Business Blog

Mideast Stocks: Factors to watch on December 10

Here are some factors that may affect Middle East stock markets on Monday

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BRIEF: Abu Dhabi Islamic Bank Egypt Updates On Proposed Tax Amendment

ABU DHABI ISLAMIC BANK EGYPT ADIB.CA : * SAYS NO IMPACT ON 2018 FINANCIAL RESULTS FROM PROPOSED TAX AMENDMENT * EXPECTS UPTO 8 PERCENT FALL IN 2019 PROFIT Source: (https://bit.ly/2Uqihbn) Further company coverage: ADIB.CA...

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BRIEF-Abu Dhabi Islamic Bank Updates On Proposed Tax Amendment

Dec 9 (Reuters) - ABU DHABI ISLAMIC BANK ADIB.AD : * SAYS NO IMPACT ON 2018 FINANCIAL RESULTS FROM PROPOSED TAX AMENDMENT * EXPECTS UPTO 8 PERCENT FALL IN 2019 PROFIT Source: (https://bit.ly/2Uqihbn) Further company coverage: ADIB.AD ...

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BRIEF: Warba Bank Gets CBK Approval For Al-Sayer Group To Increase Stake In Bank

WARBA BANK WARB.KW : * RECEIVES CBK APPROVAL ON APPLICATION OF AL-SAYER GROUP HOLDING TO INCREASE ITS SHARE CAPITAL IN BANK FROM 10.01 PERCENT TO 15 PERCENT Source:(https://bit.ly/2zJ2Lyj) Further company coverage: WARB.KW...

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BRIEF-Warba Bank Receives CBK Approval For Abdullah Saleh To Have Equity Stake In Bank

Dec 5 (Reuters) - WARBA BANK WARB.KW : * RECEIVES CBK APPROVAL ON APPLICATION OF ABDULLAH SALEH TO HAVE SHAREHOLDING EQUITY IN BANK'S SHARE CAPITAL NOT EXCEEDING 15 PERCENT Source:(https://bit.ly/2BQPsNL) Further company coverage: WARB.KW ...

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Islamic finance in Afghanistan growing, investment options limited - report

Islamic banking in Afghanistan has nearly tripled its holdings since 2014

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