Profits of top 12 Lebanese banks up 7%
The unaudited consolidated net profits of the Alpha Group of banks reached $1.2bn in the first nine months of 2012,...
Finance
Qatar issued $25 billion sukuk this year
Qatar has issued Islamic bonds (sukuks) worth a staggering $25bn this year, with more than 50 percent of the subscribers...
Qatar Holding granted $1 billion quota to invest in China's capital markets
Qatar Holdings LLC, the investment arm of Qater's sovereign wealth fund, has been granted a $1 billion of quota to...
Construction projects to boost capital markets in Saudi Arabia
A multi-billion-dollar development program under way in Saudi Arabia is proving to be instrumental in helping the government achieve its...
Saudi banks head for record profits in 2012
Saudi Arabia's banks netted more than SR28 billion ($7.5 billion) in the first 10 months of 2012 as lending continued...
New law regulating Qatar Central Bank
HH the Emir Sheikh Hamad bin Khalifa al-Thani has issued the Law No.13 of 2012 regulating the functioning of the...
New contract signed to establish investment zone in Baghdad
The Iraqi Free Zones announced it signed a contract with a local company to establish a special zone to practice...
Italian SMEs scout for investments in Qatar
The Italian Business Council of Qatar (IBQC) is set to become the Italian Chamber of Commerce of Qatar (ICCQ). It...
Qatar Holding inks $389 million French partnership
French State-owned Caisse des Depots and Qatar Holding said they signed a memorandum of understanding to co-invest in small and...
Iraq needs 640 banks for economic development
Financial experts recently said that the number of current Iraqi banks, with few branches, is not enough to contribute to...
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