Bahrain's BMI Bank CEO resigns
The chief executive of BMI Bank, Jamal al-Hazeem, has resigned from the position for personal reasons, the Bahraini lender said…
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NBK the only Arab bank among world’s Best Foreign Exchange Providers 2015
For the third consecutive year, National Bank of Kuwait (NBK) was recognized as the Best Foreign Exchange Provider in Kuwait…
Guernsey: A European Finance Centre For The Middle East
What is the role of Guernsey Finance? Fiona Le Poidevin (FLP): Guernsey Finance is the promotional agency for the…
Trade Finance, The Islamic Way
Located at the crossroads of Asia and Europe while at a favourable proximity to Africa, Dubai and the UAE have…
The Saudi Investment Bank to increase capital through bonus share issue
In a statement to the Tadawul, The Saudi Investment Bank revealed that its Board of Directors is proposing to increase…
Noor Bank ranked top Commercial Islamic Bank in GCC for Pre-tax Profit Growth in 2013
UK-based The Banker magazine has named Noor Bank the fastest growing Islamic commercial bank in the GCC for 2013 on…
Qatar Investment Authority to Make Strategic Investment in Brookfield Property Partners
Brookfield Property Partners L.P announced today that its subsidiary Brookfield Property L.P. has issued $1.8 billion of exchangeable preferred equity…
Sukuk for vaccine fund ushers Islamic finance into ethical sphere
The latest entrant into Islamic finance is leading the industry in the new direction of socially responsible investment - which…
Shaikh Esam wins top WIBC award
The "World Islamic Banking Conference 2014 Industry Leadership Award" has been bestowed on renowned Sharia scholar Shaikh Esam Ishaq. …
Turkey’s State-Run Halkbank Applies to Start Islamic Bank Unit
Turkey’s largest publicly listed state lender applied for permission to start an Islamic banking affiliate, as the government pushes to…
Iraq investigates private banks for money laundering
A prominent economic official in the Iraqi government, who preferred to remain anonymous, said in an interview with Al-Monitor that…
Shrink to fit – Tackling the new regulatory climate in the UAE
With the Emirates Insurance Authority rolling out a host of regulations last month, it seems inevitable that the market will…