BLME Celebrates 5 Years of Trust, Integrity and Ethical Banking
Bank of London and The Middle East ("BLME"), the largest fully Islamic bank in Europe,has celebratedits fifth anniversary of receiving…
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MENA venture capital activity rises 28 per cent
Venture capital activity in the Middle East and North Africa (MENA) increased by 28 per cent in 2011 as countries…
Qatar National Bank signs $1.8 bln loan – statement
Qatar National Bank, the Gulf Arab state's largest lender, signed a $1.8-billion three-year loan after completing a syndication process orchestrated…
UAE fund rules seen as ‘natural evolutionary development’
A growing understanding of what the recently-unveiled, proposed regulations aimed at tightening up the oversight of the United Arab Emirates'…
Top China bank wins Saudi licence
Saudi Arabia has decided to let Industrial and Commercial Bank of China (ICBC) open a branch in the country, a…
Burgernomics: the Big Mac Index
Created by The Economist publication in September 1986 as a fun way to look at the theory of purchasing power…
Government watchdog claims some Israeli nonprofits used for money laundering
Nonprofit organizations in Israel are increasingly serving as a vehicle for money laundering, the Registrar of Associations asserts. …
Ajman Bank's HY net profit soars by 250%
Ajman Bank, the award-winning financial services institution and winner of the 'Fastest Growing Bank in the UAE' title, announced its…
United Gulf Bank announces 24% increase in first half profit
United Gulf Bank B.S.C. (c) (UGB), the asset management and investment banking platform of the KIPCO Group, announced a net…
Shariah Capital set to delist following seven years of losses
Proposed Cancellation of Admission to trading on AIM and Notice of Special Meeting Shariah Capital has announced that it is…
Qatar's fund in talks over QIC stake
Qatar Holding, a unit of the Gulf state's sovereign wealth fund, is in talks to increase its stake in Qatar…
The Evolution of Investment Reporting by Phil Banas
In his book The Origin of Species, Charles Darwin laid out his theory of evolution, in which he theorized that…