UAE has higher proportion of online banking customers than UK
The UAE has a higher proportion of online banking customers than the UK and a big part of that…
Israel's latest pick for central bank chief quits
Israel's newly designated central bank chief dropped his candidacy for the post Friday, following a similar withdrawal of the previous…
Credit Agricole Egypt (CAE) Q2 2013 net profit EGP 207 million
Credit Agricole Egypt's net profit of EGP 207 million in Q2 2013 was up 51 per cent YoY and…
Bahrain's Al Baraka Bank Q2 net rises 11 pct
Bahrain-based Islamic lender Al Baraka Banking Group said on Sunday that its net income for the second quarter totalled $42…
Dubai Property Brokers Net Dhs785m In Commission In H1 2013
Dubai’s real estate property intermediaries, companies and individuals, registered under Real Estate Regulatory Authority (RERA), earned around Dhs785 million in…
Dubai Investments Q2 net profit more than doubles
Conglomerate Dubai Investments , which is planning to issue a $300 million sukuk this year, said on Thursday that its…
Dubai exchange has appointed Hamed Ahmed Ali as CEO.
The appointment follows Ali’s success in developing the exchange in the role of acting CEO since August 2012. Activities…
Sale Le Printemps to Qatari finalised
French chain of luxury department stores Le Printemps has been sold completely to its new Qatari owners. The amount for…
BlackBerry Porsche P'9982 for rich folk in leaked photo
Porsche is back in the driving seat with BlackBerry once again, the pair hitting the road with a new phone…
Moody's says GCC Governments' Sizeable Sovereign Wealth Funds Will Support Rating Resiliency
The considerable assets contained in the sovereign wealth funds of the countries composing the Gulf Cooperation Council support the…
GIB's net income rises 4.5pc to $60.6 million
Bahrain-based Gulf International Bank yesterday reported consolidated net income after tax of $60.6 million for the first half of…