Saudi banking is least leveraged
Saudi Arabia is the largest economy and banking market in the Arab world, with almost 40 per cent of all…
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Saudi Arabia may open stock market to foreign investors
Saudi Arabia's Capital Market Authority is in discussions with international banks to open the country's stock exchange to foreign investors…
Top Mideast bank reports Q3 profit rises 3pc
First Gulf Bank PJSC, (FGB), the financial partner of choice in the UAE, posted a net profit of Dhs920m for…
Dubai neither doomed to fail, nor a safe haven: BofA-ML
While the worst is definitely a view that’s visible from a rear-view mirror in Dubai and there are a number…
UAE has highest Arab bank adequacy
The UAE has the highest capital adequacy ratio in its banks in the Arab world because of a steady rise…
Dubai realty prices will fall another 10%
Dubai's housing market will lose another 10 per cent of its value before its fortunes start to improve, possibly not…
Emirates NBD reports third quarter net profit
Emirates NBD, the UAE's largest bank by assets, on Monday reported a net profit of Dh175 million for the third…
First Gulf's profit rises 8% on core banking
First Gulf Bank (FGB) yesterday announced a net profit of Dh920 million for the third quarter of 2011, an increase…
Al Jazeera Finance taps new chief
Al Jazeera Finance announces that the board member approve that Mr. Amer Mohamed Al Jabri to the new CEO of…
Top lenders forms alliance to support SMEs in Jordan
Jordan Enterprise Development Corporation (JEDCO), the European Investment Bank (EIB) and Abraaj Capital have jointly announced the launch of the…
Banks shed staff in Dubai as deals dry up
International investment banks are shedding staff in Dubai and sending top executives home as deals in the region dry up…
RAK Properties and United Arab Bank sign MoU to provide mortgages to end-users
RAK Properties PJSC, Ras Al Khaimah's leading property developer listed on the Abu Dhabi Securities Market, and United Arab Bank…