The National Bank acquires Bank al Etihad in Palestine
The National Bank, headquartered in Ramallah, Palestine, announced today the signing of a definitive acquisition agreement with Bank al Etihad…
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Al-Marzouq: KFH net profit KD 126.5 mln for the year 2014
Kuwait Finance House Chairman, Hamad Abdulmohsen Al-Marzouq said that KFH , by the Grace of Allah and His Blessing, has…
Gulf institutional funds favour Japan, Asia, shun Europe – Pictet
Gulf institutional investors are putting their money into Asian equities, in particular Japanese stocks, but are shunning European shares after…
Veteran Emirates NBD UAE National appointed Deputy CEO of Emirates Money
Emirates Money, a subsidiary of Emirates NBD , announced today the appointment of Talal Al Mazrooei as Deputy CEO. Al…
UAE, China Discuss Stronger Economic Cooperation, Strategic Partnership
Dr. Sultan bin Ahmed Sultan Al Jaber, Minister of State, and Chinese officials have discussed ways to promote bilateral cooperation…
Ibdar bank distributes notable dividends to investors in aircraft leasing investment company
Bahrain-based Islamic Investment financial institution, Ibdar Bank announced the successful distribution of a 10% dividend for the year ended 2014…
Bank Muscat, AIG highlight economic challenges, opportunities
Bank Muscat, in association with American International Group, hosted a conference titled ‘Global Thinkers Paving Strategies in Economic Uncertainties’ at…
28.5% of Egyptian banks provide mobile banking
With the increase of smartphones, customers can use new programmes, including “Mobile Banking”, which allows customers more choice in transferring…
UAE Banks Federation adopts Customer Charter
The UAE Banks Federation has adopted a set of clear guidelines to provide bank customers in the UAE with the…
QNB asset management wins ‘Qatar Equity Fund of the Year’ award
QNB has won the “Qatar Equity Fund of the Year” award in recognition for its Al-Watani Fund during the Mena…
CBI posts 40% increase in Operating Profit.
Key Financial Highlights: * Operating Profit increased 40% to AED 465 million * Assets increased 33% to AED…
Forum to probe Islamic investment opportunities
More than 550 delegates from over 80 countries have registered for the first Global Islamic Investment Gateway event to be…