American expats in UAE: Time has come for Fatca
If you are from the US then you’ve probably heard of the Foreign Account Tax Compliance Act (Fatca), but are…
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Barwa Bank Net Profits Rise by 35% for the First Half of 2014
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, announced financial results for the first half of 2014.…
Ajman Bank becomes the first bank in the Northern Emirates to distribute DMCC's UAE Gold Bullion Coins
DMCC, the global gateway for commodity trade and enterprise in Dubai and the region, has announced that Ajman Bank is…
Qataris could make renewed bid for Sainsbury’s
Sainsbury’s is expected to soon be approached with a bid from Qatari investors as the UK’s biggest supermarkets comes under…
Abu Dhabi National Takaful Company H1 net profit down 24 per cent at AED 15 million
H.E. Khadem Al Qubaisi Chairman of Abu Dhabi National Takaful Company, said. “Despite of the fierce competition, Abu Dhabi National…
Jordan: PM attends ceremony to launch Islamic finance bonds
Prime Minister Abdullah Ensour attended on Thursday a ceremony to launch Islamic Sukuk (finance bonds), organised by the national capital…
Commercial Bank To Provide Sharia-Compliant Products And Services
An increasing number of Kuwaiti lenders are moving away from traditional banking in a bid to tap into a booming…
Investments in power, energy to help industries in Oman
Planned investments in power generation and distribution as well as upstream oil and gas along with its emphasis on increasing…
Foreign investors consulting Saudi wealth management funds on Kingdom’s stock market
Global financial institutions are consulting Saudi wealth management funds on the acquisition of potentially lucrative stocks listed on the Kingdom’s…
Key Dubai banks beat profit estimates
Leading Dubai based banks exceeded analyst’s expectations to report strong 2014 first half results on Thursday. While Emirates NBD…
UAE's RAK Bank says in talks to acquire RAK National Insurance
UAE-based National Bank of Ras Al Khaimah said on Thursday it was looking to acquire a majority stake in a…
Masraf Al Rayan UK unit offers new schemes
Islamic Bank of Britain plc (IBB), a subsidiary of Masraf Al Rayan UK, has announced to extend its UK real…