BMI Bank's net profit soars 88pc to $1.4m
Bahraini retail and commercial banking institution BMI Bank yesterday reported a net profit of $1.4 million for the first…
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Charles Russell becomes latest firm to enter Qatar market with Doha launch
Charles Russell is launching a new office in Qatar as the UK top 50 firm moves to ramp up…
Ithmaar Bank operating income stable at BD37m
Operating income continues to be stable at Ithmaar Bank at BD36.8 million, despite a significant compression of margins in…
Warba Bank plans new investment company
Warba bank is moving towards establishing a new investment company operating in accordance with Shari’ah rules The general assembly…
5th World Islamic Retail Banking Conference to take place in Dubai
As the future promises great opportunity for the Islamic banking sector, 5th World Islamic Retail Banking Conference will present…
CBB Sukuk Al-Ijara over subscribed
The Central Bank of Bahrain announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has…
Emerging Markets Represent a Wealth of Opportunities for the Next Century – RESEARCH
Emerging markets, like those in Latin America, represent a fantastic opportunity for companies seeking to expand their global presence. Gartner…
Abu Dhabi bank uses Indian IT firm solution
Leading Indian IT firm Polaris Financial Technology Ltd deployed its software solution - Intellect loan management system - at Abu…
Bank Nizwa partners with BankDhofar to develop Omani Islamic interbank market
Both banks will be working together with other domestic Islamic banking entities to develop Oman into one of the frontrunners…
Barclays considers potential sale of UAE retail business
Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which could lead…
Neuberger Berman expands global fixed income team
Neuberger Berman has hired Jon Jonsson as senior portfolio manager for its global fixed income strategies. Jonsson was most…
Kuwait's Burgan Bank 2Q Net Profit Falls 10%
First-half net profit fell 11% to KWD27.89 million from KWD31.16 million in the same period of 2012, the lender said…