Oman's Bank Nizwa withdraws United Finance merger proposal
Oman's Bank Nizwa has withdrawn its proposal for a merger with United Finance , Nizwa said on Monday, after United…
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QIIB appoints new head
QIIB has appointed Sheikh Abdulaziz bin Abdullah bin Faisal al-Thani as the bank's head The appointment of Sheikh Abdulaziz in…
DIFC to play key role in UAE-Kazakhstan trade
Dubai International Financial Centre, or DIFC, is keen to play a key role in boosting bilateral trade between the UAE…
Qataris buy £40m six storey Mayfair mansion
The Qatari ruling family has snapped up one of Mayfair’s finest family homes for more than £40 million in its latest…
ADIF to guarantee deposits of Turkish bank
Ziraat Bank Azerbaijan JSC has been included in the register of member banks of the Azerbaijan Deposit Insurance Fund since…
UAE banks on sound footing but risks could rise
Strengthening currency and higher rates could dampen loan demand The overall health of the banking sector in the UAE…
Kuwait Finance House moves to Turkey for Islamic finance
Kuvait Finance House is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for…
Appeal of crowdfunding growing among UAE SMEs
For new startups that have little in the form of assets, and no proven record of company operations, acquiring finance…
Global banking regulations pose threat to money exchanges
The currency exchange houses that are primarily engaged in money transfer and foreign exchange business in the UAE are facing…
UAE banks on sound footing but risks could rise
The overall health of the banking sector in the UAE is expected to remain sound because of their strong initial…
Two UAE banks 'still in frame' to buy Citi's Egyptian retail ops
The number of banks in the running to buy Citigroup's consumer business in Egypt has fallen as the bidding process…
The Islamic Funds forum to build on a decade of excellence to shape the future success of the Islamic Investments industry
Abdul Rahman Mohammed Al Baker, Executive Director of Financial Institutions Supervision at the Central Bank of Bahrain, delivered the inaugural…