"Lebanese Banking Sector is Extremely Liquid" says Blom Bank
Banking activity weathered softer economic conditions and heightened developments in the region, while profits lulled due to higher provisions and…
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Qatar plans to issue first Islamic bonds in decade
The Gulf Arab state of Qatar is planning to issue Islamic bonds, or sukuk, for the first time in nearly…
Emirates NBD sponsors St. Andrews Youth Golf Camp for emerging world youth golf tour
Emirates NBD has announced its sponsorship of the St. Andrews Youth Golf Camp, which is designed for young amateur golfers…
Tentative times for ME investments
Investment banking in the Middle East continued to face challenges in the first half of this year as European and…
Hong Kong fund buys Jordan Dubai Capital
A Hong Kong-based investor has bought full ownership of Amman-based Jordan Dubai Capital for 92 million Jordanian dinar from Dubai…
Dark Cloaks & Dark Pools: Brighter Bankers & Brighter Culture by Justin Urquhart Stewart
In these fetid days of opprobrium for banks, there have inevitably arisen many populist cries for anything from root…
Global Corporate Giving Initiative Answers Question, “What Counts?”
Committee Encouraging Corporate Philanthropy (CECP) has released The GlobalGuide to What Counts: A Defining Moment for Corporate Giving (Global Guide),…
Europe crisis an opportune time for GCC to develop its economy
Last week, the German Parliament approved the adoption of fiscal and ESM treaty hoping to overcome the current economic debt…
UAE Exchange launches banking kiosk
Several branches of UAE Exchange in Abu Dhabi have recently deployed kiosks to help customers make remittance and bill-payment transactions.…
Syrian funds come under UAE scanner
Banks and financial institutions in the UAE have started searching for any accounts, investments, money deposited and transferred by 139…
Turkey to mandate banks for sukuk sale -sources
Turkey is set to mandate HSBC, Citi and Deutsche Bank to manage the sale of its first sukuk, or Islamic…
Standard Chartered launches Islamic wealth product range aimed at HNWIs
Standard Chartered Private Bank has launched a suite of Islamic wealth management products aimed at high net worth clients across…