Gulf expansion push buoys Middle East banking M&A
For years, Dubai's top bank Emirates NBD (ENBD) relied on its home base and cosy relationship with leading government-related entities…
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Qatar bank steals top spot from OCBC as world's strongest bank
Singapore is no longer home to the world's strongest bank, according to Bloomberg Markets Magazine's third annual ranking of the…
Barclays back in the spotlight over £30m payout in 2008 rescue deal
It is the story that will not die down. Just as Barclays seems to be putting its past behind it,…
Standard Chartered appoints new wholesale banking head
Standard Chartered Oman has announced the appointment of Hussain Ghalib Al Yafai as the new head of wholesale banking for…
Middle East investors line-up to buy property in Northern Cyprus
Despite negative perceptions about property ownership in North Cyprus, there has been an increase in the number of Middle…
Barwa Real Estate Q1 profit nearly halves
Qatar’s Barwa Real Estate Co. said first-quarter net profit almost halved to 158.5 million Qatari riyals ($43 million), from 292.5…
Dubai-based luxury real estate developer eyes London float
A Dubai-based luxury real estate developer renowned during the Gulf state's boom for handing out sports cars and yachts to…
HSBC Bank Oman’s first-quarter net profit rose 91%
HSBC Bank Oman, a unit of HSBC, on Tuesday said its first-quarter net profit rose 91 percent from a year…
ABK Records Q1 Net Profit
Al Ahli Bank of Kuwait has announced its financial results for the first quarter ended 31 March 2013, and reported…
Kingdom Holding completes refinancing of London Savoy
A company press release says the move caps a milestone event for a business worth in excess of £ 600…
Qatar Islamic Bank rules out 2013 sukuk issues
Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before…
Barclays expands wealth and investment management team
Barclays has announced the appointment of Marc Hakim as Director within the Wealth and Investment Management division. Marc holds more…