New Islamic economy products unveiled in Dubai
Three new and unique solutions were launched in Dubai Wednesday at the 3rd Session: International Innovative Platform for Islamic Economy…
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QIB gets nod to raise limit of its sukuk plan to $4bn
Qatar Islamic Bank’s annual general assembly has approved the board of director’s recommendation to increase the limit of the QIB…
UAE resilience: Banks' assets hit $734bln in 2017
The UAE-based banks' total assets surged to US$ 734 billion (AED2.693 trillion ) at the end of 2017 from AED…
Qatar’s Commercial bank to pull out of Abu Dhabi-based UAB
Qatar’s third largest bank by assets, Commercial Bank, will soon make public the handover its 40 per cent stakes in…
Jordan grants citizenship, permanent residency to investors
The Jordanian government announced on Monday that it will grant citizenship or permanent residency to some 500 investors a year…
Cryptocurrencies are Here to Stay: Dubai Has Spoken
More than 4,000 participants from 140 countries, including heads of state and governments, Hollywood stars like Robert De Niro and…
Bahrain's sovereign fund in talks to invest in SoftBank's Vision Fund: CEO
Bahrain’s sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group’s private equity fund that aims to…
Andersen Tax & Legal Launches in Egypt
The Andersen name launches in Egypt this week as Maher Milad Iskander and Co., an Egyptian tax and legal firm…
Saudi Sovereign Fund Seeks 15% Stake in Accor's Unit
Saudi Arabia’s sovereign wealth fund is in talks to buy a 15 percent stake in Accor SA’s property business in…
Emirates Islamic wins ‘most improved branches’ award
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, won the ‘Most Improved Branches’ award at the…
ABG total assets rose 9pc to exceed US$25bn
Al Baraka Banking Group yesterday announced financial results for full-year 2017 reporting a 9 per cent increase in total assets,…
Al Baraka Banking Group receives international awards
Al Baraka Banking Group B.S.C. and four of its subsidiary banking units received the Best Islamic Financial Institution Award of…