Gulf stock markets rise on strong earnings
Stock markets across the Gulf region opened higher on Monday, buoyed by positive corporate earnings reports.
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Qatar Islamic Bank
Kuwaiti Finance House offers to acquire United Bank of Egypt
Kuwait Finance House (KFH) has submitted a non-binding offer to acquire United Bank of Egypt, the Federation of…
Most Gulf markets rise amid a rise in oil prices
Most Gulf markets closed high on Tuesday on increasing oil prices, amid anticipations that the OPEC+ producer group…
Qatar Islamic Bank offers Direct Remit Service via mobile app to Egypt
Qatar Islamic Bank (QIB) announced on Sunday the expansion of its Direct Remit Service to Egypt. This is part of…
Commercial Bank of Qatar beats estimates with Q2 profit
Commercial Bank of Qatar , the Gulf Arab state's third-largest lender by assets, beat estimates with a five-fold…
Qatar Islamic Bank Q3 net profit ups 10.9%
Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump…
Qatar stocks outperform again in sluggish region
Qatar's stock market edged higher on Tuesday after breaking major technical resistance, but other markets in the…
EFG-Hermes Plans Asset Sales As QInvest Deal Fails
EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it will sell assets and cut costs after an…
Egypt Premier Pledges Hermes-QInvest Deal Completion This Week – Sources
Egypt’s Prime Minister Hisham Kandil, vowed Hermes-QInvest takeover deal’s completion procedures before the…
EFG-Hermes Takeover By Qinvest Mired In Delays As Deadline Nears
The takeover of EFG-Hermes Holding SAE (HRHO.CA), Egypt’s biggest investment bank, by Qatar’s QInvest LLC is…
