Aldar reports first quarter 2012 financial results
Aldar Properties PJSC, Abu Dhabi's leading property development investment and management company, today announced its financial results for the first…
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IKEA partners with Turkey's richest person to establish bank in Russia
Swedish furniture and household product retail chain IKEA will have Fiba Holding Chairman Hüsnü Özyeğin, also Turkey's richest person, as…
Exclusive: AAOIFI in wide review of Islamic finance standards
Islamic finance may face its biggest shake-up in years as a top standard-setting body seeks to reform the way the…
All Women Need to Do is Push Back
If women grew accustomed to the idea that negotiation is a part of daily life and should be embraced, they…
Warba Bank funds announces first residential project in the United States
Warba Banka has announced the conclusion of a financing deal to purchase a property and develop it into a multi-family…
Jordan Islamic Bank to distribute dividends by 15pc
General Assembly of Jordan Islamic Bank approves the balance sheet for the year 2011 , agrees to distribute dividends by…
Emirates NBD wary of central bank loan rules
Emirates NBD is wary of new regulations limiting loan exposures to state-linked entities, Dubai’s largest lender said yesterday, after posting…
Cluttons raise confidence in Abu Dhabi finance market, with the delivery of professional valuation advice
Cluttons discuss the importance of valuation standards to financial and investment organisations, and why an inability to accurately understand "market…
Top Mideast lender may own majority of new bank with EFG-Hermes
EFG-Hermes Holding SAE said Qatar’s QInvest LLC may hold a majority stake in a planned investment bank that would take…
Libyan wealth fund to appeal against asset seizure in Italy
Libya's sovereign fund said on Thursday it would appeal to recover around 1.1 billion euros of assets, including stakes in…
Temenos signs agreement with United Installment Sales Company
Temenos has announced that United Installment Sales Co. Ltd., the exclusive distributor of Toyota, Lexus & Daihatsu in Saudi Arabia,…
Bahrain Islamic Bank posts $1.4m net profit
In a press release issued by the Bank, Mr. Khalid Abdulla Al-Bassam - Chairman of the Board of Directors announced…