Saudi Arabia dominates Islamic banking market by 33 per cent
Saudi Arabia is still dominating global Islamic banking, accounting for 33 per cent of this market, says a report. …
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İstanbul’s historic traders content with meager profits despite inevitable extinction
Even though the high-yield transactions of the good ol' days are seemingly gone, money traders at İstanbul's historic Grand Bazaar…
Salameh sees stability in 2016 despite slowdown
As the year draws to a close, Banque du Liban Governor Riad Salameh says he does not foresee a “major…
Oman's total bank credit grows 10% to OMR18.3b
The incremental growth for the last one year was OMR1,731.8 million, which is more or less in line with the…
Global sukuk face 2016 challenge as CIMB sees US$40 billion sales
As global Islamic bonds languish in the bleakest year for sales since 2010, the next 12 months look just as…
UAE Banks Federation Reviews Strong Achievements for 2015
The Chairman of the UAE Banks Federation , HE AbdulAziz Al Ghurair, has hosted a meeting to review and appraise…
How Much Oil Is Needed To Power Santa’s Sleigh? by By Michael McDonald of Oilprice.com
Every year around the world, hundreds of millions of children wait anxiously for Santa Claus to arrive and bring presents…
Organisers of Annual Investment Meeting 2016 call for building investment bridges between Middle East and South America
The 'Foreign Direct Investment in Latin America and the Caribbean' 2015 report published by Economic Commission for Latin America and…
GCC has opportunities despite a slowdown in GDP growth
The GCC region along with the wider Middle East and Africa region continues to offer opportunities for balance sheet expansion,…
Asian banks seen taking pole position in post-sanctions Iran
Asian banks are expected to be among the first institutions to venture into Iran once sanctions are removed, with Western…
Forbes List 2015: Israel Best Country For Business In Middle East
Israel has topped the Forbes list as the best country for business in the Middle East, while the global list…
Deloitte: Growth potential for Islamic Sukuk financing in Europe
The gap between the spending needs of developing countries and the pressure on financial institutions to carefully monitor their credit…