Many wealthy women seek legal loopholes to disinherit husbands
While the Islamic law has clearly defined the inheritance rules some wealthy women in Saudi Arabia are accused of playing…
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Saudi Arabia’s first bank beats region’s best to win two corporate excellence awards
Alawwal bank won the Middle East’s “Best retail bank” and “Banking CEO of the year” at the recent Lefonti Awards…
Stronger leadership guiding KFH Malaysia towards resurgence as leading Islamic bank
Simpler, better, faster. These three key words form the cornerstone of a strategy that is seen to propel Kuwait Finance…
Qatar banks to prepare for Basel IV requirements
Banks in Qatar need to prepare now for the introduction of revised standards recently released by the Basel Committee, said…
Berlin sees ‘smart’ Brexit deal as model for Turkey
Sigmar Gabriel, Germany’s foreign minister, has said a “smart” Brexit deal between Britain and the EU could become a template…
Turkey’s Islamic banks may need more capital to fund growth, says Fitch report
State-run Islamic banks in Turkey may need more capital support, according to a Fitch Ratings report. “Further capital injections…
UAE, Tajikistan plan to create joint investment fund
Tajikistan and the UAE are planning to create a joint investment fund to boost economic ties between the two countries,…
Kuwait, Oman postpone Value Added Tax until 2019
Oman's finance ministry decided to postpone the implementation of the Value Added Tax (VAT) until 2019, and transative tax until…
Ithmaar in Process of Completing Dubai Listing
Ithmaar Holding B.S.C. (Ithmaar) received on Thursday approval from the United Arab Emirate’s Securities and Commodities Authority (SCA) to list…
ADIA Invests In HDFC Capital’s $1 Billion Housing Fund
In one of the largest fund raising for housing funds in India, HDFC Capital Advisors, the real estate asset management…
GAM launches first foreign funds in Israel
The Zurich based asset manager has become the first foreign asset manager to register funds for sale to retail clients…
Oman Arab Bank appoints new acting CEO
The Board of Directors of Oman Arab Bank has announced its endorsement of the CEO Amin Al Husseini’s recommendation to…