Pound’s Slump on Brexit Tempts Middle Eastern Property Buyers
Brexit put the brakes on U.K. commercial property investment for most overseas buyers. For those from the Middle East,…
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KFH’s economic, social contributions win praise – Capital Governor inaugurates Al-Yarmouk branch
Governor of the Capital Governorate retired Lieutenant General Thabet Al-Muhanna praised the economic and social contributions of Kuwait Finance House…
UAE private sector shows improvement in Jan
The performance of the UAE’s non-oil private sector improved slightly in January thanks to expansions in output and new work…
World Government Summit to host global thought leaders
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE…
Ooredoo Oman appoints new chief financial officer
Oman's Ooredoo, a leading telecom company, has announced the promotion of Abdul Razzaq Al Balushi as the chief financial officer.…
Weakened purchasing power decreased economic growth to 3.4% during Q1 of FY 2016/17
The drop of the Egyptian pound against the US dollar by more than 70% put Egypt through a number of…
Islamic banking to start in Gujarat: What is it all about?
India will soon have Islamic Banking facilities and operations would start from Gujarat. The Saudi Arabia-based Islamic Development Bank…
UAE’s NBAD Integrates Ripple Blockchain Tech for Cross Border Fund Transfer
The blockchain industry in the Middle East is driven by the United Arab Emirates. The National Bank of Abu…
IDB voices concern over changes in Islami Bank
Saudi Arabia-based Islamic Development Bank has expressed its concern over the massive reshuffle in the country’s largest private bank, Islami…
Challenges to maintain leading growth in Islamic banking
Islamic banking continues to broaden its reach and is able to compete effectively with conventional banks, supported by an increasing…
Banque du Caire officially requests listing on Cairo bourse, eyes IPO in H1
Egypt’s third biggest bank, state-owned Banque du Caire has officially requested to have its shares be listed on the local…
Central Bank releases broad regulation aimed at data privacy
The UAE’s Central Bank released a long-awaited regulatory framework for virtual currencies and electronic payment systems, aimed at digital payment…