Alizz islamic bank opens new branch in Sohar
The 551 square metres property was inaugurated on December 25 at a prominent location at the heart of Sohar, facing…
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BB fears rise in inflation due to pay-hike
The central bank has expressed the fear that the proposed pay-hike for public servants might trigger inflationary pressure on the…
Al Hilal Islamic Bank launches 'Al Namaa Islamic Savings Account'
Al Hilal Islamic Bank has launched its all-new 'Al Namaa Islamic Savings Account', a great investment opportunity for depositors who…
Upward trend in banking to continue
The UAE banks are going to close their balance sheets for 2014 on a higher note as they are amply…
Dubai closer to becoming Islamic finance hub
The global Islamic economy continued to grow in 2014, and Dubai made solid progress towards its ambitious target to be…
Haifa judge suspected of holding secret UBS account
Judge Moshe Gilad and his wife, Acco City Council member Aviva Gilad, allegedly committed tax violations. Haifa District Court…
Four forecasts about an uncertain year ahead for the UAE and beyond
Ah, the joy of being right. I made four predictions in this column at the end of last year, and…
FGB and LIC International to launch 'first' insurance co-branded credit card in the region
FGB , one of the leading banks in the UAE and LIC International , a JV companyof LIC of India,…
DIFC appoints Arif Amiri as Deputy CEO
Dubai International Financial Centre (DIFC) Authority has appointed Arif Amiri as the deputy chief executive officer. Amiri will direct the…
Tamwily, SRB in deal to meet shariah compliance needs
Saudi Arabia-based finance company Tamwily and Shariyah Review Bureau (SRB) have signed a partnership deal covering shariah supervision, monitoring and…
Top 10 Largest Sovereign Wealth Fund Direct Deals for 2014
According to SWFI’s proprietary Sovereign Wealth FundTransaction Database, Asian and Gulf-based sovereign wealth funds are the biggest SWF spenders when…
Franklin backs Qatari-led bid for Canary Wharf owner Songbird
A Qatari-led $4 billion bid for Songbird Estates, majority owner of London's Canary Wharf financial district, has received backing from…