Islamic economy initiative to boost Islamic financial services — and vice versa
The concept of developing an Islamic economy is closely linked to development of Islamic banking and Islamic finance and related…
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JIB posts US$ 46.83 million in profits after tax for the third quarter of 2014
Jordan Islamic Bank (JIB), a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), has announced the financial results…
Islamic banking and capital markets to develop hand in hand
As Dubai aspires to become the global hub for Islamic economy, Islamic banking and Islamic capital markets are expected to…
ADCB Islamic Banking partners with the World Islamic Economic Forum
Abu Dhabi Commercial Bank 's Islamic Banking announced today its strategic partnership with the 10th World Islamic Economic Forum. …
Qatari's look set to get hands on HSBC's headquarters in London's Canary Wharf
They own Harrods, the Shard and part of Barclays, Sainsbury’s and the London Stock Exchange. Now the Qatari’s look…
UAE's Union National Bank Q3 profit rises 22 pct, beats estimates
Union National Bank Abu Dhabi's fifth-largest listed lender by assets, reported a 22 percent rise in third-quarter net profit on…
ABK achieves 8.3% growth in profits
Ahmed Yousuf Behbehani, the Chairman of the Board of Al-Ahli Bank of Kuwait announced that ABK achieved a net profit…
ICAEW: GCC companies must prepare for introduction of new financial reporting standards
The recent completion of two major and long-running projects to update financial reporting of revenue recognition and financial instruments will…
National Bank of Umm al Qaiwain (NBQ) reports nine months' profit up four per cent
Net profit for the first nine months of the year for NBQ was AED 286.4 million, up four per cent.…
Dubai Investments net profit increases 87 per cent for 9M 2014
Total income increased to AED 2.4 billion for the nine month period ended 30th September 2014, as against AED 1.9…
Top Saudi banks post double digit net income growth in third quarter
Leading Saudi Arabia based banks reported double-digit growth in net profits in the third quarter of 2014. While Banque…
Emirates NBD Manchester United Cards named 'Best Co-brand Program' at MasterCard Innovation Forum
Emirates NBD has announced that the Emirates NBD - Manchester United partnership was awarded the 'Best Co-brand. Programme'at the…