ADIB wins Global Finance Innovation Award
Abu Dhabi Islamic Bank has been named one of the top innovators in Islamic finance by Global Finance magazine for…
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The United Bank to be sold late 2016, early 2017: chairperson
The actual procedures of offering the United Bank for sale may start in late 2016 or early 2017, according to…
Turkey Detains 29 Banking Inspectors as Purge Continues
Turkish authorities detained 29 inspectors on Friday from the BDDK banking watchdog for "irregular inspections," broadcaster NTV and other media…
Killik & Co confirms Dubai office closure
Wealth planning and investment management firm Killik & Co is to close its Dubai office, its only presence outside the…
Israel’s FIBI Bank Tightens Terms for Diamond Trade
The Israel Diamond Exchange pledged to contest a decision by First International Bank of Israel to tighten its lending standards…
Saudi to let foreign institutions buy shares in IPOs
Saudi Arabia will permit foreign institutional investors to buy shares directly in initial public offers, a move that could help…
Arab Bank to Shutter Zurich Branch
Arab Bank has decided to give up its Zurich branch and dislocate the business activities to Geneva, according to information…
JPMorgan adds sukuk to emerging markets indices
US investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from…
Qatar First Bank development in London
Qatar First Bank and Alchemi Group have brought style and glamour back to the heart of London in their Leinster…
Oil slips on the expectation of record Saudi output
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as…
Bahrain Institute of Banking and Finance launches outdoor, digital marketing campaign
The most recent phase of the Bahrain Institute of Banking and Finance’s outdoor marketing campaign works to endorse events hosted…
Dubai Financial Market Secures New Margin Trading Member
On Thursday, Dubai Financial Market, the Gulf’s only listed stock exchange, reported that it has on-boarded a new margin trading…