Islamic banking assets surge to $924bn in 2015
The assets of Islamic banking reached $924 billion in 2015, with growth rates declining across all regions compared to previous…
Market Forecasts
2487 articles found
Gulf Capital may sell some investments in 2017
Private equity firm Gulf Capital plans to sell some of its investments towards the end of 2017 and early 2018…
Bahrain's prime minister vows to expand finance sector
Bahrain’s government is committed to introducing economic measures to help finance and banking firms expand their operations in the kingdom,…
London’s Lord Mayor looks to enhance financial, professional services ties with Qatar
The Lord Mayor of the City of London, Andrew Parmley, during his ongoing Doha visit will help improve financial and…
Saudi's Alawwal Bank comfortable with capital position
Saudi's Alawwal Bank, formerly known as Saudi Hollandi Bank until a rebranding this week, has no plans to increase capital…
CBB Sukuk Al-Salam issue 187 oversubscribed by 128%
The Central Bank of Bahrain today announced that the monthly issue of the Sukuk Al-Salam Islamic securities, Sukuk Al-Salam, has…
Citi expects strong growth in Middle East investment banking business in 2017
Capital markets activity, particularly debt issuance and mergers and acquisitions are expected to pick up pace in the Gulf Cooperation…
Ithmaar Bank's retail banking subsidiary in Pakistan, Faysal Bank Limited, shows improved profitability and expands branch network
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced today that its retail banking subsidiary in Pakistan, Faysal Bank Limited, is…
Are The Saudis About To Reveal The Best Kept Secret In Oil? by Nick Cunningham of Oilprice.com
One of the oil world's longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil…
Bahrain, Turkey aim to boost trade volume to $1 billion
Turkey's Custom and Trade Minister, Bulent Tufenkci has hailed the wise directives of His Majesty King Hamad bin Isa Al…
Lebanon central bank satisfied with FX reserves after operations to boost them
Lebanon's central bank chief said he was satisfied with the country's foreign currency reserves, which have been boosted to record…
Iran, China set to boost banking coop.
CBI governor, while pointing to age-old ties between Iran and China, called for deeper banking relations as a prerequisite to…