Senior Middle East Management Changes At Pictet
Pictet & Cie has announced the appointment of a new management team for the bank's representative office in Dubai. …
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Middle East bonanza for China's top lender
Profit doubled at the Middle Eastern division of China's biggest bank last year as its business expanded on the back…
85pc of Omani consumers want Islamic finance products
There is strong appetite among Omani consumers for Islamic finance with many keen to take it up as soon as…
Al Futtaim HC Securities to Shut U.A.E. Brokerage Operations
Al Futtaim HC Securities LLC, a brokerage based in Dubai, decided to shut operations in the United Arab Emirates after…
ICSFS Successfully Showcases its ICS BANKS® ISLAMIC Solutions at Oman Islamic Economic Forum
ICSFS, a leading global provider of banking and financial services technology solutions, announced its successful participation in the two-day event,…
Akbank of Turkey Appoints Binbasgil as CEO, Replacing Akkurt
Akbank TAS, the Turkish bank part- owned by Citigroup Inc., appointed Sabri Hakan Binbasgil chief executive officer, replacing Ziya Akkurt.…
Top Islamic lender said to hire banks for possible bond sale
Emirates Islamic Bank, a unit of Emirates NBD PJSC, hired six banks to manage the possible sale of a benchmark…
Al Ramz Securities obtains license from Securities & Commodities Authority to provide services outside UAE
Al Ramz Securities, one of UAE's leading brokerage houses, has obtained a license from the Securities and Commodities Authority (SCA)…
StanChart sees 25-30% growth in pvt banking in 2012
Standard Chartered India is eyeing 25-30 per cent growth in its private banking business in 2012. This is part of…
ITS have received the highest rank of Implementing Islamic systems by IBS intelligence
ITS group, the global leader in ethical banking solutions for Islamic banks and Islamic financial organizations, have gained the highest…
Bank technology trends that will shape the industry in 2012
For the past several years, bank IT budgets generally remained flat. The financial crisis and ensuing fallout forced belt-tightening across…
Bahrain-based bank named best sukuk arranger
Bahrain-based Gulf International Bank (GIB) was recently named the “Best Sukuk Arranger” for the year 2011 by Dubai’s Islamic Business…