Deloitte & Touche sued over alleged negligence and deceit in their audits of LCB
The claim was filed in the Dubai International Financial Centre Courts on 19 July 2016. This is the first claim…
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Liechtenstein approves double tax agreement with the UAE
Liechtenstein has approved a double taxation agreement with the United Arab Emirates, as well as Iceland and Andorra. The…
Sale of former Burlington to German bank secures its future as a landmark hotel
Acquired by Blackstone for €67m in 2012, the Ballsbridge hotel, which now trades as the DoubleTree by Hilton, is expected…
WIBC set to strengthen ethical Islamic finance
In strategic partnership with the Central Bank of Bahrain, World Islamic Banking Conference 2016 is set to gather over 1,300…
Moody’s upgrades Masraf Al Rayan’s issuer ratings
Global credit rating agency Moody’s has upgraded Masraf Al Rayan’s long term issuer ratings to A1 from A2 and Counterparty…
Entersekt Appoints IST Networks as Reseller in the Middle East and Turkey
Entersekt, an innovator in mobile-enabled digital banking security, today announced a partnership with IST Networks. A leading systems integrator…
Sharjah Islamic Bank plans benchmark dollar sukuk issue
Sharjah Islamic Bank will begin investor meetings on Aug. 29 for a potential benchmark U.S. dollar-denominated sukuk issue, the lender…
Dubai an 'ideal base' for companies looking to grow into Asia
More global companies are viewing Dubai as an ideal base to find a way into growing Asian and African markets,…
BIBF partners with Fitch Learning
The Bahrain Institute of Banking and Finance partners with Fitch Learning, introducing a specialised training programme in Advanced Corporate Credit…
HRH Crown Prince receives CBB Governor, Board members
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister,…
QSE inches near 11,200 mark on across-the-board buying
The Qatar Stock Exchange on Wednesday gained 70 points to inch near the 11,200 mark on an across-the-board buying, albeit…
NBK receives PCI-DSS Certification for Credit Card Fraud Prevention
National Bank of Kuwait has received the Payment Card Industry – Data Security Standards Certification from the qualified security assessors,…