Bigger may not be better for Financial Centres
Chief Economist for Bahrain Economic Development Board Dr Jarmo Kotilaine stated globalisation of Islamic finance is a work in progress.…
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Ethical Finance Innovation Challenge & Awards returns for third year
Each year the list gets longer: the biggest banks admitting guilt in LIBOR rigging, FX rigging, money laundering and other…
al khaliji partners with NBF for landmark structured finance deal for Pacific Controls
Al Khalij Commercial Bank (al khaliji) QSC, Qatar's next generation bank, along with National Bank of Fujairah (NBF) has announced…
UAE banking industry to tighten compliance on advertising claims
The banking industry body plans a crackdown on misleading advertising as part of a series of self-regulating measures. The…
NBAD to underwrite $400m aircraft leasing deal
The National Bank of Abu Dhabi PJSC, along with Arab Banking Corporation, have been mandated by the International AirFinance Corporation…
Bahrain and China to sign major trade agreements
Two major agreements are expected to be signed by Bahrain and China. More than a 100 business leaders from the…
Public private cooperation on infrastructure 'will bring stability'
Business and government leaders at the World Economic Forum on the Middle East and North Africa (MENA) called on countries…
Pensions firm launches wealth management services
Bahrain-based Takaud, a specialist savings, investment and pensions provider for the Mena region has reached a major milestone for its…
Mohammed bin Rashid issues Decree forming the Board of Dubai Chamber
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates His Highness Sheikh…
Oman's Bank Sohar launches $250 mln 3-yr debut loan – statement
Oman's Bank Sohar has invited banks to participate in a $250 million debut loan to fund its general business activities,…
Horn of Africa`s Djibouti dreams of becoming `New Dubai`
For years the Horn of Africa nation Djibouti was seen by foreign powers as a far-flung military outpost overlooking the…
NBK-Egypt reports EGP 126.3 million in net profits in the first quarter 2015, up 30.2% y-o-y
Total assets grew 47.6% y-o-y to EGP 31.3 billion, customers' deposits up 42.8% to EGP 26.0 billion National Bank…