UAE 'has what it takes' to be Islamic finance hub
The UAE has what it takes to become a hub for Islamic finance, according to Sheikh Mohammed bin Rashid Al…
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Middle East named among key growth markets for Swiss private banking group
Julius Baer, the Swiss private banking group, announced its full year results, and cited the Middle East region among its…
Dubai's biggest bank Emirates NBD introduces yuan accounts
The accounts will help smaller China-affiliated firms trade with the United Arab Emirates and cut their currency risks, the bank…
UK Private bank prepares for bear market in bonds
Coutts, the private banking arm of Royal Bank of Scotland, is telling clients to switch part of their allocations to…
Qatar Islamic Bank signs QR800m financing deal with NBK Holding
Qatar Islamic Bank, one of the leading Islamic banks in Qatar, has announced the signing of an QR800m financing deal…
Waha Capital reports Dhs214.44m net profit for full-year 2012
Waha Capital PJSC, the diversified investment company based in Abu Dhabi, has reported preliminary financial results for the full year…
Arab Bank Group reports 15% growth in net profits and distributes 30% dividends
Arab Bank Group announced that its net profit after tax and provisions for the year ended 2012 grew by 15%…
Middle Eastern investors snap up properties in North West London
Glentree Estates New Homes, stated that 'Carmel Gate', a prestigious new development in North West London has been attracting a…
2 Charts That Will Make Gold Bulls Furious
The anti-gold bandwagon is getting more and more crowded. Analysts Tom Kendall and Ric Deverell of Credit Suisse is out…
Abu Dhabi Commercial Bank Q4 profit jumps 32 pct, beats estimates
Abu Dhabi Commercial Bank reported a 32-percent jump in quarterly net profit on Wednesday, beating analysts' expectations, as the bank…
Kuwait wealth fund eyes infrastructure projects in Europe and U.S.
Kuwait is aiming to invest in infrastructure projects especially in Europe and the United States, head of the country’s sovereign…
East outperforming West in Islamic finance
While lenders in the United States and Europe have downsized their exposure in banking in compliance with Islamic law, Islamic…