Prestige and the weak pound draw wealthy Arabs to UK schools
Enrollment of Middle East students to Britain’s top public schools is on the rise, as the country’s leading educational establishments…
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Bank Nizwa takes top award for social responsibility
Recognizing its dedication to developing the communities it serves, Bank Nizwa received the prestigious ‘Excellence in CSR in Islamic Finance’…
A call for UAE VAT compliance
Companies and individuals submitting late, incomplete or incorrect filings under the final value-added tax regulations will face penalties and other…
Bahrain woos Indian fintech startups
Bahrain plans to set up a Fintech Centre next year to provide accelerators and co-working spaces for fintech companies, Simon…
IFRS 9 to herald new era in reporting for GCC banks
Most banks in the GCC have just completed their half yearly financial reporting. However, for accountants and auditors alike,…
SHUAA Capital half yearly profits highest since 2009
SHUAA Capital, one of the region’s oldest integrated financial services firm has announced its financial results for the period ending…
Global Al-Mamoun Fund named best equity fund in Kuwait over three and five years
Global Investment House (Global, a regional asset management and investment banking firm headquartered in Kuwait, with offices in major capital…
Jordan approaches banks for dollar bond or sukuk issue- sources
The government of Jordan has asked banks to submit proposals to arrange a U.S. dollar conventional or Islamic bond issue,…
UAE Islamic banks expected to report better profits in 2017
Profitability metrics of UAE based Islamic banks are expected to improve this year with lower financing impairment charges, however, profits…
ADGM recruits UAE Exchange as latest fintech partner
Abu Dhabi Global Market have entered into partnership, to support, develop and promote the FinTech ecosystem in Abu Dhabi…
Why conventional insurance will outpace takaful in the GCC
Overall premium growth in conventional insurance will fare better than the Islamic insurance segment, or takaful, this year, according to…
OMI posts sharp rise in Middle East client inflows
Old Mutual International, the offshore arm of Old Mutual Wealth, has seen striking growth in cash inflows from clients in…