Bank names Bukhowa as head of CIC
Standard Chartered Bank Bahrain has announced the appointment of Abdulla Abdulrazaq Bukhowa as head of corporate and institutional clients in…
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NBAD Reports Record 4th Quarter and Full Year 2014 Results.
The National Bank of Abu Dhabi reported net profits of AED 1.372 billion in the first quarter of 2014, marginally…
Qatar Insurance Company (QIC) reports record net profit of $275 million
The Group has grown its asset base to $4.4 billion from $3.2 billion in 2013, while maintaining robust levels of…
Kuwait freezes assets of former AUB chairman
Kuwaiti authorities have reportedly issued orders to freeze the property and assets of the former head of a Bahraini bank.…
Kuwait's Zain said to work with Citigroup on tower sale
Mobile Telecommunications Co., known as Zain, is seeking to sell about 8,000 towers in Kuwait and Saudi Arabia, the people…
Shari’ah banking seeks path through Iraqi strife
For all the sectarian violence gripping Iraq, Shari’ah-compliant banks operating in the nation see opportunities for growth. Elaf Islamic…
ahlibank signs pact with Sezad to finance projects in Duqm
ahlibank and its Islamic counterpart 'Al Hilal Islamic Banking Services' have signed a memorandum of understanding (MoU) with the Special…
CBB support for Morocco banking plan
A nine-member delegation comprising leading Sharia scholars from Morocco met Central Bank of Bahrain Governor Rasheed Al Maraj to learn…
Tehran Investment Firm To Launch 1st Iranian ETF
A Tehran-based investment firm said Tuesday it plans to launch Iran's first exchange-traded fund modeled after the country's top stocks,…
Islamic banking: Now is a better time than ever for women to enter the industry, says head of investment firm
Stylishly dressed, confident in manner and authoritative in tone, it's hard to imagine Stella Cox ever had difficulty convincing her…
Bank Muscat raises awareness on corporate fraud
Bank Muscat in association with the Economic Crime Unit of the Criminal Enquires and Investigation Directorate of the Royal Oman…
GCC countries eye investment boon in Africa
The Gulf Cooperation Council member states have been setting their eyes in recent years on exploring untapped investment opportunities in…