New iMAL with Enhanced Security and Customizable User Interface
Path Solutions have announced the immediate availability of its next generation Islamic Banking and Investment System. iMAL 12.9 is built…
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Standard Chartered picks up UAE mandate
Standard Chartered has picked up a custody and fund administration mandate with Al Mal Capital, an investment institution in the…
New Finance Head joins Citi EMEA
Paul Hanley has been appointed by Citi as prime finance head of sales and capital introduction for Europe, the Middle…
BankDhofar Profit Swells
BankDhofar yesterday announced a phenomenal 70.8 per cent growth in net profit for the first nine months of 2013 at…
New push to promote Islamic microfinance
Islamic microfinance is an effective tool for poverty alleviation and it should be introduced around the globe, according to Social…
Saudi banks joining HSBC in sukuk issuance boom
Saudi Arabian banks are climbing the rankings in arranging Gulf Islamic bond deals this year, profiting from a growing pipeline…
HSBC Bank Oman announces new Chairman
HSBC Bank Oman have announces the appointment of David Eldon as Chairman of the Bank following a recent meeting of…
Jobs for lawyers in the UAE on the rise, but not salaries
The UAE’s return to economic growth has led to an increase in legal hiring for both in-house and private practices,…
Private equity firms in Arabian Gulf eye Egypt acquisitions
Private equity firms in the Arabian Gulf are targeting acquisitions in Egypt as opportunities created by that country’s fast-expanding middle…
Qatar National Bank might sell freshly acquired NSGB Egypt
Qatar National Bank is negotiating to sell National Société Générale Bank Egypt only six month after acquiring it, an internal…
IMF Says Jordan Weathering 'Tougher' Outside Shocks
The International Monetary Fund on Saturday praised Jordan's progress in an IMF loan-supported program despite increasing outside shocks, notably from…
Arqaam Capital to Expand Into Sub-Saharan and East Africa Nations
Arqaam Capital, the Dubai-based regional investment bank, is targeting opportunities in sub-Saharan Africa and East Africa markets along with its…