Jordan Islamic Bank posts net profit of $63.6m
Jordan Islamic Bank, a subsidiary of Bahrain-based Al Baraka Banking Corp, reported 2014 net profit of BD45.1 million ($63.6 million),…
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‘UniCredit bonds not an exit from bank investment’: Aabar
Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit…
Axis Bank launches premium personal banking
Axis Bank, India’s third largest private sector bank, has announced the launch of Burgundy, its premium personal banking service. …
Borse Dubai sells its stake in LSE
Borse Dubai has sold its complete 17.4 per cent stake in the London Stock Exchange Group (LSE), a statement from…
Turkey has applied to join the Asian Infrastructure Investment Bank
Turkey has applied to join the Asian Infrastructure Investment Bank (AIIB) as a prospective founding member, the Ministry of Finance…
QIB hosts the launch of the Knight Frank Wealth Report 2015
Qatar Islamic Bank ( QIB ) - Qatar's leading Islamic Bank - has held an exclusive event for its private…
Loan Ranger: Emirates NBD's Shayne Nelson
Shayne Nelson is in a remarkably good mood as he settles down for our meeting. And it’s not the…
Dubai World wins investors' trust
Dubai World has been granted approval to end court proceedings relating to its $14.6 billion debt restructuring deal, according to…
Korea Investment Corp. looking to add overseas offices in Asia, Middle East
Korea Investment Corp. is looking to expand its overseas network with offices in Asia and the Middle East, said a…
Card data threat increases as online payments grow
Leading experts in card data security have urged the regional payment industries to come together to tackle an increased threat…
Arab Jordan Investment Bank implemented professional Risk Engine
Arab Jordan Investment Bank, one of Jordan’s leading investment and commercial banks has gone live with the Loxon Basel II…
Prime property market in Dubai sees sales fall
Dubai luxury home prices remain relatively resilient despite a drop-off in sales activity, according to the latest analysis of the…