Top Financial Services News

  • Shuaa to sack another 31% of its staff


    Shares in Dubai's Shuaa Capital are up 9.14 per cent this morning to Dh0.74 apiece after the investment bank announced narrower losses for the fourth quarter of 2011 compared with the same period of 2010, and said in a statement that it will be further reducing its headcount by more than 31 per cent in the first half of 2012. Emirates 24|7 - 13Feb 10:40GMT
  •  
  • Investcorp announces successful first exit from Gulf Opportunity Fund


    Investcorp, the alternative investments specialist, today announced the first exit from its Gulf Opportunity Fund I. The Firm also reported its results for the six months ended December 31, 2011 (H1 FY12). Press Release - 13Feb 07:57GMT
  •  
  • Shuaa Capital reports 2011 year-end results


    Shuaa Capital announced revenues in the fourth quarter 2011 were AED 20.1 million (FY 2010: AED 42.8 million) and the Company reported a net loss of AED 111.8 million (FY 2010: net loss AED 186.7 million). Press Release - 13Feb 07:56GMT
  •  
  • Saudi banks' 2011 profits at 5-year high


    Saudi Arabia's banks earned nearly SR30.9 billion in 2011 to net their highest income since 2006 as a result of a pick up in domestic credit and lower loan loss provisions, according to official data. Emirates 24|7 - 13Feb 07:49GMT
  •  
  • SR10bn Mobily loan deal to boost data services, revenues


    Etihad Etisalat (Mobily) signed a SR10 billion loan agreement with seven local banks to boost its revenues and invest in its broadband and data services business. Arab News - 13Feb 07:48GMT
  •  
  • Al Omaniya Financial 2011 net jumps 16.94%


    Al Omaniya Financial Services, the Sultanate's largest non-banking financial company (NBFC), declared its audited results for the year 2011 showing a Net Profit of RO 4.831 million for the year ended December 31, 2011, an increase of 16.94 per cent over the previous year. Oman Daily Observer - 13Feb 07:43GMT
  •  
  • BankMuscat rolls out IT recovery solution


    BankMuscat said it has achieved a unique disaster recovery capability covering all of the bank's information technology-based operations. The scale and complexity of the solution, implemented by HP, makes the BankMuscat capability the first of its kind in Oman and the region, a press release said. Muscat Daily - 13Feb 06:48GMT
  •  
  • Daman takes initiative to halt fraud and abuse in medical insurance


    Daman, the country's largest health insurer, has revealed that more than 1,000 suspected cases of fraud were examined during last year, and referred a number of cases to the criminal court of Abu Dhabi. Arab News - 13Feb 06:26GMT
  •  
  • TASI falls slightly; turnover at SR8.7bn


    The Saudi stock market (Tadawul) retreated to 6,802.94 on Sunday, which was roughly where it started the day. The Tadawul All-Share Index (TASI) lost about 28 points during the day but bounced up and down to close at 6,802.94 levels, just 1.09 points down. General perception of the investors remained negative and Saudi stocks declined a little from earlier levels. Arab News - 13Feb 06:25GMT
  •  
  • MSM posts highest gains this year


    The MSM30 index ended last week (February 6-9) with the highest weekly gain this year, adding 1.04 per cent to 5,622.18, with all the sectoral indices in green territory. Muscat Daily - 13Feb 06:09GMT
  •  
Newsletter
 
 
 
MORE NEWS & ANALYSIS 
» All Financial Services News | All Analysis 
The Toolbox

Radio     

Latest market news
 
Dubai Eye - 09 Feb 2012
Andrew Scott, Professor of Economics at the London Business School, discusses European debt, recovery in the Middle East and Africa, and the global population issue.
 
 
 
 
Community Buzz

Stories in Financial Services

Companies in Financial Services

Projects

Blogs

Calendar

 
 
 
 
 
Zawya Select
ZawyaSelect
UAE
An untapped goldmine
The top 100 micro, small and medium sized companies in Dubai have combined revenues of AED2.3bn, net profit of AED220m, and employ 4,319 people.
 

 
Most trusted ME banks
Thirty-three Middle East banks are among 500 of the world's most trusted banks, according to a new study.
 

 
No sir of mine
The U.K. Government sent out a message to fat-cat bankers by stripping ex-RBS chief Fred Goodwin of his knighthood. But should Sir Alan Greenspan and Sir Mervyn King suffer the same fate too, asks a senior economist?
 
 
Companies in Financial Services
Loading ...
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Saudi Basic Industries Corporation Saudi Arabia 75,990
2 Al Rajhi Bank Saudi Arabia 29,696
3 Qatar National Bank Qatar 26,133
4 Industries Qatar Qatar 20,299
5 Emirates Telecommunications Corporation UAE 19,910
» View Full List
 
 
Middle East Jobs
Most Recent Jobs
Search
Post Your CV
  • Keywords
  • Location
 
» View More jobs