Rachna Uppal

Bahrain's Gulf Finance to set up $326 million Syrian unit

Bahrain's Gulf Finance House (GFH) said it was close to setting up a $326 million unit in Syria as the Islamic investment bank looks to boost revenues in a relatively untapped banking market.

Qatar's Masraf al Rayan sees Q4 profits up 30%

Masraf al Rayan, Qatar's fourth largest bank by market value, reported a fourth quarter profit of $76.96 million, an increase of 30 percent over the same period in 2008, according to Reuters calculations.

Syndicate content