HSBC wins top awards
HSBC Middle East payments and cash management business has been awarded Best Overall Bank for Cash Management and Best Bank…
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GIB net income soars to $104m
Bahrain-based Gulf International Bank (GIB) said it has recorded a consolidated net income after tax of $104.5 million for the…
Major Bahraini banks partner with AFS for 3D Secure Services
Bahraini Saudi and Al Salam Bank Bahrain, Al Salam Group is a pioneering Bank in the region and have constantly…
Burgan unveils new premier banking identity
Kuwait-based Burgan Bank has re-launched its premier banking segment proposition with a new identity and unique value-added features to provide customers…
Talking Turkey is proving difficult for Qatar National Bank
Qatar National Bank's talks to acquire Denizbank, the Turkish lender put up for sale by Dexia, are stalled over price…
Al Hilal Bank unveils first sukuk fund
Al Hilal Bank has announced the launch of its first sukuk fund -- the Al Hilal Global Sukuk Fund --…
Emirates NBD paid Dh10 to take on Dubai Bank
Emirates NBD paid just Dh10 to acquire Dubai Bank, the Islamic lender that was rescued by the Government last year.…
Islamic wealth industry grew 15pc-20pc over the past decade
KFH-Research prepared a report about Islamic wealth management industry around the world. It stated that this industry has great growth…
Hillary Clinton among contenders for World Bank top job
US Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed…
Looking beyond the Greek tragedy
As we had feared, markets were ripe for some profit taking and that is what we have seen in recent…
Multi-content bilingual portal for Women launches in the Middle East
LINKonLINE, one of the largest Arabic online publishing companies in the Middle East and North Africa, launched their new website…
Bahrain Islamic, Al Salam end merger talks
Bahrain Islamic Bank, the second-biggest Sharia-compliant lender in the country, ended talks with Al Salam Bank for a possible merger…