Bahrain EDB & ICD partner in Islamic finance for SMEs
The Bahrain Economic Development Board (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector…
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Barclays continues to grow its trade & working capital team in the Middle East
Barclays continues to grow its Trade and Working Capital team with the appointment of Jeroen Reyes Stolker as Head of…
Gulf Finance House to develop mixed-use community in DUBAILAND
The land sale agreement, which involves the purchase of a total area of approximately 1,200,000 square feet, was concluded in…
Turkish Bank Garanti Wins FICO Decision Management Award for Fraud Control
FICO Bank, Turkey's second-largest bank, has won the 2014 FICO Decision Management Award in the Fraud Control category. Garanti…
Qatar cuts holding in London Stock Exchange by a third
Qatar Holding is to trim its 15pc stake in the owner of the London Stock Exchange by a third ahead…
Middle East investors buying more Central London residential properties
International developers are taking on some of London’s largest and most high-profile development opportunities. And while they control only nine…
Bahrain Association of Banks publishes The Handbook of Retail Banking
The Bahrain Association of Banks has published The Handbook of Retail Banking, a guide to the retail banking industry in…
Bfinance makes Middle East move
Investment consulting firm bfinance has hired two directors to cover the Middle East and Africa, news which follows the departure…
Kuwait’s CBK gets approval to raise up to 120m dinars via bonds
Commercial Bank of Kuwait, the Gulf state’s fifth-largest lender by assets, has received regulatory approval to issue up to 120…
Al Madina moves to reduce debt to Boubyan Bank
In a statement to the local bourse, Kuwait-based Al Madina For Finance and Investment reported that it has agreed with…
Arab National Bank posts 400m net profit in H1
Arab National Bank (ANB) reported a net profit of 400 million for the first six months of 2014 compared to…
Qatar’s Islamic banks continue on growth path
Islamic banks in Qatar are gaining strength, with sharia-compliant lenders outperforming their conventional counterparts in many areas during 2013, despite…