NBE's Investments in Egypt's Debt Instruments Hit EGP160billion
NBE ranked first in the primary market dealers and secondary in treasury bills, Secondly, Commercial International Bank (CIB), Thirdly Arab…
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Deutsche Bank Research: Regulatory approval for 49% foreign ownership to proof positive for Qatari stocks
The new directive issued by Qatar's Emir Sheikh Tamim bin Hamad Al-Thani to raise foreign ownership in Qatari stocks by…
Mediobanca Hires Former Barclays Executive
Italy's merchant bank Mediobanca SpA has appointed former Barclays executive Francesco Canzonieri as head of the financial services division of…
Al Hilal Bank deploys Infosys Finacle E-banking solution
Al Hilal Bank has successfully implemented the Infosys Finacle e-Banking solution, enabling the Shari’ah-compliant bank to provide a full range…
NCR Corporation and Alizz Islamic Bank Win 'Best Branch Automation' Award
Alizz Islamic Bank SAOG, Oman's newest Islamic Bank, today announced that it has jointly won the "Best Branch Automation Project…
AAOIFI's secretary general quits
H. E. Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman of Board of Trustees of Accounting and Auditing Organisation for Islamic…
Dubai Chamber identifies opportunities in Iraq’s Islamic finance sector
Dubai Chamber of Commerce and Industry urged Iraqi banks and financial companies to expand their networks within the Islamic economy…
Al Baraka eyes capital hike to expand Islamic financing
Al Baraka Bank Egypt, a joint-stock company, is seeking to increase its paid-up capital to EGP 1 billion (USD 140…
Barclays to boost workforce, lending in Dubai
Barclays will boost hiring and increase lending at its corporate banking business in Dubai as the UK’s second-largest bank by…
Funds to cut UAE, Qatar exposure after MSCI upgrade -survey
A substantial number of Middle East funds intend to cut their exposure to stocks in the United Arab Emirates and Qatar,…
Bahrain clarifies Basel III capital rules, eyes 2015 rollout
Bahrain has become the first country in the Gulf outside Saudi Arabia to clarify its treatment of capital-boosting instruments under…
Al Baraka Islamic Bank launches key promotion
Al Baraka Islamic Bank has launched a new promotional campaign in collaboration with Harley-Davidson Motorcycle Bahrain. Competitive financing profit,…