Pakistan c.bank blocks sale of Meezan Bank stake, Kuwait's Noor says
Kuwait's Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank had been blocked by…
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Emirates NBD recognised by Euromoney as best provider of private banking services in UAE
Emirates NBD, a leading bank in the region, announced today that it had been named the “Best Local bank United…
Bank Alkhair announces US$ 4.7 million net profits
Bahrain-based Bank Alkhair, an Islamic wholesale bank, announced its financial results for the year ended 31 December 2013, as approved…
Dubai Investments achieves AED 108 million profits through Private Equity divestments
Dubai Investments, a leading investment company listed on the Dubai Financial Market, has achieved unprecedented success through its private equity…
Islamic finance: From the Cayman Islands to the Middle East and beyond – Harneys
The use of offshore companies in Islamic finance is driven by many of the same factors as in conventional banking,…
Acting CEO Of Islamic Bank Resigns
Jamal Darwiche, acting CEO of alizz islamic bank, has resigned from his position, according to a bank disclosure to the…
ABG units win top Islamic finance award
Bahrain-based Islamic banking group Al Baraka Banking Group announced that three of its units won 'Islamic Finance News Awards 2013'…
Qatar retains title as MidEast's top financial centre
Qatar has retained its title as the top financial centre in the Middle East, according to the latest Global Financial…
Bahamas project attracts MidEast interest
A development in the Bahamas has attracted dozens of enquiries from potential investors in the Middle East, a project spokesperson…
Millionaire beggar leaves her fortune for the needy
A blind female beggar who died here suddenly has left behind SR3 million in cash, jewelry, gold worth SR1 million…
S&P upgrade seen for Saudi as reserves swell
Saudi Arabia is poised for a sovereign upgrade from Standard & Poor’s as central bank reserves for Opec’s biggest member…
GFH Capital placement of prime central London property oversubscribed
The placement was oversubscribed by investors seeking attractive opportunities in the UK real estate market. The luxury property, which…