DIFC Authority appoints Nasdaq Dubai chief as new COO
Nasdaq Dubai announced that Jeff Singer has stepped down as Chief Executive after four successful years at the region's international…
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Global Asset Management Profit Margins at Risk – Research
Operating margins in the global asset management industry have recovered from their 2009 lows, at a median 32% in…
Al Izz Islamic Bank unveils corporate identity
Aabar Investments PJS Aabar Investments, one of the key strategic investment vehicles of Abu Dhabi will be a corner stone…
32 ADX listed companies disclose financial statements for the Q2 2012
The companies that disclosed their financial statements did so within the first 31 days of the 45 day deadline. Companies…
Euro banking giant eyes MidEast opportunities
Santander, one of the world's biggest banking groups, is in talks to bring its financial services to the Middle East.…
Evolution of Family-Owned Businesses in the Arab Region
The Arab region is enriched with countless family-owned businesses that slowly transformed from small trading firms in the early 60s…
Albaraka Bank of Algeria implements iMAL Islamic banking solution
Albaraka Bank of Algeria, a subsidiary of Albaraka Banking Group (ABG), and Path Solutions announced the successful implementation of…
Israel’s Bank Chief Fischer Warns of European Collapse and Lehman 2.0
In a bleak overview of the global economy, Stanley Fischer of the Bank of Israel, told his country’s parliament on…
AK Takaful reports 4% rise in gains
Al Khaleej Takaful has reported a 4% gain in its first half net profit to QR59.02mn. Under shareholders’ account, total…
Turkish banks' capital ratios will drop because of the country's switch to Basel II
Turkish banks' capital ratios will drop because of the country's switch to Basel II today, says Fitch Ratings. They will…
Turkey's Denizbank Q2 net profit down 4.4 pct
Denizbank has announced a net profit of 131.2 million lira for the second quarter, down 4.4 percent from a year…
Court backs payment to AHAB
The Grand Court of the Cayman Islands issued an order in favour of Ahmad Hamad Algosaibi & Brothers (AHAB) directing…