Islamic finance body AAOIFI looks to finalise new standards by yr-end
The Accounting and Auditing Organisation for Islamic Financial Institutions plans to finalize several new standards by the end of the…
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Qatar launches campaign to educate laborers on new laws
Qatar has launched a campaign to educate its large population of foreign workers about its new labor laws. The two-month…
GCC growth & sustainability depends on fiscal, monetary policy alignment & action
The World Bank-IMF Annual Meeting was held at Washington DC, USA, during the weekend and I witnessed active participation areas…
Kuwait postpones $10 billion bond issue until 2017
Kuwait has delayed a sovereign bond issue of up to $10 billion until next year after deciding it is in…
Qatar National Bank Alahly 9-month net profit up 33 pct
Qatar National Bank Alahly : * Nine-month net profit increased to 3,088 mln EGP, up by 33 pct year…
Falcon Bank says will focus elsewhere after losing Singapore licence
SWISS private bank Falcon Bank said in a statement on Tuesday morning that although the Monetary Authority of Singapore's withdrawal…
Ahli United Bank Kuwait plans capital-boosting Islamic bond issue -leads
Ahli United Bank Kuwait will hold roadshows in the Gulf, Europe and Asia for fixed income investors starting on Wednesday…
Doha Bank, Masraf Al Rayan ETFs to debut on QSE soon
Doha Bank and Masraf Al Rayan-sponsored exchange traded funds will make their debut on the Qatar Stock Exchange by November-December…
NBK the only Arab bank among world’s best forex providers – The Best in Kuwait and Middle East by Global Finance
National Bank of Kuwait was recognized as the Best Foreign Exchange Provider in Kuwait and the Middle East in 2016…
Banks in credit crisis, says report
Some banks may have been experiencing a “full blown financial crisis” due to a cash crunch arising from “failed fiscal…
Startups Disrupting Middle East’s Digital Economy
SAP is looking for the Middle East’s next disruptive startup, says Marita Mitschein, Senior Vice President and Managing Director, SAP…
DED launches global excellence centre and award to fortify Dubai’s Islamic economy capital initiative
The Department of Economic Development in Dubai unveiled today the 'Global Islamic Business Excellence Centre', which aims to expand Islamic…