Middle East hunt for Woori buyers
Jeong eyes rich state funds of Abu Dhabi to invest in institutionAug 28,2015 Middle East-based funds including Abu Dhabi’s…
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World Bank's IFC to meet investors on sukuk issue
IFC, rated Aaa/AAA by international rating agencies, has picked Dubai Islamic Bank, HSBC, National Bank of Abu Dhabi and Standard…
Ethical Finance Experts to tackle question: Can Islamic Finance Governance Structures be used to Protect Reputation of Global Ethical Banking?
The global Islamic finance industry has enjoyed exponential growth over the past few decades, and the regulatory underpinnings of the…
Competition Between UAE Banks Ramps Up
Increased competition among banks in the United Arab Emirates is eroding margins and pushing lenders in the second-largest Arab economy…
Hamed al-saadi appointed chief financial & tax officer of the QFC
The Qatar Financial Centre has announced the appointment of Mr Hamed Al-Saadi in the position of Chief Financial & Tax…
Dubai’s Menacorp Expands Into Investment Banking
Menacorp Financial Services, Dubai’s biggest equities broker, is expanding into investment banking and plans to target deals overlooked by larger…
Bank Leumi execs may have to hand back bonuses
A Bank of Israel report expects Eitan Raff, Galia Maor and Zvi Itskovich to return bonuses because of the US…
Egypt to lose $320 million as higher incomes in Egypt will qualify for tax exemptions
The recent amendment in the income tax law to raise the upper limit for the tax exemption income bracket is…
Qatari investors to boost Turkey businesses
Turkish President Recep Tayyip Erdogan received a Qatari private sector delegation led by Sheikh Dr Khalid bin Thani Al Thani,…
Indonesia and Turkey Pushing Islamic Bank Cooperation
The Indonesian government is pushing for the formation of a new Islamic bank through the merger of four domestic banks.…
Cluttons appointments new global Head of Research
Cluttons has appointed Faisal Durrani as its new global Head of research, a role which will see him lead a…
Bank Muscat Meethaq upgrades Islamic core banking system
Sulaiman Al Harthy, Group General Manager - Islamic Banking, said, “Meethaq is delighted to successfully implement the upgrade to a…