No plan to restrict DIFC Business
Dubai isn’t considering any regulation that will restrict asset management businesses of companies based in the Dubai International Financial Centre,…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47648 articles available
Emirates NBD quarterly profit declines 62%
Emirates NBD PJSC (EMIRATES) reported a 62 percent decline in fourth-quarter profit as the United Arab Emirates’ biggest bank by…
Bank of Sharjah profit down 37%
Bank of Sharjah reported a net profit of Dh254 million in 2011, down 37 per cent from the Dh404 million…
FGB wins ‘Best Local Bank in the UAE’ for 2011
First Gulf Bank (FGB) has scooped ‘Best Local Bank in the United Arab Emirates’ award for 2011 during EMEA Finance’s…
$313m movie fund set up for MidEast investors
Twickenham Film Group has announced the production of major motion picture Saladin. The first major production based on the hero's…
DFSA Receives Delegation of Powers from the DIFC Registrar of Companies
The Dubai Financial Services Authority (DFSA) has accepted a delegation of certain powers from the DIFC Registrar of Companies (Registrar).…
Crown Prince praises financial, banking institutions
(BNA) His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Deputy Supreme Commander - also Chairman of…
BankDhofar set to launch Islamic banking
BankDhofar has appointed Deloitte and Touche for a market assessment and feasibility study into launching of Islamic window services at…
Abu Dhabi firm unlikely to get good price for RHBCap stake
Aabar Investments PJSC, the Abu Dhabi sovereign wealth fund which announced last June that it was acquiring Abu Dhabi Commercial…
Abu Dhabi helps Dubai again with bank bailout
The acquisition of a struggling Islamic lender by Dubai's largest bank, Emirates NBD , was bankrolled in part by Abu…
S&P says global crisis has boosted growth in the sukuk market
Standard & Poor's Ratings Services has published a report examining why sukuk issuance is gaining acceptance in markets beyond its…
Egypt prepares to sell $2 bln Islamic bonds
The Egyptian government, seeking to head off a funding crisis, is preparing to raise about $2 billion through its first…