Crisis: Islamic Finance doing well, up 20% in Gulf
Islamic finance has increased exponentially in the last decade, with transactions worth more than one billion billion dollars in 2011,…
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ADCB reports Dh3b net profit for 2011
Abu Dhabi Commercial Bank on Thursday reported Dh3 billion net profit for 2011 compared to Dh391 million reported in 2010.…
The Islamic Bank of Asia Announces Two Strategic Appointments
The Islamic Bank of Asia today announced two key senior appointments to drive the bank's focus on investment banking and…
Egypt’s economic crisis
Alarm bells are ringing inside and outside Egypt as the country faces an economic crisis nearly one year after the…
Segments of the GCC financial markets are beginning to develop fraction
The uneven performance of the GCC financial markets has continued to reflect the extremely uncertain global economic situation as well…
Major India-based private bank ties up with Saudi-based Samba Financial Group
Axis Bank, India`s third largest private Bank, today announced its tie up with Samba Financial Group, Saudi Arabia, for remitting…
Challenges to growth of Islamic banking
Although Islamic banking has grown rapidly over the last three decades, the volume of transactions touched $1.086 trillion (Dh3.98 trillion)…
US fund firm Investments names new EMEA CEO
U.S. fund manager Russell Investments said on Wednesday it appointed Pascal Duval as chief executive officer of its Europe, Middle…
Deloitte launches first Middle East Tax Chief Compliance Officer Forum
Deloitte is proud to announce the inaugural The Deloitte Middle East Tax Chief Compliance Officer (CCO) Forum to take place…
Dubai has the most billionaires in the Middle East
It is ahead of the Saudi cities of Jeddah and Riyadh, though the latter both feature in the world's top…
Russell Investments names EMEA chief
Russell Investments has appointed Pascal Duval as chief executive of its Europe, Middle East & Africa (Emea) businesses. Duval will…
KPMG Annual Review 2011 Highlights Client Focus of Fastest-Growing of the Big Four
The KPMG International Annual Review 2011, released today, records a year of milestones for the KPMG global network of professional…