Saudi Holland Bank shareholders approve 1.4 bln-riyal sukuk
Saudi Hollandi Bank shareholders have agreed to issue an Islamic bond, or sukuk, worth 1.4 billion riyals ($373 million) to…
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Gulf International Bank wins prestigious award from the Banker Magazine
Gulf International Bank has been named by The Banker magazine as the “Most Innovative Investment Bank from the Middle…
Arab Banks' profits set to increase
Arab banks are expected to post net profits of $38 billion by end of 2012 financial year, a three per…
Worldwide investment fund assets increased to EUR 21.4 trillion in Q2 2012
According to the latest quarterly international statistical release published by the European Fund and Asset Management Association (EFAMA), the…
BLME acquires property for its light industrial building fund
BLME, the largest Islamic bank in Europe whose main shareholders are Boubyan Bank and the Kuwaiti Public Institution for…
DIFC Courts wins UAE Customer Service Award
The DIFC Courts, Dubai's English language, common law judicial system were honoured to win a third consecutive Customer Service Week…
National Bank of Fujairah replaces Barclays on Eibor panel
The EIBOR panel banks has selected "The National Bank of Fujairah" to join the EIBOR panel, starting 8 October…
SS&C Named Among World's Top 500 Software and Service Providers
SS&C Technologies today announced Software Magazine has named SS&C among the world's 500 largest software providers. SS&C was…
Former HSBC exec appointed as MD Coutts International, UK
Michael Mount has been appointed as Managing Director within Coutts' international business in the UK. Michael joins from…
Abu Dhabi exiting investment in Daimler
Abu Dhabi is exiting its investment in German carmaker Daimler, a German magazine reported, citing unidentified people within Daimler. Abu…
Swiss wealth management boutique to acquire Clariden Leu (Europe)
Swiss wealth management boutique Falcon Private Bank has agreed to acquire Clariden Leu (Europe) Ltd., a wholly owned subsidiary…
Qatar Exchange appoints new CEO
Rashid Bin Ali al-Mansoori has been named the new chief executive officer of Qatar Exchange (QE), the bourse said…