Kuwait ready to become hub for Islamic finance — economist
There is currently a tremendous opportunity for Kuwait to profile itself as a hub for Islamic finance and Islamic banking,…
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Gulf Bank implements new state-of-the-art system
Gulf Bank announced the successful installation of its new Enterprise Risk Management System from SunGard. This state-of-the-art system was completed…
Islamic scholars listed as approving Goldman's Islamic Bonds actually not contacted yet
Goldman Sachs is facing fresh controversy, this time in the Islamic world, agencies report. In the prospectus for an Islamic…
Miners see gold price hitting $2,000 this year
The overwhelming majority (80pc) of gold mining executives think the price will keep climbing in 2012, with just 6pc anticipating…
Coutts 2012 top five potential positive and negative economic surprises
The euro-zone’s sovereign debt and banking crisis dominated financial markets throughout 2011. With no silver bullet in sight, 2012 is…
Standard Chartered co-hosts reception for key clients with British Embassy
Standard Chartered Bank and the British Embassy held a Reception on Wednesday, 11 January to mark the visit to Qatar…
ADIB Introduces Capital Protected Gold Notes and Mutual Fund Investment Combinations
As part of Abu Dhabi Islamic Bank's (ADIB) customer-centric strategy to present customized and targeted products and services, the bank…
HSBC research picks up more regional awards
HSBC has picked up further awards for its regional research business. Following a vote from over 500 regional clients, HSBC…
CBB reaffirmed commitment to implement Basel III
The Central Bank of Bahrain (CBB) understands and appreciates the importance of place Bahrain’s banking system on solid ground and…
Saudi investment firm to expand operations
SEDCO Holding, the leading Jeddah-based investment management company, has announced its plans to expand its investments in the Kingdom market.…
UAE most competitive banking market – study
Abu Dhabi Islamic Bank (ADIB) reports on Wednesday that the UAE remains the most competitive banking market in the GCC,…
Emirates NBD tops ‘Brand Simplicity Index’ as region’s No.1 Retail Banking Brand
Emirates NBD, a leading bank in the region, announced today that it ranked highest among banks in the Middle East…