IMF Endorses Islamic Finance, Warns It Must Be Implemented Better
The International Monetary Fund has endorsed the principles of Islamic finance, saying it could prove safer than conventional finance, but…
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UAE’s banking and financial industry is hiring
According to the latest Monster Employment Index, hiring in Saudi Arabia and Egypt is soaring, and demand for jobs in…
Gulf families not prepped for rigours of IPO – Mishal Kanoo
Gulf families are not willing to take their businesses public because it is too painful, Kanoo Group deputy chairman Mishal…
Standard Chartered's UAE chief exec resigns
Mohsin Nathani, Standard Chartered’s CEO in the UAE, has reportedly resigned, just a week after the departure of the head…
Meethaq to expand branch network, plans new products
Meethaq Sharia Supervisory Board conducted its first meeting of 2015 under the chairmanship of Sheikh Dr Ali Qaradaghi, and attended…
Commercial Bank wins "Best Retail Bank in Qatar" award
Commercial Bank, Qatar's oldest and largest private sector bank, has announced that it has won the prestigious "Best Retail Bank…
IIRA assigns fiduciary ratings to Dubai Islamic Bank
Ratings are supported by DIB’s strong franchise and retail market presence, ensuring steady access to cost effective funding. Presence of…
Russia seeks UAE investments to boost its economy
As the Russian economy shrinks due to sanctions and falling oil revenue, the country is seeking to strengthen its trade…
UAE banks on hiring spree, says recruiter
Hiring in Saudi Arabia and Egypt is soaring Demand for jobs in the creative industry in Saudi Arabia increased by…
CBB hosts Stress Testing Techniques and Capital Planning According to Basel III Workshop organised by the Union of Arab Banks
The Union of Arab Banks will be organising a specialised workshop under the patronage of the Central Bank of Bahrain…
Saudi Arabian Public Pension Agency implements Oracle SuperCluster
PPA decided to implement Oracle technology to gain maximum availability with active/active configuration across two separate sites. Installing a cloud…
UAE, Bahrain to expand Islamic banking products
The only two central banks in the Gulf with products that allow Islamic lenders to make short-term investments are expanding…