What's in a name? Islamic banking rebrands in attempt to go mainstream
Islamic banking is based on core principles of the religion. So it is striking that some banks are removing the…
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Baker & McKenzie Habib Al Mulla expands UAE presence with DIFC office
Leading law firm Baker & McKenzie Habib Al Mulla has expanded its UAE presence with the opening of an office…
Dubai's GFH Capital defends action against ex-Leeds Utd chief
GFH Capital executive Jinesh Patel has defended the Dubai investment bank’s legal action against former employee and Leeds boss David…
Saudi bank launches USD2bn infrastructure fund
Saudi Arabia-based Islamic Development Bank has launched a USD2bn infrastructure fund that aims to invest in projects across the Muslim…
Conyers’ Dennis Ryan promoted to head of corporate services in Dubai
Conyers Dill & Pearman has announced the appointment of Dennis Ryan as head of corporate services in its Dubai office,…
Coutts appoints Team Leader for GCC
Coutts has announcesdthe appointment of Alex Liddle as a team leader for the GCC, effective 2 July 2014. Based in…
Al Hilal Bank offers USD500m additional Tier 1 sukuk capital
Al Hilal Bank has successfully priced USD 500 million Perpetual Additional Tier 1 sukuk certificates, marking the first Tier 1…
NBAD launches liquidity management fund
he National Bank of Abu Dhabi ( NBAD ) has launched the Cash Plus Fund, a fund designed to offer…
24% licensed firms at QFC are domestic
Domestic firms make up 24 percent of active licensed firms at Qatar Financial Centre (Authority). In 2013, 29 percent of…
GCC: Banking assets surge 12.2% to $1.1 trillion in first quarter
Driven by UAE banks, net profits of GCC lenders jumped 9.3 per cent year on year in the first quarter…
New product launched by KFH-Bahrain
Kuwait Finance House - Bahrain yesterday announced the launch of a new personal financing product based on a Sharia compliant…
OFFTEC Announces Strategic Partnership with Polaris Financial Technology Limited
OFFTEC, a subsidiary of OFFTEC Holding Group, has announced its strategic partnership with Polaris Financial Technology Limited (Polaris), a global…