Demand for cloud telephony services to grow in Dubai
Leading Indian cloud telephony startup Knowlarity Communications has recently signed multiple partnerships with Dubai firms and is working closely with…
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UAE's RAKBANK makes offer to buy RAK National Insurance
UAE-based National Bank of Ras Al Khaimah made a public offer on Tuesday to buy shares in Ras Al Khaimah…
Bank of Sharjah picks arrangers for potential debut dollar bond -leads
Bank of Sharjah has picked five banks to arrange fixed income investor meetings from Thursday for a potential debut benchmark…
HSBC Bank Oman unveils new digital service
The Entertainer Mobile App provides HSBC Credit Card holders with instant access to over 8,000 ‘Buy 1 Get 1 Free’…
Islamic investments, funds up 10pc in Bahrain
Bahrain's Islamic investments and funds have grown by about 10 per cent annually for the last few years and prospects…
Islamic commodity trading getting a boost
Islamic commodity trading has become more popular in the financial world as of late because an accord seems to have…
NetGuardians becomes Temenos Complementary Solution Provider
NetGuardians has announced that it has become a Temenos Complementary Solution Provider. Already more than 15 Temenos customers use…
Bank managers jailed over Dh25 million heist
Two senior managers of a multinational bank have been sentenced to seven years in jail each for stealing Dh25 million…
Islamic mutual funds fall short of global demand
Islamic mutual funds are growing again after a slump that lasted years, but the sector still falls short of meeting…
Saudi-based top executives highest-paid in the Gulf region
With the GCC’s economic growth once again on an upswing, pay packages are now seeing a return to form following…
Kuwait Finance House may sell properties, cut small number of jobs
Kuwait Finance House , the country's second largest lender and one of the world's oldest Islamic banks, may sell some…
Global Islamic fund management industry to reach $77b by 2019
Thomson Reuters has published the findings of its Global Islamic Asset Management Outlook at the World Islamic Funds Conference in…