QNB Group’s profit soars to $1.7 billion
QNB Group, one of the largest financial institutions in the Mena region, recorded a net profit of QR6.2 billion ($1.7...
Finance
Abu Dhabi Investment Authority 2nd largest sovereign wealth fund globally
The Abu Dhabi Investment Authority (ADIA), by the end of September, stands at the second place in the global list...
Saudi Aramco to invest $35 billion in oil projects over 5 years
Saudi Aramco plans to invest $35 billion over the next five years in projects to protect an oil production capacity...
Investment Development Authority of Lebanon processes 11 projects
The Investment Development Authority of Lebanon (IDAL) indicated that it has processed 11 projects in Lebanon in the first nine...
20 Lebanese banks among top 150 Arab banks
Al-Iktissad Wal-Aamal magazine's annual survey of top 150 banks in the Arab world included 20 Lebanese banks on the list,...
Financial inflows to Lebanon at $9.7 billion
The latest statistics on financial inflows revealed that they increased by 14.6% annually during the first eight months of 2012,...
Stocks of Lebanese banks are most attractive in MENA region
Regional investment bank EFG Hermes indicated that the share prices of the three largest listed Lebanese banks are currently the...
Qatar attracting top bankers
Qatar is luring high-profile bankers away from foreign firms by offering better pay and prospects, as the cash-rich Gulf state...
S&P: Qatar’s lending growth outlook remains strong
According to Standard and Poor’s (S&P), the outlook for lending growth remains healthy for Qatari banks. In parallel, that of...
Moody’s maintains a stable outlook on the Saudi banking system
Moody’s issued its latest banking sector report on Saudi Arabia in which it maintained a stable outlook on the system....
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