Kamco Invest reports net profit of KWD8.2mn
Kamco Invest has announced its financial results for the 9 months period ended 30 September 2021. The Company reported a…
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BBVA launches offer for rest of Garanti in bet on Turkey
BBVA’s Board of Directors has agreed to launch a voluntary takeover bid for the 50.15 percent stake it does not…
Sukuk Perceptions and Forecast Study 2021: Thriving Amidst Uncertainty
Global sukuk issuance reached $147 billion in the first nine months of 2021, carrying over momentum from 2020 and on…
Survey Finds 60% Of Employees Experience Frustration With New Software
Sixty percent of workers said new software had occasionally or frequently frustrated them within the past 24 months, according to…
GGICO posts Q3 loss at $6.55mln
The board of Dubai-based investment company GGICO (Gulf General Investments Co PSC) is considering the continuity of the company after…
League of Arab States to finalize pan Arab green hydrogen study by year end
The League of Arab States, an intergovernmental organization for Arab countries, is in the process of preparing a study and…
UAE Government amends federal tax procedures
The United Arab Emirates (UAE) Federal Tax Authority (FTA) has amended Federal Law No. 7 of 2017 on Federal Tax…
Markaz report signals sustained robust recovery for UAE's real estate sector
Kuwait Financial Centre 'Markaz' announced the launch of its ‘UAE Real Estate Outlook H1 2021’ report that features indicators signifying…
Egypt abolishes share deals stamp duty and cuts profits tax
Investors in Egypt will benefit from its government's new move to abolish stamp duty on stock market transactions, in addition…
Abdul Latif Jameel family wealth up by $11.5bn after Rivian's IPO
The Abdul Latif Jameel family, who own dealerships of Toyota and Lexus vehicles in Saudi Arabia, has increased its wealth…
Fitch affirms Abu Dhabi Commercial Bank at A+ with stable outlook
Global rating agency Fitch has affirmed Abu Dhabi Commercial Bank's (ADCB) long-term Issuer Default Rating (IDR) at 'A+' with stable…
Jersey Finance launches landmark study on the global attitudes to Islamic Wealth Management
Jersey Finance has launched a significant study into the attitudes towards the Islamic finance wealth management market by Muslim High…