India's first sharia-compliant financial company eyes Oman investment
India's first sharia-compliant non-banking financial company, Cheraman Financial Services Ltd, is looking to tap the Omani market, and indeed the…
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Saffery Champness appoints a new manager to family office team
Saffery Champness has appointed Greta Allman as the manager of the specialist Middle East family office team. In her new…
Credit Suisse sees Qatar fund in emerging markets push
Qatar's sovereign wealth fund is looking at more investments in emerging markets in order to diversify beyond developed nations, said…
Barwa Bank sees sharp rise in profit
Barwa Bank, a Shariah-compliant lender, expects a sharp increase in its 2013 net profit, driven mainly by billions in infrastructure…
Deloitte: Is bank specialisation in the Middle East worth the risk?
While the potential benefits of specialisation are likely to be many and are widely anticipated, less attention has been paid…
EFG-Hermes Targets Gulf Banking Deals as Egypt Falters
EFG-Hermes Holding SAE, the Egyptian investment bank whose merger with Qatar’s Qinvest LLC collapsed in May, said it’s seeking deals…
World Bank to open first Islamic finance center in Istanbul
Borsa Istanbul's website says a ceremony will be held later on Monday to inaugurate the World Bank Global Islamic Finance…
Emirates NBD eyes Turkey buy amid foreign expansion
Emirates NBD is looking for acquisition targets in Turkey as Dubai's largest lender scouts for opportunities beyond its home market,…
Morgan Stanley Sees Worst Over for Middle East Banking
Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end…
Bahrain Islamic Bank reports BD3.8 million in profits in nine months
The Bahrain Islamic Bank announced that the Bank made BD3.8 million in net profits during the first nine months ending…
CEO Anthony Mallis to retire from SICO
Bahrain-based regional investment bank, Securities & Investment Company, announced today (28 October) that its Chief Executive Officer, Anthony Mallis, has…
KPMG announces Global Islamic Finance leadership team
KPMG has appointed a Global Islamic Finance Leadership Team to support the continued growth and development of KPMG's Global Islamic…