Sukuk Commentary : Jason Kabel, Director of Fixed Income, Bank of London and the Middle East
Over the past month we have seen a couple of new Sukuk issuances. Firstly the Investment Corporation of Dubai's (ICD)…
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Brazil Targeting Mideast Riches With First Islamic Fund
Banco do Brasil SA, Latin America’s biggest bank by assets, is courting investors in the Middle East and Asia as…
ICD signs a MoU with The Saudi Egyptian Business Council
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, and…
Banks run risk of missing digital wave in UAE!
We live in a world that is fast changing, especially with individual behaviour impacted significantly by the three vectors of…
UAE Minister of Economy talks investment with Russia
The Minister of Economy will head a delegation of senior government and business officials to Russia later this week as…
UAE's budget surplus falls 6% to $64.7bn
The UAE's current account surplus fell 6.2 percent to AED237.6 billion ($64.7 billion) in 2013 because of outflows in the…
Barclays Bank reaping Asia-Middle East synergies
Barclays Bank has discovered a strong appetite from Middle East clients for the type of wealth accumulation products popular in…
Funds to cut UAE, Qatar exposure after MSCI upgrade -survey
A substantial number of Middle East funds intend to cut their exposure to stocks in the United Arab Emirates and Qatar,…
Dubai Chamber identifies opportunities in Iraq’s Islamic finance sector
Dubai Chamber of Commerce and Industry urged Iraqi banks and financial companies to expand their networks within the Islamic economy…
Saudi Banks Beating JPMorgan Urged to Boost Capital: Arab Credit
Saudi Arabia is urging lenders to boost capital reserves, which are already above those of global peers including JPMorgan Chase…
Oman moves to lock wealth in-country
Omani companies, and especially those at the small or medium-sized end of the business spectrum, may be in line to…
Saxo Bank sees growth in Middle East and Africa – CEO
Saxo Bank expects the Middle East and Africa (MEA) to contribute around 15 percent of its total revenue within five…