Bank Nizwa looks to break even in 2014
The Sultanate’s first Islamic bank, Bank Nizwa, hopes to break even in 2014 and proposes to come out with a…
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UBL funds spread wings to UAE market
Securities and Commodities Authority (SECA) UAE has recently given approval for distribution of three additional funds managed by UBL Fund…
Russian, Chinese and Gulf state firms enter commodity trading to control pricing
As US and European banks dropout of commodity trading, Russian, Chinese and Gulf state firms are filling the gap in…
United Arab Bank Awarded Industry Accolades by UK Publication
United Arab Bank has been recognized for its achievements with two prestigious industry accolades from International Finance Magazine of the…
DFSA Signs Agreements With Italian Regulators
The Dubai Financial Services Authority (DFSA) entered into two important agreements, last week, with the Commissione Nazionale per le Società…
Leading Swiss private banking group appoints Head of Lebanon
Julius Baer, the leading Swiss private banking group, has appointed John Dagher as Head Lebanon as of 1 January 2014.…
Kazkommertsbank announces on changes to the Management Board
Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia, announces on changes to the Management Board of the…
Abu Dhabi Islamic Bank PJSC : Motivated to make a change
Her bank was reluctant to provide a loan – 'we have to wait for this, we have to wait for…
Emirates Islamic named best domestic retail bank
The CPI Financial Islamic Banking and Finance Awards celebrate the achievements of top Islamic bankers, financiers and Islamic finance and…
EIIB boosts stake in asset management unit
European Islamic Investment Bank (EIIB-Rasmala), one of the largest, independent financial institutions focused on GCC markets, said it has significantly…
Barwa Bank named ‘Best Islamic Bank in Qatar’
Barwa Bank has been named "Best Islamic Bank in Qatar" at the EMEA Finance Awards 2013. EMEA Finance is a…
Work to restart on Dubai's artificial World islands as the emirate finally begins to recover from economic meltdown
Property developers in Dubai are to resume building on a collection of artificial islands that form the shape of the…