Bahrain's Ithmaar Bank announces key appointments
Ithmaar Bank has announced two key appointments to its executive management team, and assigned new responsibilities to another senior executive.…
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ADIB wins first-ever Global Islamic Business Award from Dubai’s Department of Economic Development
Abu Dhabi Islamic Bank, a leading financial institution, has received the inaugural Global Islamic Business Award, part of the Business…
Kuwait expands its capacity to fight international offshore tax avoidance and evasion
The OECD Headquarters in Paris, H. E. Sami Mohammad Alsulaiman, Ambassador of Kuwait to France, signed the Multilateral Convention on…
Shifting Sands: UAE’s millennials face reality gap in retirement planning
Higher life expectancy and complex global macroeconomic conditions have set the young generation up for a number of challenges they…
EFG-Hermes suspends Nigerian expansion, readies Kenyan entry as regulators back license bid
EFG-Hermes Holding SAE, the Cairo-based investment bank expanding into frontier markets, may only start operations in Nigeria in 2018 because…
Standard Chartered sees strong growth in retail banking
Standard Chartered Bank is witnessing strong growth in consumer banking business this year following a year of lacklustre growth in…
Khartoum: National Dialogue Success Paves the Way for Investments
The Sudanese presidency announced that the situation in the country has become encouraging for foreign investments, thanks to stability that…
Qatar is Europe's gateway to GCC market: Minister
With its strategic location and newly-developed state-of-the-art infrastructure facilites, Qatar has emerged as a gateway for European products to the…
Oman fund raises $600m loan for subsidiary
Oman Investment Fund has closed the syndication of $600 million of conventional and Islamic facilities for its wholly owned subsidiary…
Middle East philanthropists lean towards building a civil society
Philanthropy in the Middle East can be a precarious business, something Sheikh Mohamed Bin Issa Al Jaber knows only too…
BankDhofar launches corporate and SME credit cards
BankDhofar launched its corporate credit card and the exclusive credit cards that are customised for small and medium-sized enterprises at…
No more bank mergers in pipeline – Saudi central bank chief
Saudi Arabia’s central bank governor Ahmed al-Kholifey said on Thursday that he did not see more bank mergers looming, after…