Islamic banking: Panacea for global financial crisis II
Let me pause here and issue a disclaimer: This is not a call for Shenanigans (financial) experts to showcase ingenuity…
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Freshfields appoints regional managing partner for MENA
International law firm Freshfields Bruckhaus Deringer LLP has appointed Pervez Akhtar as MENA regional managing partner. He succeeds Bertrand Pellet,…
Wong and Partners acts as legal counsel to Aabar Investments PJ
Wong and Partners, the Malaysian member firm of Baker and McKenzie International, acted as legal counsel to Aabar Investments PJS,…
Experts to probe Islamic corporate finance issues
Senior Islamic bankers and corporate borrowers will gather in Abu Dhabi on Monday for a two-day International Summit on Islamic…
Egypt considering IMF deal rejected in June
Egypt is considering International Monetary Fund financing it previously turned down and is still in talks with Gulf Arab states…
Top Qatari bank's quarterly net surges on interest income
Qatar National Bank SAQ, the Persian Gulf country’s biggest bank by assets, posted a 31 percent gain in third-quarter profit…
Investors see upside of Gulf’s low liquidity
The Dubai Financial Market, Dubai’s main stock exchange, turned over only $8m on Sunday, its lowest level since August 2004,…
Assets of rich Saudi families decline by 12%
There has been a fall of 12 per cent in the wealth of 14 Saudi rich families during the first…
'India in talks with GCC countries to sign free trade pact'
India is in talks with members of the Gulf Cooperation Council (GCC) to conclude a free trade agreement and a…
C.Agricole's Mideast M&A staff moving to UBS -sources
Five former investment bankers at France's Credit Agricole , which is closing its Middle East and North Africa mergers and…
Little GCC exposure to global crisis
The global financial distress in 2008 had a relatively little impact on Gulf hydrocarbon exporters as their economies have become…
Sukuk resilient in middle of financial crisis
Sukuk market proved resilient in the face of the crisis, with funds raised through sukuk issues grew from $2.8 billion…