Bank Muscat Oryx Fund expands to MENA region
Bank Muscat Oryx Fund, managed by the Asset Management division of Bank Muscat, has decided to widen the objective of…
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Path Solutions is the 2014 Global Winner of the CFI.co Award for 'Best Sharia-Compliant Banking Systems'
Path Solutions is proud to announce that its flagship product iMAL, has been named winner of the CFI.co 2014 Awards…
Marsa Abu Dhabi to market EALB's EGP2.7bn assets in Gulf next Sept
Marsa Abu Dhabi Properties LLC will be marketing within next September EGP 2.7 billion of assets owned by the Egyptian…
Oman's ahlibank net profit jumps
ahlibank, a leading financial services provider in the Sultanate, has achieved a net profit of OMR13.1 million in the first…
CBK Posts Net Profit Of KD 13.2 Mln In H1
The first half of 2014 earned Commercial Bank of Kuwait an operating profit of KD 49.6 million, before provisions (KD…
Reforms will make UAE stock market listings more competitive
With new rules introduced last month by the Ministry of Economy, observers say an important step has been taken towards…
National Bank of Kuwait says consumer banking head resigns
National Bank of Kuwait, the Gulf Arab state's largest commercial lender, said in a bourse statement on Monday that its…
Middle East Proves a Bright Spot for HSBC
With the largest presence of any international bank in the Middle East, HSBC’s results usually serve as a good indicator…
Dubai Islamic Bank provides AED 360 million financing facility to Union Properties
Dubai Islamic Bank, the largest Islamic Bank in the UAE, has announced today that it has signed an agreement with…
BRIC markets bring bigger capital in flow into UAE than MENA markets, with India topping the list: Fortress Investments
MSCI upgrade of the UAE to emerging market status places it within the BRIC grouping Dubai - Fortress Investments, a…
BIBF signs MoU for Islamic Banking MBA with University of Bolton (UK)
BIBF has signed an MoU with the University of Bolton (UK) to develop an MBA in Islamic Banking. As…
Saudi Solidarity Takaful Company decides to take the automation of its operations to another level with ESKADENIA Software.
After going through a long phase of software evaluations, Saudi Solidarity Takaful Company choses ESKADENIA Software , the region's leading…