Alizz Islamic bank elects board
Alizz islamic bank, the Sultanate’s second Islamic bank, has elected members of its board at its constitutive general meeting held…
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Managing Ethics Programs in the Workplace
Organizations can manage ethics in their workplaces by establishing an ethics management program. Brian Schrag, Executive Secretary of the Association…
Morocco Eyes Tax On Wealth
Morocco's Finance Minister Nizar Baraka has recently underlined the need for the government to examine both the "feasibility and the…
Italian private equity fund to sell British luxury car maker
Italian private equity fund Investindustrial and Indian car maker Mahindra have made competing bids for 50 percent of British luxury…
BDO Sees Global Revenue Grow in 2012
BDO is pleased to announce that the total combined fee income for the year ended 30 September 2012 for all…
Higher provisions, costs pare profit of GCC banks
GCC banks recorded a growth in total incomes in the third quarter but suffered a drop in net incomes due…
British boss lost job for not being a Muslim, claims banker
James Bagshawe, 53, was made redundant from his £185,000 a year post as chief operating officer at Sharia-run Gatehouse Bank…
Profit moves ahead at Arab Banking Corporation
Arab Banking Corporation has announced that its consolidated Group net profit for the first nine months of 2012 was US$158…
Kuwait’s Boubyan Sees Islamic Banking Boom
Islamic banking is growing at more than double the pace of conventional banking in Kuwait and strong demand is expected…
Bullish bankers struggle to adjust to bonus cutbacks
After a year of scandals, job cuts and shaky markets, senior managers and consultants contacted by Reuters warn bonus pools…
Bahrain's bank takes over Leeds United
"We have now completed all the negotiations and investigations with GFH and we've now completed the first part of the…
QInvest CEO quits amid restructuring
Shahzad Shahbaz, CEO of QInvest, the Qatari investment bank forming a joint venture with Egypt’s EFG-Hermes, has resigned. "I have…