Capinnova Investment Bank announces second quarter results
Bahrain-based Capinnova Investment Bank, the Shari’a compliant investment banking arm of BBK, has reported a net profit of $806,000 for…
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Burgan Bank Wins "Best Private Bank in Kuwait" Award
Burgan Bank today announced that it has been awarded the prestigious "2011 Best Private Bank in Kuwait" award by World…
BankMuscat gears up for Islamic banking
BankMuscat, the Sultanate' biggest bank, is fully geared to roll out Islamic banking products, once the regulatory framework is in…
SICO posts net profit of BD1.127m for Q2
Bahrainâbased Securities & Investment Company (SICO) announced today a net profit of BD 1.127 million for the second quarter of…
Arab holdings of US bonds put at $470bn
The downgrading of the US credit rating will likely have "far-reaching consequences" on the Arab region, according to Chairman of…
Banking, financial products see four-fold online increase
Online search for financial products quadruples in MENA Dubai The number of people searching online for banking and financial products…
Gulf CEOs keep fingers crossed
The downgrade of the US credit rating from AAA to AA+ has caused a lot of concern among the UAE…
Al Baraka’s H1 income surges 15pc to $353m
After deducting all operating expenses, net operating income was up 13 per cent to $170m. The net income…
GE hires former Morgan Stanley banker Brunsberg
GE Capital, the financial services unit of General Electric, has hired Ellen Brunsberg to head up its capital markets activities…
Fresh Q2 earnings boost Dubai bourse
Most Gulf markets returned to negative territory on Thursday amid wide-spread concerns over the US economy, while a set of…
Abu Dhabi Islamic Bank and UAE Exchange partner for card payments
UAE Exchange has a wide network of branches across the UAE at which ADIB Covered Cardholders can…
Cramer-Salamian reinforces its Dubai team with appointment of new counsel
Cecilia Bicca Paetzelt holds a bachelor degree in Legal and Social Sciences and a post-graduate degree in Business Law,…