Fakih IVF is looking to expand within the UAE and the GCC region. (Courtesy of
November 24, 2015 - 22:18 GMT
Abu Dhabi-based NMC Health announced that it has entered into an agreement to acquire a 51 per cent shareholding in Fakih IVF Group for Dh696 million.
Ahli United Bank
November 24, 2015 - 10:49 GMT
Ahli United Bank has been recognised as ‘Best Private Bank in the Middle East’ by Global Finance, the leading international banking and finance publication.
FGB has slashed nearly 100 jobs in the UAE last week, with plans to cut 15,000 jobs globally by 2018. (UAE Interact)
November 24, 2015 - 10:40 GMT
First Gulf Bank, the UAE's third largest lender, follows Standard Chartered and HSBC in cutting jobs in response to worsening economic conditions.
Gulf Bank 642 Marathon
November 24, 2015 - 10:29 GMT
Gulf Bank hails the success of the inaugural Gulf Bank 642 Marathon, the first accredited international marathon road race ever to be held in Kuwait.
The workshop also focused on implementing standards to prevent the exploitation of the charity sector to finance terrorist activities. (Shutterstock)
November 23, 2015 - 12:36 GMT
International delegates convened under the theme of 'Charitable Donations; Combating the Financing of Terrorism and Violent Extremism'.
Ahmed A. Al-Ali, Treasurer of the Bahrain Down Syndrome Society, Jehad Al Zain, Deputy Chairman of the Bahrain Down Syndrome Society and Nader Shaheen, GIB Head of Corporate Communications
November 23, 2015 - 09:42 GMT
Gulf International Bank (GIB) recently made its first donation in line with its new Corporate Social Responsibility programme ‘WAGIB’ to the Bahrain Down Syndrome Society.
International Bank of Qatar
November 23, 2015 - 05:41 GMT
International Bank of Qatar (ibq) announced the successful closing of a debut 5-year, USD 500 million bond issuance under its USD 2 billion dollar Euro Medium Term Note (EMTN) program.
The International Finance Corporation is a member of the World Bank Group. (Al Bawaba/File)
November 22, 2015 - 20:22 GMT
Dubai-based e-commerce retailer has received $27m in funding from the International Finance Corporation – a member of the World Bank Group – and the IFC Asset Management Company.
Roughly 416.9 million people in the Middle East and Africa currently use the internet at least once per month. That figure is expected to rise to 575 million by 2019. (Al Bawaba/File)
November 22, 2015 - 20:04 GMT
Beirut In, a leading online solutions agency in the Middle East, says that digital marketing provides a glimpse of what the future would look like for SMEs in the region.
Low oil prices require spending cuts, but half of Oman's government spending relates to wages and subsidies. (File photo)
November 22, 2015 - 10:01 GMT
Negative outlook for Oman as Standard & Poor cuts the sultanate's ratings from A- to BBB+ in light of widening deficit.
The list was selected from the Forbes Global 2000 companies. (Twitter)
November 19, 2015 - 22:30 GMT
Forbes Middle East unveils its list of Top 100 Executives in the Middle East.
November 19, 2015 - 18:12 GMT
GCC equity markets are looking increasingly attractive after the broad based sell off since the summer.
Gaurang Desai, CEO of DGCX
November 19, 2015 - 11:12 GMT
Dubai Gold & Commodities Exchange (DGCX), UAE’s leading derivatives bourse, has partnered with Futures and Options World (FOW) for its Trading Middle East Conference 2015, on November 19 2015.
Mr. Hussain Al Qemzi, CEO, Noor Bank receiving the award ‘The Islamic Retail Banking Leadership Award’ from the Pakistan Ambassador to the UAE, Asif Ali Khan Durrani
November 19, 2015 - 05:36 GMT
Hussain Al Qemzi, CEO, Noor Bank, has received two industry awards at the ‘Islamic Retail Banking Awards 2015’, as a part of this year’s 7th World Islamic Retail Banking Conference (WIRBC) held in Dubai.
Beehive connects investors with businesses looking to grow. (Twitter)
November 18, 2015 - 16:37 GMT
United Arab Emirates- based startup Beehive, an online marketplace for peer-to-peer finance, announced that it has helped around 50 small and medium companies in the country raise almost Dhs 25m in the last year.
Last year, Euro Disney reported debts of about 1.7 billion euros. (Pixshark)
November 18, 2015 - 15:22 GMT
Saudi's Prince Alwalid bin Talal gives Disneyland Paris a $52.37 million boost, one year after joining a bailout effort.