Bahrain’s GFH Financial Group confirms restart of $700m Villamar project
Bahrain-based GFH Financial Group has re-launched the $700m Villamar project close to Bahrain Financial Harbour after signing a final Sukuk…
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Saudi Arabian Monetary Authority: Saudi central bank changes name
The Saudi Arabian Monetary Agency announced on Sunday that its name has been changed to Saudi Arabian Monetary Authority. …
Central Bank of Bahrain considers fintech regulations
The Central Bank of Bahrain is considering introducing regulations on fintech and startups that focus on fintech are invited to…
Dubai Islamic Bank named UAE's strongest Islamic retail bank At Islamic Retail Banking Awards 2016
Organized by Cambridge IF Analytica, the 2nd Islamic Retail Banking Awards were held as part of the 8th Edition of…
Bank Hapoalim to sell Miami portfolio to Safra Bank
Bank Hapoalim, Israel’s largest lender, said on Sunday it has entered into a deal for the sale of its international…
KIB awarded "Best Banking Vision in Kuwait" by CPI Financial
Kuwait International Bank was recently awarded “Best Banking Vision in Kuwait” by CPI Financial in the Islamic Business & Finance…
7,000 Kuwaitis with $2.3bn in FATCA reveal
The USA Tax and Financial Consultants Office in the Middle East confirmed that Kuwait has revealed the accounts of about…
Julius Baer Adds Private Bankers in Bahrain
Julius Baer said it hired four new private bankers in Bahrain in a bid to bolster its market share in…
Julius Baer celebrates 40 years in Bahrain
Rémy A. Bersier, Head Emerging Markets and Member of the Executive Board of Bank Julius Baer, visited key members of…
Gulf Capital may sell some investments in 2017
Private equity firm Gulf Capital plans to sell some of its investments towards the end of 2017 and early 2018…
RAKBank arranges $15m loan for Seylan Bank
RAKBank announced on Sunday it has arranged a five-year $15 million long-term loan facility to Sri Lanka-based Seylan Bank, which…
ADIB named Best Islamic Commercial Bank in UAE, ADIB Egypt receives North Africa award
Tirad Al-Mahmoud, CEO of ADIB, said, “We are delighted that our efforts for providing an exceptional customer experience have been…