New challenges ahead for Islamic wealth management
Despite being a growing industry, Islamic wealth management may find new challenges in unfavourable global macroeconomic conditions and a highly…
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Woori Bank to open 'Korea desk' at Iranian bank
Woori Bank said Monday that it will set up a Korea desk at an Iranian bank, a first for a…
Commercial Bank of Qatar says raises 2 bln riyals of Tier 1 capital
Commercial Bank of Qatar has raised 2 billion riyals ($549.33 million) in additional Tier 1 perpetual capital notes, it said…
Integration of Arab Banking Practices among concerns at Annual Arab Banking Conference
The Union of Arab Banks (UAB) will consider ways of achieving Arab banking integration during the Annual Arab Banking Conference…
Islamic finance a global need
Minister of Education Ahmed Al-Issa on Sunday opened activities related to the first global event on Islamic finance, which is…
EGX to participate in first international conference on Islamic banking and finance in Saudi Arabia
The Egyptian Exchange will participate in the first International Conference on Islamic Banking and Finance, hosted by Saudi Arabia. …
Fitch ranks Saudi banking system 4th globally
The international rating agency "Fitch" ranked Saudi banking system fourth-best and the strongest banking system in the world, after Australia,…
New Abu Dhabi property laws to widen investment opportunities for expatriates
Industry experts have declared the new property law will benefit Abu Dhabi's real estate growth and have called for a…
UAE's First Gulf Bank says profit can grow 6 pct this year
First Gulf Bank, one of the United Arab Emirates' biggest banks, thinks it can maintain profit growth of 6 percent…
UAE banks to face challenges in implementing Basel III reforms
As the UAE banks gear up to meet the Basel III capital norms, a number of institutions are expected to…
UAE Central Bank to put in circulation revised Dh200 note today
The Central Bank of the United Arab Emirates has announced that it will put a new Dh200 denomination currency note…
FGB announces 100% cash dividend for 2015 at Annual General Meeting
FGB, one of the leading banks in the UAE, successfully concluded its Annual General Meeting (AGM) today at the St.…