Total fees rose to $722 million in 2013, the highest since 2010.
Isam al-Sager, 58, is currently the deputy chief executive of National Bank of Kuwait.
Al Rajhi reported a 19.1 per cent drop in fourth-quarter net profit.
TDX is the UK’s largest debt placement services and debt management platform company.
The academy aims to equip entrepreneurs with practical skills and knowledge they need to become future businesspeople.
Around 49,000 LinkedIn members have moved to the UAE in the last 12 months.
Ahmed al-Qassim was appointed chief executive of Dubai Group last week.
The UAE attracted FDIs worth $12 billion in 2013 owing to increased government spending and resurgence in some service sectors.
IBB was majority-owned by another Qatari lender, Qatar International Islamic Bank.
Aziz Aluthman Fakhroo, a Qatari national and a director at the fund’s mergers and acquisitions team, left late last year.
IPOs in the MENA region recorded a 133 per cent increase in terms of volume and 114 per cent increase in terms of value compared to Q4 2012.
Samba attributed the profit rise to an increase in operating income.
The company said more income from data and business clients were the reason for the quarterly and annual profit increases.
Job openings in the banking, financial services and insurance industry grew 42 per cent year-on-year in December, recording the highest growth among industries in 2013.
Results were boosted by the $38.8 million payout from insurers after the bank was the victim of a major cyber fraud case.
Sharia-compliant lenders are growing but non-core assets will become less visible.
The bank reported a net profit of 2.4 billion riyals ($659 million) for the final three months of 2013.
Dr Li Xiaojia urges Hong Kong to boost its capabilities before it loses out to other international finance centres.
All jobs previously occupied by expats will be considered vacant until qualified Saudi citizens can fill them, the ministry said.
Food and non-alcoholic beverages accounted for the largest rise in the emirate’s consumer price index, rising 25.9 per cent last year.
The conventional bonds will be worth QAR13 billion, while the rest of the issuance will be in the form of sukuk.
The firm made a net profit of $117.9 million in the three-month period to December 31.
The emirate was one of the first issuers from the Gulf in 2013 with a dual tranche 10-year sukuk and 30-year conventional note.
The investment bank’s annual net profit increased by Dhs62 million from a net loss of Dhs59 million in 2012.
SABB attributed its profit rise to higher operating income.
Markets in the United Arab Emirates are closed on Sunday for a religious holiday.
The Egyptian bank’s shares rose almost 10 per cent after the announcement of the plan.
The bank’s net profit for the quarter was boosted by a 22 per cent jump in total operating income to 671.1 million riyals.
Moody’s assigned an A3 government bond rating to the Sharjah government on Wednesday, while Standard & Poor’s rated it A.
Saudi Arabia’s third-largest lender by assets saw Q4 profit grow as income rose and expenses declined.