Takaful International sets annual fees
Bahrain-based Takaful International has announced fees sanctioned by its Shari’ah Supervisory Board for the financial year 2015. The company’s…
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Seeking economic 'blessings'? Jordan to likely to issue Islamic sukuk next month
The Central Bank of Jordan is likely to begin managing the first issue of Islamic sukuk from next month in…
Abu Dhabi Finance Firm TNI Says CFO Resigns, Replacement Named
Rami Hurieh took over as CFO effective from January 4 after the departure of Jean Ayoub, TNI said in a…
Swiss International eyes 10 GCC hotels by 2017
Swiss International Hotels and Resorts is looking to open at least 10 hotels by 2017 in the UAE, Saudi Arabia,…
Bahrain banks' assets register steady growth
Assets of 34 Bahrain-domiciled banks have grown by $568 million to $154.046 billion at the end of the first half…
RAK targets Dubai investors with new centre
The Ras Al Khaimah Investment Authority, a major business destination in the Middle East, has launched its first service centre…
Tycoon Prince Alwaleed takes Saudi kingdom to task over fiscal policy
Billionaire Prince Alwaleed bin Talal has lashed out at the Saudi fiscal policy, after it projected the largest ever budget…
"KFH" Wins "Bank of the Year Kuwait" 2014 Award from "The Banker"
The Banker Magazine, a publication owned by The Financial Times, awarded Kuwait Finance House "Bank of the Year Kuwait" Award…
VP approves Dubai’s budget with no deficit ,
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,…
NCB Capital wins best Asset Manager in the Middle East Award
NCB Capital , the leading provider of wealth management services in the GCC and Saudi Arabia's largest asset manager, has…
Turkey's central bank hikes forex reserve requirements
Turkey's central bank raised foreign exchange reserve requirement ratios on Saturday, citing the need to support financial stability amid volatility…
Expats in trouble for iqama errors
Wrong entries on iqamas, including errors in names etc., landed several expatriates in the soup. Expats complain that their…