The Abraaj Group exits investment in pan-African insurance company UAP Holdings
The Abraaj Group has announced the completion of the full exit of its investment, through one of its Funds, in…
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Damac in London tie-up with fashion label Versace
Damac Properties is believed to be in advanced talks with Italian fashion house Versace over a branding partnership at the…
Commercial Bank launches new Internet banking website
Commercial Bank has launched its new “state-of-art” Internet banking website featuring“first to market” technologies, which was designed specifically to enhance…
Islamic Bonds In Sub-Sahara: UAE Now No. 4 For Foreign Investment
A number of African countries have opted to issue sukuk, or Islamic bonds, as an alternative to raise funds for…
Islamic banks’ finances surge 107 per cent in Oman
Oman’s Islamic banks and window operations have shown a robust growth of 107 per cent in financing at OMR1,265.8 million…
Barwa Bank appoints Ahmed El Emadi as Head of Corporate Banking
Qatar's most progressive Shari'ah compliant service provider, has announced the promotion of Ahmed Abdulaziz Al Emadi to the role of…
Doha Bank aims to double India business to $5 billion in two years
Qatar-based Doha Bank is planning a pan-India presence in the next two years, expecting to do a business of $5…
Standard Chartered Qatar appoints Head of Corporate & Institutional Clients and Financial Markets
Rajat will be responsible for the overall management of the Corporate, Institutional, and Financial Markets businesses in Qatar supporting the…
Innovation in Islamic Finance awarded after $2.7b restructuring
Amlak Finance , a real estate financier in the Middle East, announced it has received the Euromoney award for Innovation…
Abu Dhabi lenders’ earnings grow 11% in Q1
The total net earnings of Islamic and commercial banks in Abu Dhabi climbed 11.2 per cent in the first quarter…
Gulf Finance House to sell unit via public offering, plans acquisition
Gulf Finance House is planning to make an acquisition this year and sell a unit in an initial public offering.…
The Banker FT Names ADIB Best Islamic Bank in the UAE
Abu Dhabi Islamic Bank, a top-tier Islamic financial services institution, has been named "Best Islamic Bank of the Year Award"…