Bahrain-based Ibdar Bank said that its financial results for the first quarter of the year was marked by strong performance and profitability.
For the quarter, the wholesale Islamic investment bank reported a net profit of $3 mill
The cases of type 2 diabetes continue to soar in the Middle East and North Africa (Mena) region, where around one in every ten adults live with diabetes, according to recent data.
The International Diabetes Federation’s new
Wego, a leading travel search site in the Middle East and Asia Pacific, has recorded a surge in site visits, searches and revenue during this year’s Ramadan, the highest since establishing its regional office in Dubai last year.
Morgan Stanley's second-quarter income more than doubled, helped by rising revenue in its retail brokerage business as it won more assets to manage from clients without adding brokers, the investment bank said yesterday.
The confidence among CEOs in the UAE climbed 3.1 points to 70.6 in the last quarter of 2013, according to a sentiment index.
The YPO Global Pulse sentiment index pointed out that it was at par with Saudi Arabia (71.8), and above t
The number of job seekers in the Arab world is projected to soar to 95 million by 2030 from the current 55 million, said a report.
Fighting unemployment, development of human capital and preparing administrative leaders have becom
Kuwait's Zain climbed to a five-week high on Thursday on talk the telecom firm was closer to a $950 million sale of its stake in Zain Saudi , as regional bourses ended mixed amid uncertainty in global markets.
Zain climbed to at its highes
Deposits in Jordan's banking sector rose by 11 per cent in December against the same period in 2008 to 20.1 billion dinars ($28.3 billion) with strong inflows into the local currency assets, central bank data showed on Friday.
United Arab Emirates consumer prices rose in November year-on-year, the first time in four months, though analysts said a weak property market is expected to cool sharper rises going forward.
The global financial crisis ended an oil and re