Global Finance names QIB Qatar’s ‘Safest Islamic Bank’
QIB has been recognised as the ‘Safest Islamic bank in Qatar’ in Global Finance’s first-ever list of the “Safest Islamic…
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Appointment of Acting Chief Executive Officer at Barwa Bank
Barwa Bank has announced the appointment of Khalid Yousef Al-Subeai as its Acting Chief Executive Officer, effective 9th March, taking…
Buoyed by Damas Exit, EFG Hermes Plans New Private-Equity Funds
Egyptian investment bank EFG Hermes is planning to raise money for new private equity funds later this year, betting that…
Expat Essentials: Top 10 tips for living in the UAE
One of the wonderful things about living in Dubai is that it’s a cultural melting pot. The UAE provides exposure…
National Bank of Abu Dhabi : UAE central bank chief warning on capital rules
Sultan Al Suwaidi says small businesses are at risk under new global financial regulations. The Central Bank governor yesterday…
Dubai’s DMCC to boost Islamic commodity trade with tie-ups
The Dubai Multi Commodities Centre aims to boost activity on its sharia-compliant commodity trading platform by partnering with a global…
Emirates NBD consolidates presence on social media with launch of LinkedIn page
Emirates NBD, a leading bank in the region, announced the launch of its official LinkedIn page, with the objective to…
Seeking sukuk success
The market for Islamic bonds, known as sukuk, is growing. Last year, the British Prime Minister David Cameron said…
Gulf markets may steady as Qatar commits to security
Saudi Arabia, the UAE and Bahrain decided to withdraw their ambassadors from Doha on Wednesday, saying Qatar had failed to…
National Bank of Kuwait SAK : Kuwait's real estate turnover jumps 24% y/y to USD 1.11bn in January 2014 driven by investment demand
Real estate sales in Kuwait climbed 24% y/y to KWD 315mn in January 2014 driven by strong investor demand for…
First Gulf Bank To Set Up $1.07bn Sukuk In Malaysia
Abu Dhabi’s First Gulf Bank, the third-largest bank by assets in the United Arab Emirates, will raise 3.5 billion ringgit…
Veteran Saudi central banker to head Arab Monetary Fund
he Board of Governors has appointed H.E. Dr. Abdulrahman Bin Abdullah Al Hamidy as Director General and Chairman of the…