Emirates Islamic announces Q1 results
Emirates Islamic announced increased profit rates of up to 2.25 per cent on its Investment Term Deposits, up by 25…
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NBAD reports AED2bn trading since merger
A total of AED2 billion ($544 million) worth of transactions were conducted via National Bank of Abu Dhabi’s share since…
Islamic Development Bank launches Innovation Forum to empower youth
Cultural barriers, lack of adequate investment in research and development and a low rate of graduates in scientific fields are…
UAE ahead of curve in use of technology for sector
The UAE is ahead of the curve in using new technologies such as Blockchain and boosting regulations that will increase…
Qatar International Islamic Bank appoints banks for dollar sukuk
Qatar International Islamic Bank, Qatar’s third largest listed Islamic bank by assets, has appointed banks ahead of a potential U.S.…
New Shariah Standards for Islamic Financing, Banking Launched in Dubai
AAOIFI working to develop field of Islamic banking and finance globally. A set of new Shariah standards for Islamic…
IBQ to sponsor ‘Bonds, Loans & Sukuk Middle East 2017’ in Dubai
International Bank of Qatar announced that the bank will be sponsoring the ‘Bonds, Loans & Sukuk Middle East 2017’, the…
EFG Hermes reports strong Q1 2017 profits from continued operations of EGP 236 million
One of the leading MENA financial services corporations, EFG Hermes, has reported strong first quarter results, with net profit after…
Seylan Bank raises US $ 75mn to expand small and medium enterprise lending
Seylan Bank has been able to raise US $ 75 million long-term facility from five separate foreign financial institutions to…
Fidor Strengthens its Leadership Team With New Global CFO Hire
- Fidor Solutions, the leading digital banking solution and fintech provider, is gearing up in support of its international expansion…
DFSA Takes Action against Senior Executive Officer
The Dubai Financial Services Authority has accepted an Enforceable Undertaking from Mr S Ravishankar Naidu, Senior Executive Officer at Royal…
Have you realised what banking is now?
According to the world bank's financial inclusion data/global findex report, the total percentage of the UAE population with a formal…