MIDEAST STOCKS-Banks strong in Saudi Arabia, DP World down after flat profit

Thu, 24 Aug 2017 - 09:09 GMT

Banking shares were buoyant in Saudi Arabia on Thursday morning while blue chips helped lift Dubai slightly.

Qatari banks in trouble as boycott extends

Sat, 12 Aug 2017 - 08:00 GMT

Being heavily dependent on foreign funds, the Qatari banking system was the first sector to be negatively influenced with some Gulf firms and individuals.

Business news wrap-up

Thu, 10 Aug 2017 - 05:11 GMT

A wrap-up for the most prominent news circulated during the day.

Qatar Islamic Bank hit by deposit outflow, while profit rises

Tue, 18 Jul 2017 - 03:32 GMT

Qatar Islamic Bank (QIB) was hit by a 6.9 billion riyals ($1.9 billion) deposit outflow in the second quarter, which analysts said could be linked to Qatar's rift with Saudi Arabia.