Mideast bank joins BFX platform
The Bahrain Financial Exchange (BFX) said Elaf Bank had become a registered user of its Islamic finance division — Bait…
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UAE banks face fresh headwinds – Fitch
Banks in the United Arab Emirates face new headwinds due to a weakening global economy and Abu Dhabi's move to…
Saudi lender introduces ‘new generation’ of Islamic banking services
In a recent forum, the bank's Shari’ah advisory board members and customers discuss with Saudi Hollandi executives ideas on how…
EIBFS to roll out SunGard ERP
The Emirates Institute for Banking and Financial Studies (EIBFS), which provides professional education for the finance sector, is set to…
Advent Software appoints new head of professional services for the MENA
Advent Software today announced the appointment of Hazem Elmalla as the new head of professional services in the Middle East…
Advent Adds BITA Risk to Alliance Partner Program in EMEA
Advent Software has announced that BITA Risk, the global provider of private client suitability assessment, risk profiling and profile monitoring…
Kuwait bourse halts global investment trading
The Kuwait bourse halted trading in Global Investment House's shares on Monday, saying its accumulated losses to the end of…
Expat wealth robust in face of global recession
Even in countries where economical problems have been compounded by political unrest and natural disaster, such as Bahrain, Egypt and…
CBN role in Islamic Liquidity Management Corporation under scrutiny
The contribution of a membership fee of N875 million to the International Islamic Liquidity Management Corporation (IILM) by the Central…
'Saudi banks can weather euro zone debt crisis shocks'
Saudi banks are well positioned to withstand any shocks from the euro zone debt crisis. In fact, the overall Saudi…
NBAD shares private banking expertise
ftcom.5887.world/world-index ftcom.5887.companies/companies-index The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, will share its expertise…
Business growth and banking activity slows in the UAE
Bank lending decreased in October for the second month running and deposits continued to fall as funds were withdrawn from…