Qatar Islamic Bank approves up to 5bn riyal Tier-1 sukuk issuance
Qatar Islamic Bank , the Gulf state's largest sharia-compliant bank by assets, said on Monday its shareholders had approved the…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47707 articles available
Islamic finance in focus
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Development Bank (IDB), the global umbrella organisation…
Kuwait’s Burgan Bank Q4 Net Profit Jumps
Burgan Bank, Kuwait’s third-largest lender by assets, reported a 424 per cent rise in fourth-quarter net profit on Tuesday. …
GCC insurance industry value triples – premiums increase to $18.4 billion
The Bancassurance MENA Summit opened with a critical regulatory update by Prasanna Seshachellam, Director, Supervision at Dubai Financial Services Authority…
DFM signs agreement with Korea Securities Finance Corp
Dubai Financial Market ( DFM ) has signed a Memorandum of Understanding (MoU) with Korea Securities Finance Corporation (KSFC) in…
Gulf Finance House swings back to profit
Gulf Finance House declared a net profit of $17 million in 2014, compared to a net loss of $18 million…
Dubai's Abraaj buys stake in Turkish online retailer
Private equity firm Abraaj Group has bought a minority stake in Hepsiburada.com, one of the largest online retailers in Turkey,…
Beam Wallet introduces contactless payment in Middle East
The rollout of the Beam Wallet contactless experience begins in the UAE, with more than 1,100 retail outlets now operating…
Alexander Granovsky faces Israel lawsuit over bank debt
Russian bank Alfa-Bank is demanding repayment of $15 million from Granovsky, who controls G. Willi-Food. Is Alexander Granovsky, who…
Arzan Wealth Acquires $127 million Office Campus in Raleigh, North Carolina, USA
The 67 acre campus featuring a lake, nature preserve, jogging trails, and recreation area, includes two recently renovated office buildings…
Retirement funding timebomb looms in UAE, says Zurich
The vast majority of employees in the UAE believe that end of service gratuity is an inadequate method of saving…
UAE's RAKBANK will raise $300 mln through 2019 bond tap
United Arab Emirates-based lender National Bank of Ras Al Khaimah will raise a further $300 million through a re-opening of…