Bahrain Islamic Bank, Al Salam eye $4.5 bln merger
Bahrain Islamic Bank and Al Salam Bank are in merger talks to form the Gulf Arab state's largest Islamic lender…
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Gold eyes $1,800/oz after 'astronomical' rally
Turmoil in world financial markets fired gold prices to record heights firmly near $1,800 a troy ounce Wednesday, yet several…
Dubai DIFC registrations up in H1, new chief
The number of registered companies operating in DIFC reached 813 by the end of June, including 312 regulated and…
DIFC office space glut to squeeze landlords
Rents and occupancy levels in buildings owned by third-party developers are likely to suffer most from the up to…
Norton Rose to lose quartet of Middle East partners to US firms
Norton Rose is set to see a four-partner walkout from its Middle East practice, with regional managing partner Campbell Steedman…
GCC banks post mixed 2nd quarter earnings
Banks in the oil-rich Gulf Cooperation Council countries have announced a mixed set of second quarter earnings, with profitability…
BBK forms new Joint Venture in Kuwait – BBK-Geojit Securities KSC
The new entity, BBK Geojit Securities KSC, will be headquartered in Kuwait City and will initially start operations with two…
BMI Bank appoints Bahraini Head of Compliance
Sumaya will be responsible to review, plan and direct the bank's compliance and regulatory requirements in line with its commitment…
Standard Chartered Private Bank trains client’s Second Generation with Financial and Management Literacy
This annual customised programme - comprising a ‘Summer Business School’ and a ‘Tools to Build Your Financial Future’ workshop…
The holy Month of Ramadan is a time for clever marketing in UAE banks and in the Islamic banks in general
During the Holy Month of Ramadan, Islamic banks traditionally re-focus on their Corporate Social Responsibility (CSR) programmes and get into…
Dubai SME and Hawmkameh tie up to develop a code on corporate governance for small and medium enterprises
The first-ever code with key principles and practices will be launched at a Conference for Corporate Governance for SMEs…
BankDhofar introduces Mobile Trading on MSM
April 2011 saw the bank go live with its new brokerage platform TradeNet. The new trading platform is directly…