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Islamic retail and commercial banking assets continued to grow at 16% in 2015, at the same rate they did in…
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Troubled Malaysian fund 1MDB in $1.7bn property sale
Malaysia’s scandal-hit 1Malaysia Development Berhad state investment fund is to sell out of a high-profile property project for $1.7bn, as…
Merger lifts M. Firon into Israel's big-five law firms
Adv. Eitan Epstein, with 23 other lawyers, is joining leading law firm M. Firon & Co. Two years after…
Turkey: Islamic lender fined $5.14 mln for unpaid tax
Islamic lender Bank Asya has been fined 15 million Turkish lira ($5.14 million) for unpaid taxes with additional fines, according…
Iranian banks to open in India
Iran’s leading banks will soon open branches in India to energise commercial ties between New Delhi and Tehran. The…
Alkhabeer Capital wins accolade as top financial services employer
Alkhabeer Capital, a major asset management and investment firm, has been named the top financial services employer in the Saudi…
Emirates NBD wins prestigious titles
Emirates NBD, a leading bank in the region, has been named ‘Bank of the Year – UAE 2015’, and as…
Private wealth management offerings are on the up
Fahd Iqbal, Head of Middle East Research, Credit Suisse says increasing regulatory pressure may lead private wealth management institutions to…
IDB approves more than US$ 466 million for new development projects
The Board of Executive Directors of the Islamic Development Bank approved financing for several major new and also ongoing projects…
Deloitte: Beyond "Big Data", it is time to think about "iData"
The rapid pace of digitization means that the world today is markedly different to 20 years ago when only…
Top UAE Insurance Trends in 2016 – Nexus Group
Greater adoption of medical insurance policies, higher uptake of pension schemes, and increased penetration of individual savings plans will lead…
Arab sovereign wealth fund exodus just beginning
Oil-rich Gulf sheikhdoms are being forced to raid their sovereign wealth funds to shore up their budgets. With US…