Borse Dubai ready to build on new wave of sukuk activity
Essa Kazim, the chairman of Borse Dubai, which owns the emirate's biggest financial markets, is looking forward to a wave…
Market Forecasts
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Global Wealth Managers Will Be 'Winners' in 2013 – Analyst
Wealth management is the most attractive and undervalued business for the banking universe in 2013, and global banks with wealth-management…
HKMA promotes Mideast yuan trade
Yuan deposits in Hong Kong reached about 700 billion yuan (HK$872.5 billion) as of December 31, 2012, up 5 percent…
IT Spending in Banking: A Global Perspective
Total bank IT spending across North America, Europe, and Asia-Pacific will grow to US$179.2 billion in 2013, an increase of…
Abu Dhabi Capital opens DIFC office
Abu Dhabi Capital Management, a GCC-focused alternative investment firm, opened its first office in the Dubai International Financial Centre, and…
Kuwait's NBK reports full-year profit up 1%
National Bank of Kuwait, the Gulf state's largest lender, said full year profit increased about 1 percent, even though the…
Oman's Bank Muscat Q4 net profit rises 15.1%
Bank Muscat, Oman's largest lender, posted a 15.1 percent increase in fourth-quarter net profit on Thursday, Reuters calculations show, in…
UAE bankers embrace Dubai's Islamic vision
Dubai's bid to build a global capital for Islamic industries has excited the financial industry, but bankers say succeeding where…
Ethica Institute of Islamic Finance Expands With Islamic Finance Certification in Nigeria
It started off with an ATM machine. Nigerians were finding out about Ethica's Islamic finance training and certification on bank…
BofA Merrill Lynch Fund Manager Survey Finds Investors Increasingly Bullish as Global Economy Regain
Global investors have entered 2013 in buoyant but not yet exuberant mood, according to the BofA Merrill Lynch Fund Manager…
Investors Increasingly Bullish as Global Economy Regains Growth Path – RESEARCH
Global investors have entered 2013 in buoyant but not yet exuberant mood, according to the BofA Merrill Lynch Fund Manager…
Middle East banking sector sitting pretty on $20 bilion merger market
Middle Eastern investment banking fees reached $536.1 million during 2012, a 19 percent increase over 2011, according to a report…