Dubai first-half corporate earnings surge to $4.1b
Driven by strong banking sector growth, Dubai's corporate earnings expanded 3.7 per cent year-on-year to $4.1 billion in the first…
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Atlas Jewellery group's woes multiply
Banks that were involved in extending credit facilities to Atlas Jewellery chain founder and chairman, MM Ramachandran are firm on…
GCC Bankers Gear Up To Discuss The Future Of Banking Technology In Dubai
Over 450 GCC bankers will come together next month at one of the region’s largest banking technology and innovation event…
TAKAUD Expands Management Team
TAKAUD, the specialist provider of savings, investment and pension solutions for the MENA region, has announced the appointment of Johannes…
Forum to bolster India, Middle East trade opportunities
A business forum for opening up new opportunities for trade and commerce between India and the Middle East will be…
Turkiye Finans, Albaraka Turk apply for lira sukuk
Turkish Islamic lenders Turkiye Finans Katilim Bankasi and Albaraka Turk have applied separately to issue Islamic bonds, or sukuk, according…
Seera reports $2.3 million net profit for H1 2015
The profit for quarter ended 30th June 2015 was $1.6 million compared to a loss of $1.7 million for the…
Strong Year for Islamic Lending for Gulf Banks
Banks in the six-nation Gulf Cooperation Council can thank turbulence in the world’s bond markets for spurring Islamic lending to…
Islamic finance assets expected to reach $3.24 trillion by 2020
The value of assets in the Islamic finance sector is expected to increase by 80 percent over the next five…
UAE residents can get credit report online by year end
The head of the country’s nascent credit bureau said residents would be able to get a copy of their credit…
KSE's Consolidated Earnings Up 1.2% In H1
The GCC's corporate earnings fell 2.9%YoY to USD36.0bn in 1H15. This was ascribed to weakness in earnings of KSA…
Banking growth fuels demand for high quality education and training
Banking in the UAE is maturing rapidly, with the dynamic diversification of the economy. UAE banking assets are the largest…