Founder of first Islamic bank Saeed Lootah dies at 97
Saeed Lootah, founder of the world's first Islamic bank and a prominent Dubai businessman, has died at the age of…
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NCB-Samba merger will give it 'control' of Saudi corporate market
The combination of National Commercial Bank and rival Samba Financial Group would create the third-largest lender in the Gulf -…
QIB recognised as 'Best SME Bank in Qatar'
The Asian Banker, a leading international provider of strategic intelligence on the financial services industry, has recognised Qatar Islamic Bank…
Renewed activity observed across global residential markets: Savills
A sentiment survey by Savills has revealed that clients worldwide are still looking for new properties. The results are based…
Dubai’s Emirates Islamic offers incentives to UAE healthcare professionals
Dubai-headquartered Emirates Islamic, part of the Emirates NBD Group, has introduced offers on a suite of banking products and financing…
Swissquote Bank launches trading certificates for pharma investments
Swissquote Bank is issuing a new trading certificate that enables investors to support companies in their fight against COVID-19. Available…
Credit Suisse appoints new CEO for business in Israel
Credit Suisse on Monday appointed Hila Goldenberg as chief executive officer of its business in Israel. Goldenberg, who has…
Egypt- CIB named Bank of the Year, Credit Agricole most efficient: Business News
Business News, Daily News Egypt's parent company, has revealed the results of its annual index for Bank of the Year…
The world’s first gold-backed digital gold currency launched in the Gulf Cooperation Council, Middle East and Africa
IBMC Financial Professionals Group has joined hands with US Gold Currency Inc and Blockfills to bring the world’s first monetary…
CBE confirms financial soundness of banks operating in Egypt
The Central Bank of Egypt said that the nonperforming loan ratio declined to 4.1% in the Egyptian banking sector in…
Lebanese central bank’s accumulated losses reach $49 billion, says report
The International Monetary Fund has warned Lebanon that its central bank has accumulated losses of as much as $49 billion,…
Azizi Developments sees Dubai property sector recovering in early 2021
Dubai property developer Azizi expects the emirate's property market to rebound and recover early next year, as the company looks…