ABC Islamic Bank posts $8m profit
Bahrain-based Arab Banking Corporation's subsidiary ABC Islamic Bank yesterday announced a net profit of $8.3 million for last year, compared…
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Morgan Stanley Middle East Equity Chief Joins Dubai Boutique HK
Morgan Stanley’s head of Middle East equity sales and trading, Fahmi Alghussein, left to join Dubai- based HK Advisory Services…
Mohammed’s initiative to spark sukuk boom
A landmark announcement by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and…
Bank Dhofar obtains Islamic banking licence
Bank Dhofar has been granted an Islamic banking licence by the Central Bank of Oman to operate its window operation,…
Bank posts $8m profit
Bahrain-based Arab Banking Corporation's subsidiary ABC Islamic Bank yesterday announced a net profit of $8.3 million for last year, compared…
ADCB re- opens T2 market for local issuers
Abu Dhabi Commercial Bank PJSC on 26 February priced the first 2013 trade for any UAE bank in the Reg…
Barwa Bank Wins Islamic Finance News "Qatar Deal of the Year" and "Turkey Deal of the year" Awards
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, today announced that it has won the Islamic Finance…
Linklaters recognised for innovative Islamic finance practice
Linklaters has won three awards at the prestigious Islamic Finance News (IFN) Awards 2013 in Dubai - further market recognition…
Emirates NBD Bank PJSC Rolls Out Advent to Singapore Operations
Advent Software today announced that Emirates NBD Bank PJSC, one of the largest banking groups in the Middle East, has…
Chinese Bank ICBC ME Posts 69% Rise In 2012 Profit
The Middle East unit of the world’s largest lending bank, Industrial and Commercial Bank of China, announced that its 2012…
Oman's Bank Muscat hit by $39m prepaid card fraud
Bank Muscat, Oman's largest lender, will take an impairment charge of up to OMR15m (US$39m) after a small number of…
ADIB redefines Islamic Banking as Ethical Banking at '12th Euromoney Islamic Finance Summit'
Abu Dhabi Islamic Bank, a top-tier Islamic financial institution, made the case for the viability of Islamic finance as an…