Stanchart Private Bank Launches Islamic Financial Solutions
Standard Chartered Private Bank has announced its forthcoming launch of a comprehensive suite of Islamic financial solutions for its clients.…
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India sets up Gulf unit to track NRI tax evaders
India’s efforts to track down tax evaders could soon see officials monitoring the funding flows of nationals living in Gulf…
Al-Kifah signs SR 600 m loan facility
Saudi Arabia's Al-Kifah Holding Company has signed a SR 600 million syndicated Islamic Murabaha facility agreement with a group of…
Citibank bucks the trend in Bahrain by boosting staff
Citibank has boosted staff numbers in Bahrain in a bid to reap the benefits of increased government spending. The move…
Identity crisis: Islamic banking – in search of a lost soul
There is no doubt that Islamic banking and finance must always fulfil the requirements of Islamic jurisprudence. However, it is…
New directors named for Gulf Finance Corp
Shuaa Capital, a leading financial services institution in the GCC, has appointed Steffen Schubert and John Blanthorne to the…
SABB launches Islamic Business Packages to SMEs
The Saudi British Bank (Sabb), an associated company of the HSBC Group, said it has launched a new campaign…
EFG-Hermes rejects $1.1bn offer
EFG Hermes Holdings has announced that the Company’s shareholders’, including its primary shareholders; Abu Dhabi Investment Authority and Dubai Financial…
Dubai Wealth Manager Launches In Malaysia
Dubai based Wealth Management company Globaleye has further increased its presence in the Far East by opening a new office…
HSBC gets formal approval for Oman merger, names board, CEO
Further to the announcement on 18 April 2012, the Ministry of Commerce & Industry in Oman has formally approved the…
Barwa Bank launches Shari'ah Compliant 3 year Capital Protected Notes
Barwa Bank is offering a unique Shari'ah Compliant 3-year Capital Protected Notes linked to the Turkey and Indonesia equity markets.…
To all those doubters – our Arab women are doing just great
There is a widespread misconception in the western world that Arab women are deprived of many rights and do not…