Saudi bank NCB prices $1.33bn sukuk
National Commercial Bank, Saudi Arabia's largest lender, has completed a 5 billion-riyal ($1.3 billion) Islamic bond issue, two banking sources…
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CBI and Zurich International Life sign bancassurance agreement
Dubai-based Commercial Bank International (CBI) has reached an agreement to market and distribute Zurich International Life's different insurance products, including…
Waqf Fund joins hands with University of Bahrain
The Waqf Fund, a Bahrain-based special fund to support Islamic finance training, education and research, has joined hands with University…
IFG Islamic finance 2014 outlook survey: Hopes of a transitory slowdown in growth
As the current year began, the Islamic Finance Gateway team reached out to readers to hear their expectations for the…
Standard Chartered set to finalise sale of its retail bank in Lebanon
UK-based Standard Chartered is set to take a final decision on plans to divest its retail banking unit in Lebanon,…
Dubai developer inks deal for luxury Dominica hotel
A Dubai developer has signed a memorandum of understanding with the government of Dominica for the construction of a high-end…
Saudi-Kuwaiti Finance House inks financial consultation agreement with Al-Omran Company
Al-Omran Company, which is one of the mega companies in Saudi Arabia, inked a financial consultation agreement with Saudi-Kuwaiti Finance…
SABB Awarded "Best Commercial Bank" in Saudi Arabia
The Saudi British Bank has received the "Best Commercial Bank" award in a ceremony held in Dubai recently. The…
StanChart Singapore head to join Bahrain-based Banking group
Ray Ferguson, current chief executive officer of Standard Chartered's Singapore office, is to join Arab Banking Corporation (ABC), the Bahrain-based…
Alizz Bank Uses Digital Platforms To connect With client
Based on its forecasted year on year growth of between 15 per cent and 20 per cent for assets, financing…
Dubai to ease finance fears with $10bn debt deal
DUBAI is poised to roll over a vital $10bn (£6bn) debt facility with the central bank of the United Arab…
ADIB named best Islamic Bank in the Middle East by Euromoney
Abu Dhabi Islamic Bank has been named the best Islamic bank in the Middle East and best Islamic bank in…