Commercial Bank launches its “Reward Points Millionaire” campaign
Commercial Bank, Qatar’s first private bank, has announced the launch of its “Reward Points Millionaire” campaign, where one customer stands…
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Islamic banks in Lebanon need new rules-Al Baraka
Islamic lenders will find it difficult to compete in Lebanon's banking sector without regulatory amendments to support growth of the…
Abu Dhabi Global Market makes senior appointments in regulatory authority
Abu Dhabi Global Market has announced the appointments of Thomas Hirschi as Executive Director of Banking and Insurance and Philippe…
Local Saudi Arabia mandate for HSBC
HSBC Saudi Arabia today announced that it has been mandated as local custodian to Ashmore Group, which is one of…
Areva to Tap China, Gulf Investors in Capital Increase Plan
Areva SA will turn to investors in China and the Gulf states to raise a sizable piece of the capital…
Government support key for Islamic finance growth in UAE – experts
Government support in terms of regulations and standardisation is key for the growth of Islamic economy in the United Arab…
Iranian prosecutor asks for seizure of tycoon’s wealth in corruption case
The deputy prosecutor has said asked the seizure of all wealth of Babek Zanjani, an Iranian businessman currently imprisoned in…
3i Infotech Gives the Winning Edge to Saudi Home Loans (SHL) Lending Business
Saudi Home Loans, a Riyadh based fully Islamic specialized home finance company established to provide customer focused products and services…
Deloitte: Investment interest in Iraq continues despite complex regulatory environment
Iraq continues to be a complex jurisdiction in which to operate, and this is the case from a tax perspective,…
Path Solutions selected as 2015 GIFA award recipient
Path Solutions has announced that it has been named "Best Islamic Finance Technology Provider" for a third time at the…
Societe Generale appoints chief for Saudi
Societe Generale, a global financial services company, has announced the appointment of Antoine Toussaint as chief country officer and CEO…
Saudis top Middle East ultra rich list
The wealth-intelligence organization defines UHNW individuals as those with $30 million and above in net assets. Saudi Arabia has…