Islamic Lending Grows as Western Banks Take Breather
As European banks have pulled back from overseas exposures to concentrate on cleansing their balance sheets and strengthening their core…
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Are Private Banks Social Media Shy?
It almost appears that the whole business world has discovered social media as a way to connect and engage clients…
EMEA Investment Managers Experience Improved Connectivity with Advent Software
Advent Software today announced its improved connectivity in Europe, the Middle East and Africa (EMEA). Advent has made significant additions…
Saxo Bank (Dubai) Wins Banker Middle East Award
Saxo Bank (Dubai) Ltd, the online trading and investment specialist, won the Banker Middle East's 'Best FX platform' product award…
Emirates NBD appoints new CEO for Dubai Bank
Emirates NBD announced today the appointment of Jamal bin Ghalaita as the new CEO of Dubai Bank, which was recently…
Saudi British Bank Said to Raise $400 Million in Sukuk Placement
Saudi British Bank (SABB), the lender 40 percent owned by HSBC Holdings Plc (HSBA), is said to have raised 1.5…
Oman to amend banking regulations
With the draft laws for Islamic banking almost complete, Oman will also alter its existing regulations for banking in the…
ENBD hosts wealth management roadshows
Emirates NBD is hosting a series of wealth management roadshows for its priority banking customers, in line with its objective…
Talal Al Zain Appointed Head of Pinebridge Investments Middle East and North Africa
PineBridge Investments (“PineBridge”), the global multi-asset class investment manager, is pleased to announce the appointment of Talal Al Zain as…
UAE firms’ profits grew 88.6%
Aggregate net profit of UAE corporate reached $9.27 billion (Dh34 billion) by the end of 2011, up by 88.6 per…
Abu Dhabi royals involved in RBS talks
Talks to sell a stake in Britain's state-owned Royal Bank of Scotland are being held at the level of the…
Islamic banking: Impressive growth underscores success
When Islamic banking was first introduced to the Middle East more than 40 years ago, sceptics labelled the industry a…