Foursan Group Announces Investment in Jordan Dubai Islamic Bank
Foursan Group has made an investment in Jordan Dubai Islamic Bank, becoming the bank's second largest shareholder. Foursan' s investment…
Islamic Finance
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First Gulf Bank's sukuk recognized in Asset Triple A Islamic Finance Awards
First Gulf Bank was awarded the 2012 'Best Islamic Deal in the United Arab Emirates' award for its $650m sukuk…
Gatehouse Bank posts profit of $3.2 million
Gatehouse Bank has announced a strong set of interim results for the six months ending 30 June 2012. Total profits…
Demand grows for Islamic op risk managers
The growth of Islamic finance throughout the Middle East - and further beyond - has shifted attention to the levels…
SWFs Say Goodbye West, Hello East
Despite the mire of the recession, global sovereign wealth funds (SWFs) continued to line their commodity-filled boots. Soaring GDP in…
Fajr Capital acquires stake in MENA Infrastructure Fund
Fajr Capital Limited has announced its acquisition of Dubai International Capital's stake in the MENA Infrastructure Fund. Fajr Capital will…
The Staying Power of Arab Monarchies
The monarchies have remained intact through the Arab Spring and will continue to do so despite demands for change because…
Qatar sovereign wealth funds’ key players
Sheikh Hamad bin Jassim bin Jabr al-Thani is a man of many titles. HBJ, as he is widely known, is…
Sharjah Islamic Bank honors winners of Seven Star award
Sharjah Islamic Bank honors winners of Seven Star award The award, the first of its kind in the UAE banking…
Banking Studies Institute issues its report on GCC banks
Kuwait's Banking Studies Institute issued its 24th report on Gulf Cooperation Council (GCC) banks with comprehensive data on performance, growth…
Strong demand for Islamic banking products projected
Demand for Islamic banking and insurance products is expected to be fairly robust when Islamic banks, Islamic windows and Takaful…
Emirates NBD wins Asia's Best Brand award for second year in succession
Emirates NBD has announced that it had won the award for 'Asia's Best Brand,' for the second year in succession,…