Noor Islamic Bank reports net profits of Dh75.5 million for 2012
Noor Islamic Bank reported a net profit of Dh75.5 million for the full year 2012, up Dh26.4 million compared…
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UAE's First Gulf Bank Q1 net profit rises 12 pct
First Gulf Bank, the second-largest bank in the United Arab Emirates by market value, posted a 12 percent increase…
China's second largest law firm opens Israel office
China's second largest law firm Yingke has launched an office in Israel this month via a merger with local firm…
Bahrain picks banks for benchmark-sized sovereign bond
The Gulf kingdom of Bahrain has mandated banks for a sovereign bond issue, three banking sources familiar with the matter…
Banking giant predicts gold price collapse
ABN Amro, the Dutch state-owned banking giant, recently revised its global macro and gold outlook, forecasting a $1,300 gold price…
Jason Barrass joins Barclays as Head of Africa Trade
Jason will be responsible for Barclays pan-Africa trade business across structured trade, to the flow business, supporting global corporate clients…
Western expat CEOs top earners in GCC
According to a survey carried out by Gulf Business on the salaries of Western CEOs in the GCC in 2013,…
UAE regulator pledges consultation after easing fund rule
New rules set by the Securities and Commodities Authority (SCA) last August tightened requirements for foreign funds in the UAE.…
Standard Chartered recognized for excellence across the Middle East
Standard Chartered also won the "Best Foreign Bank in Bahrain, Jordan and UAE" and "Best Foreign investment bank in Qatar…
Jordan’s Arab Bank reports small rise in Q1 profits
Jordan-based Arab Bank Group made a net profit of $205.1 million in the first quarter of the year, up from…
QIB nets QR291m profit
Qatar Islamic Bank’s (QIB) net profit reached QR291m for the first quarter of 2013. The bank’s total assets increased by…
Swiss Bank Pictet’s Water Fund Boosted by Middle East Shortage
Swiss bank Pictet & Cie.’s water fund is profiting from the Middle East’s need to buy the technology to make…