The Case For Consolidation In The UAE's Banking Sector
First the international banks started to pack up or consolidate their services in the UAE. Now local banks are also…
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Assets of Commercial Banks in Oman Rise 7.7% to OMR28.6 Billion
The total assets of conventional commercial banks increased by 7.7 per cent to OMR28.6 billion in April 2016 from OMR26.5…
Unique Features of Islamic Finance
Islamic Financial Concepts are thriving in the modern age with the fastest growing rate among the capital markets. It…
IBQ Wins Citi 'Straight Through Processing' Award
An award recognizing the superb delivery of commercial payments and handling transactions in U.S. dollars has been given to International…
New lenders to add momentum to Turkey's Islamic banking, says S&P
"Turkish authorities have now made tangible steps to support the growth of Islamic finance in the country," said S&P Global…
Baker McKenzie Announces 85 Partnership Promotions
Combining this year's promotions and new lateral talent, the Firm added 150 partners. Premier global law firm Baker &…
NBAD Sukkuk Fund earns annualised yield of 5.2 per cent
“Sukuk in the GCC and further afield have traded well in recent months in line with rising oil prices, following…
Abdullah Ashy appointed chairman of Ewaan global housing
During their latest meeting, the Ewaan Global Housing Board of Directors agreed to nominate Mr. Abdullah Bin Muhammad Ahmed Ashy…
Islamic banking market in Turkey to get major boost
Recent government initiatives will spur momentum for Turkey’s fast-growing Islamic banking market, credit rating agency Standard & Poors has said.…
Seeing off the competition
As financial centres around the region vie for supremacy, Mena Fund Manager looks at the latest developments for the Dubai…
Saudi Arabia plans to let foreign investors buy listed bonds
Saudi Arabia plans to let foreign institutional investors buy exchange-listed debt instruments as part of reforms intended to draw more…
Dubai's biggest bank said to sign upsized $1.7bn loan
Dubai's largest bank, Emirates NBD, has taken advantage of strong support from lenders to sign a $1.7 billion three-year loan,…