Ex-Falcon Board Members Charged
Two former board members of private bank Falcon were charged with money-laundering and taking bribes. The charges are linked to…
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Shuaa acquires 4.8pc stake in Ajman Bank
Shuaa Capital, a leading financial services firm in the UAE, said that it now holds a 4.8 per cent stake…
IBBL gets ‘Strongest Retail Bank 2018’ award
Islami Bank Bangladesh Limited has recently achieved the “Strongest Retail Bank in Bangladesh 2018’ award conferred by United Kingdom-based financial…
Revealed: Top 10 companies in Saudi Arabia in 2018
Saudi Arabia’s Tadawul, which had a good first half registering double digit gains consequently pared down its gains as the…
Saudi Arabia Monetary Authority co-developing cryptocurrency with UAE central bank
The Saudi Arabia Monetary Authority is going to launch its own cryptocurrency in 2019, Mohsen Al Zahrani, Head of Innovation…
Libyan wealth fund to hire auditors in push to unfreeze assets
Libya’s sovereign wealth fund will appoint auditors within weeks and conclude a wide-ranging examination of its assets by 2019 as…
PM Leads Delegation To UAE-Caribbean Cooperation Forum
Prime Minister Honourable Allen M. Chastanet will lead a delegation to the first United Arab Emirates (UAE) Caribbean Cooperation Forum…
Global Finance names QIB ‘safest Islamic Bank in Qatar’
For the second year in a row, New York-based Global Finance magazine has named QIB the “safest Islamic Bank in…
Market Rationalization in the Middle East
The banking sector in the Middle East has enjoyed a steady recovery and will post solid results in 2018. …
CFA Institute and the Middle East Investor Relations Association sign an MoU
CFA Institute, the global association of investment management professionals, signed a Memorandum of Understanding (MoU) with the Middle East Investor…
Islamic Retail Banking Awards 2018 honours best of the best in Islamic retail banking
In a glittery Awards Ceremony held at JW Marriott Marquis Hotel Dubai, 33 top Islamic retail banks and leading personalities…
Bahrain signs key business deals with China
Bahrain has signed three strategic business partnerships with Hebei – an essential region of China’s economy – to explore opportunities…