IIFM promotes Islamic alternative to repo
The International Islamic Financial Market’s Master Collateralised Murabahah (MCM) Agreement is a viable Islamic alternative to repo, according to speakers…
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Revealed: Wealthy Arab royals embroiled in HSBC Swiss bank scandal
The secret Swiss bank accounts of numerous wealthy Arabs have been revealed in an international expose into HSBC Private Bank’s…
Alpen Capital LLC – Abu Dhabi licensed by Securities and Commodities Authority
Alpen Capital LLC - Abu Dhabi has been granted a license by the Securities and Commodities Authority to provide Financial…
Gov't signs draft deal for $100m soft loan with Kuwait fund
The Planning Ministry and the Kuwait-based Arab Fund for Economic and Social Development recently initialled a draft agreement for a…
Estimated 6,500 Israelis held $10 billion in secret HSBC bank accounts
A cache of secret bank files shows that HSBC's Swiss banking arm helped wealthy customers avoid taxes and hide millions…
Emirates NBD plans longest kangaroo bond From Middle East seller
Emirates NBD PJSC is planning to sell the longest-tenor Kangaroo bond from a Middle Eastern issuer. The Dubai-based bank…
Egypt 20th country with most Swiss HSBC bank accounts
Egypt is the 20th country with the most private dollar accounts at the Swiss subsidiary of the HSBC, with up…
Commercial Bank of Qatar Q4 profit up 29pc
The Commercial Bank of Qatar Q.S.C. and its subsidiaries and associates announced today its financial results for the year ended…
Pictet says clients are tilting to the East
Middle East investors are shifting their focus away from assets in Europe and the United States and towards the East,…
Bank Asya Seizure Hastens Turkey’s Islamic Finance Drive
Turkey’s takeover of Bank Asya is making the government an even bigger player in the Islamic finance industry, just as…
Mena firms told to project brands better globally
Local businesses in the UAE have called upon major companies in the Middle East to project their brands better abroad…
The real ‘housewives’ of HSBC
It was just a day in the life of a housewife. Hanne Tox, a Danish woman then 57 years…