Global GCC equity funds outperform their benchmarks year to date
The Global GCC Large Cap Fund, one of the company’s flagship funds, has outperformed its respective benchmark reporting a return…
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BankDhofar Named 'Best in Oman' By CPI Financial
Abdul Hakeem Omar al Ojaili, acting chief executive officer of BankDhofar, received the award during a gala dinner held on…
Internet-only banking not feasible in Mideast
Digital technology is changing people’s lives, with consumers now increasingly keeping in touch and buying everyday groceries through virtual means.…
UAB wins dual awards at 2014 Banker Middle East Industry Awards
United Arab Bank, the fastest growing bank in the Middle East, has reinforced its award-winning status by picking up a…
UAE c.bank says to propose new capital, liquidity rules in H2 2014
The central bank of the United Arab Emirates plans to introduce new rules on liquidity and begin consulting with banks…
RAKBANK lifts foreign ownership Limit
Peter England, RAKBANK’s CEO, said that the bank had been running very close to the old 20 per cent limit…
Award Reflects Leading Role In Banking Sector: Al-Sarawi
Kuwait Finance House (KFH) has won “Best Bank in Kuwait” award from the Banker Middle East magazine that is specialized…
BIBF Launches Course on New AAOIFI Islamic Finance Standards
Saturday June 8, 2014: BIBF is launching a training course to highlight new Sharia standards that were recently announced by…
Al Salam Bank, BMI Bank sign MoU with Meethaq
Meethaq, the Islamic banking window of Bank Muscat, Al Salam Bank Bahrain and Bahraini retail and commercial banking institution BMI…
Capital Intelligence affirms ratings of The Saudi Investment Bank
Capital Intelligence has affirmed the ratings of The Saudi Investment Bank, based in Riyadh, Saudi Arabia. In view of the…
Saudi Investment Bank Sells $533m Capital-Boosting Sukuk
Saudi Investment Bank has completed a SAR2 billion ($533.3 million) capital-boosting sukuk issue, it said on Thursday, the latest lender…
Bank Muscat launches GCC Property Income Fund
The fund is positive about the GCC real estate market as it presents huge growth potential, driven by several structural…