Dubai Islamic Bank nine month profit up 33.5 per cent
Dubai Islamic Bank posted a year to date net profit of AED 1.2 billion, compared to AED 899 million for…
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Ahli Bank appoints a new Deputy CEO – Retail
Before joining Ahli Bank in Qatar McKechnie worked in the UK banking industry for over 25 years in a number…
Shifting sands: advising expats in a changing world
The days of the all-expenses-paid expat lifestyle are gone, and shorter stints abroad have also become the norm, says Gary…
Banque du Caire chief wants 'right investment atmosphere' in Egypt
Munir Al-Zahid, CEO of Banque du Caire, has argued that the government should offer Arab and foreign investors an "appropriate…
Jersey seeks slice of capital action
The tiny island of Jersey, a powerhouse of international offshore finance that has been increasingly successful in attracting funds from…
Demand For Global Islamic Pension Funds Worth $190bn
The pent up global demand for Islamic pension funds is currently valued between $160 billion and $190 billion, according to…
Panel To Issue Sovereign Sukuk Formed
Oman government has formed a working committee to issue sovereign Islamic bond or sukuk, in a move to fund infrastructure…
Veteran Gulf banker plans to set up investment bank in Dubai
Emad Mansour, a veteran Gulf Arab banker, is planning to set up an investment bank in Dubai's tax-free financial zone,…
Qatari sovereign wealth fund among BlackBerry rescue party
A Qatari sovereign wealth fund has been identified as one of a number of backers to buy into failing flailing…
Al Baraka net income surges 8pc to $197m
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that it has achieved a net income…
Qatar Islamic banks' balance sheet to hit $100bn
Qatar’s Islamic banks' balance sheets are expected to grow to $100 billion by 2017, according to a recent report by…
Nice guys finish 88th! Jordan ranks 88th in global prosperity index
Jordan ranked 88th among 142 countries of the world in the 2013 Legatum Prosperity Index which was issued recently. …