Dubai Chamber workshop demystifies technical aspects of Islamic finance transactions
Dubai Chamber of Commerce and Industry in association with Allen & Overy LLP law firm organised a workshop entitled “Structuring…
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Ithmaar Bank announces results, reports continued growth
Ithmaar Bank has announced a total net profit of US$11.4 million for the nine-month period ended 30 September 2015, compared…
Wells Fargo and First Gulf Bank Announce New Treasury Agreement
First Gulf Bank has selected Wells Fargo & Company as their primary USD Treasury clearer. This new agreement, which…
UGB Announces Results for the first Nine Months of 2015
United Gulf Bank has announced a net profit attributable to shareholders of parent of US$ 6.0 million for the nine…
Bahrain central bank aims for centralised sharia board by year-end
Bahrain's financial regulator plans to establish by the end of this year a central sharia board of scholars that will…
Liquidity Management Centre announces a net profit of USD3.2 million
Liquidity Management Centre has announced a 7.6% annualized return on share capital for the Third Quarter Ended 30th September 2015…
NBAD celebrates 40 years of success in Egypt
National Bank of Abu Dhabi on 11 November 2015 celebrated its 40th anniversary in the Egyptian market, highlighting successes and…
Swiss private bank says Gulf Asset Managers Are in a ‘War of Fees’
Pictet, the biggest Geneva- based bank, said fees for asset managers in the Gulf are falling as competition intensifies and…
New realism sets in Gulf after tough CBD deal
Commercial Bank of Dubai priced a comeback deal on Tuesday but failed to quell concerns about liquidity in the Middle…
IMF to include Islamic finance in surveillance -Lagarde
The International Monetary Fund will include Islamic finance in its monitoring of financial sectors around the world, IMF Managing Director…
Islamic Insurance: A New Partnership Between Dubai and London
Dubai successfully hosted the first international conference on Islamic insurance in early November organized by the Islamic Insurance Association of…
Is Qatari Real Estate Booming towards a Bubble?
Property prices in Qatar have been growing at an explosive pace, with banks stepping up lending as the real estate…