Governor of Central Bank of Bahrain stresses the success of its policy
Governor of Central Bank of Bahrain, Rasheed Mohammed Al Miraj stressed that developing the efficiency of the economic policies and…
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Bank Muscat among 20 global banks partnering FIFA World Cup 2014
Bank Muscat announced its exclusive positioning in Oman as the official Retail Banking Partner of FIFA World Cup 2014, at…
Noonan rejects €500m offer from Gulf investor for stake in AIB
The Government rejected a €500m approach to buy a stake in AIB from a Gulf-based wealth fund without even asking…
GCC Banks Rebound As Economy Recovers
Off the back of steadier results Gulf banks have been helped by a more in the previous year, 2013 was…
DFM net profit soars to $77m
Dubai Financial Market has posted a net profit of Dh284.6 million ($77.5 million) for 2013, as compared to Dh35.2 million…
Russian AK BARS Bank attracts Shariah-compliant investments
A syndicate of 11 banks from the Gulf countries and the Middle East has signed a murabaha agreement with the…
Saudi lender NCB plans capital-boosting local sukuk sale
Saudi Arabia's largest lender, National Commercial Bank, has picked four banks to arrange a local currency sukuk that will boost…
IMF warns on Dubai real estate bubble
If the various mega projects announced by Dubai are not implemented prudently, they could result in a real estate bubble,…
UAE banks are immune to real estate crisis: Sultan bin Nassir Al Suwaidi
Governor says rules on new capital requirements for banks to be enforced in Q1 UAE banks are unlikely to…
King & Wood Mallesons SJ Berwin appoints ME Real Estate group head
King & Wood Mallesons SJ Berwin has hired Tom Calnan as head of Real Estate in the Middle East. Tom…
Global law firm launches new association in the Kingdom of Saudi Arabia
Global law firm King & Wood Mallesons SJ Berwin celebrated its exclusive association with the Law Office of Majed Almarshad…
Over-reliance on real estate holding Islamic markets back
Despite a retail-driven demand for Islamic products, government support and a rising number of global investors comfortable with investing in…