Special working hours at 14 QIB branches
The Qatar Islamic Bank has announced special evening and weekend hours at 14 of its branches during the holy month…
Regulation, Risk & Compliance
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CBQ’s $750m dollar bond priced lower as demand outstrips supply
Commercial Bank of Qatar the country’s third-largest bank by assets, has priced its five-year US denominated bond of $750 million…
Al Salam Bank backs top Islamic banking conference
The World Islamic Banking Conference, the most definitive platform for Islamic banking and finance worldwide, has announced Bahrain-based Al Salam…
Sohar Islamic, Gulf Muscat united sign pact
Sohar Islamic, Bank Sohar’s Islamic banking window, recently signed a memorandum of understanding with Gulf Muscat United to provide preferential…
Saudi Arabia Said to Tell Lenders to Stop Lowballing Bank Rates
Saudi Arabia is cracking down on banks that are lowballing interest rate submissions, people with knowledge of the matter said.…
Thomas Piketty: The Middle East is the most unequal region; global progressive tax is necessary
It wouldn't be an exaggeration to describe the French economist Thomas Piketty as a "rock star economist." One need…
Qatar Financial Centre sees new law on foreign investment by year end
A law governing the Qatar Financial Centre, aimed at simplifying procedures for foreign investors, will hopefully be introduced by year…
New Gulf body to tighten economic bonds
Gulf Arab states grappling with lower oil revenues on Tuesday formed a new agency to tighten economic cooperation in the…
HMRC loses £50 million Chelsea Barracks tax appeal
HM Revenue & Customs lost its bid before the British Court of Appeal to recover up to £50 million in…
DFM launches new direct deals service
Dubai Financial Market (DFM) has launched the “Direct Deals Service”, enabling investors and brokerage firms to accomplish bulky deals on…
Qatar Investment Authority taking steps to restructure assets
In an attempt to manage a significant amount of capital, the Qatar Investment Authority (QIA) is apparently shuffling up to…
CBE receives banks’ proposals to amend Banking Law
The legal department of the Central Bank of Egypt is now receiving banks’ proposals to amend Banking Law No. 88…