IIFM publishes Global Sukuk Report
In a special session held today at the Islamic Banking & Investment Asia/Middle East Congress in Singapore, the International Islamic…
Comment & Analysis
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Turkish banking system's outlook is negative due to slowing economy, rising funding costs
The Turkish banking sector's dependency on external wholesale markets could contribute to higher funding costs in light of a weaker…
Fifth World Gov't Summit to be held in Dubai in 2017
The fifth World Government Summit will be held from February 12-14, 2017 and will debate the economy and finance as…
Saudi king sets aside frustrations with Egypt for state visit
Despite years of mutual frustration and disappointment over diverging priorities, Saudi Arabia and Egypt remain fundamental to each other’s security,…
Middle East: Saudi banks dig deep for debt as liquidity runs dry
There is a growing worry in Saudi Arabia that low oil prices are here to stay. But it is not…
Dubai is now home to 42,000 millionaires
More than 2,000 millionaires migrated to Dubai in 2015, bringing the total in the city up to 42,000, a five…
Commercial Bank of Kuwait hoping to maintain profit level in tough times
Commercial Bank of Kuwait is counting on boosting non-interest income to maintain its profit this year, which will be affected…
GCC’s ultra wealthy eye Dubai for property investment
Dubai has emerged as the most attractive city in the Gulf Cooperation Council for the region’s wealthy property investors, a…
Revealed: Top 100 CEOs in GCC
Bassel Gamal , Group CEO of Qatar Islamic Bank has topped the Mediaquest’s list of the 100-best performing CEOs from…
Bahrain-based bank to enter Turkish market
New bank from the Gulf is joining the Turkish financial system. One of the most powerful Bahrain-based banks, the Bank…
Qatar central bank invites bids for 1.5 bln riyal T-bills
"The auction is for 1.5 billion but it depends on liquidity in the market. If there is a demand for…
Oman's Bank Nizwa celebrates milestone year
Bank Nizwa, Oman’s first dedicated Islamic bank, told its shareholders at its recent annual general meeting that 2015 was a…