Standard Chartered UAE continues steady growth in consumer banking
Standard Chartered, the British lender with a major presence in the UAE, continues to witness growth in both deposit and…
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Oman's Islamic banks get extension on overseas holdings
Oman's central bank has granted Islamic banks a one-year relaxation of rules on the amount of foreign assets which they…
Turkey's Kuveyt Turk plans 100 mln lira sukuk in Sept-Oct
Kuwait Finance House's Turkish unit Kuveyt Turk plans to issue a lira sukuk worth 100 million lira ($55.40 million) in…
UAE lender Sharjah Islamic plans dollar sukuk sale
Sharjah Islamic Bank, a lender part-owned by the UAE emirate of Sharjah, plans to sell a dollar-denominated Islamic bond, or…
Dubai Holding unit profit up 488%
Dubai Holding have announced the financial results for its business group, Dubai Holding Commercial Operations Group, for the fiscal year…
Qatar set to acquire London hotel on Park Lane
Qatar's sovereign investments in European real estate continue unabated. Qatar Holding is set to take control of French department store…
KPMG has launched a global centre of excellence for family business
The initiative is in collaboration with Young Presidents' Organisation that provides all YPO Global Family Business Network members with exclusive…
Key GCC Islamic banking assets rise to $445bn
Islamic banking assets with commercial banks in the GCC reached $445 billion at the end of last year, up from…
Leeds United’s Dubai-Based Owner Says Studying Investor Offers
GFH Capital, the unit of a Bahraini investment firm that bought Leeds United in December, is studying several offers from…
Barclays Plans to Expand in Egypt as French Banks Retreat
Barclays Plc plans to add branches in Egypt this year as Britain’s second-biggest bank by assets seeks to expand in…
Sovereign wealth fund makes new appointments
Andrea Moneta and Lakhdar Moussi join the ONIC Holding Board following their election at ONIC Holding’s AGM held on 30th…
QNB takes over SocGen's Egyptian unit
Qatar National Bank (QNB) Group said it has completed the acquisition of a controlling stake of 97.12 per cent in…