Immediate Islamic financing gap for SMEs up to $13bn in Mena
The Istanbul-based World Bank Global Islamic Finance Development Center together with the Islamic Development Bank is stepping up its initiatives…
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IFC, Al Baraka Bank Support Egypt's Trade Sector
IFC, a member of the World Bank Group, and Al Baraka Bank, are joining forces to expand the availability of…
Premier: Bahrain regional hub for Islamic banking
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa stressed Bahrain's success in turning into a financial and…
Qatari bank CBQ eyes possible sale of UAB stake – sources
Dec 1 Commercial Bank of Qatar has been trying to sell its 40 percent stake in troubled Emirati lender United…
SICO announces changes to its regional fund portfolio
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today the…
Emirates NBD Egypt launches its new Priority Banking Proposition
Emirates NBD Egypt launches its new Priority Banking Proposition, the latest in banking services across the banking sector, providing a…
Bank of Khartoum wins nod for Bahrain branch
The Central Bank of Bahrain has granted a license to Sudan's Bank of Khartoum, to open a branch in Bahrain.…
Qatar c.bank sells fewer T-bills than planned, yield rises
The Qatari central bank again sold fewer Treasury bills than planned at its monthly auction on Tuesday in what bankers…
Saudi Arabia’s bank credit hits all-time high at SAR1.34 trillion
Long-, medium- and short-term bank credit in Saudi Arabia hit an all-time high in October reaching SAR1.34 trillion at the…
Asian Business Owners Redefine What it Means to be an Entrepreneur – RESEARCH
Two in five entrepreneurs in Hong Kong, Singapore and mainland China are female with nearly half under the age of…
Women in UAE more financially literate than men: Survey
Two-thirds of adults worldwide are not financially literate and there is a wide gap between men and women’s literacy, including…
Private Equity Investments Outperforming Other Asset Classes: 4x Emerging Markets Equity; 2x S&P 500 and High Yield Bonds
Investor appetite for Private Equity (PE) is set to remain robust globally, benefiting from a rising tide of global financial…