BLME and Bank Muamalat to collaborate on Islamic private banking
Bank of London and The Middle East plc (BLME) announced today that it has signed a Memorandum of Understanding (MoU)…
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HSBC revamps management with new faces
As part of its drive for Omanisation and professional development of Omani nationals, HSBC Bank Oman has announced the appointments…
Riyad Bank wins honor
Underlining its leadership in Saudi Arabia’s financial sector, Riyad Bank has won two accolades at this year’s Banker Middle East…
Saudi stock market regulator fines seven companies for disclosure violations
Saudi Arabia’s stock market regulator has levied heavy fines on seven companies for a range of disclosure failings. They…
Saudi Central Bank Says May Cap Consumer Lending, Limits Fees
Saudi Arabia’s central bank has published new consumer lending regulations which give it the power to cap retail lending at…
Barwa Bank appoints new Group Chief Administrative Officer and Head of Qatarization
Barwa Bank , Qatar's fastest growing Shari'ah compliant banking service provider, announced the appointment of Mr. Abdulla Majed Al-Malki as…
Al Rajhi Capital Launches First Sukuk Fund
Al Rajhi Capital, one of the leading asset managers in the Kingdom of Saudi Arabia, has started the offering period…
Getting bigger: Emirates NBD plans to expand in Saudi
Dubai’s biggest bank, Emirates NBD, is looking to expand its presence in Saudi Arabia, its CEO Shayne Nelson has…
U.S. Investment Firm Ameriprise Financial Optimistic on Long-Term Potential of Islamic Finance
William Truscott, Chief Executive Officer of Global Asset Management at U.S. investment firm, Ameriprise Financial, is positive on the long-term…
Basel III deposit challenge looms over Islamic banks
As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of…
Emirates NBD Planning To Expand Saudi Operations – CEO
Dubai’s biggest bank, Emirates NBD, is looking to expand its presence in Saudi Arabia, its CEO Shayne Nelson has confirmed.…
LinkedIn reveals Top 10 most influential brands in UAE
Etihad Airways and Emirates have made it to the most influential brands in the country. This is according to…