UAE bank offers ‘highest’ savings interest rate
Tired of getting a paltry interest rate on your savings account? Savers in the UAE can now have the opportunity…
Regulation, Risk & Compliance
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Gulf Finance Corporation obtains SAMA license in Saudi Arabia
The new license issued by SAMA (the “Saudi Arabian Monetary Agency”) allows Gulf Finance Corporation to officially practice in three…
Passport to overseas success
As some areas of the Middle East lurch deeper into political tumult, wealth managers, law firms and financial brokers are…
ADCB property unit in ISO recertification success
Abu Dhabi Commercial Properties, a property services unit of Abu Dhabi Commercial Bank, said its ISO 9001 (quality standard) registration…
Government of Dubai Invites Ethica to Trade Delegation
The Government of Dubai has invited Ethica Institute of Islamic Finance to a high level trade delegation to Indonesia and…
Al-Marzouq: KFH net profit KD 126.5 mln for the year 2014
Kuwait Finance House Chairman, Hamad Abdulmohsen Al-Marzouq said that KFH , by the Grace of Allah and His Blessing, has…
Dubai Islamic Bank Partners with SAS to Combat Money Laundering
SAS, the leader in business analytics software and services, announced its collaboration with Dubai Islamic Bank to help prevent money…
Banking giant HSBC sheltered cash linked to dictators and arms dealers
Secret documents reveal that global banking giant HSBC profited from doing business with arms dealers who channeled mortar bombs to…
UAE Banks Federation adopts Customer Charter
The UAE Banks Federation has adopted a set of clear guidelines to provide bank customers in the UAE with the…
Bank Muscat, AIG highlight economic challenges, opportunities
Bank Muscat, in association with American International Group, hosted a conference titled ‘Global Thinkers Paving Strategies in Economic Uncertainties’ at…
New solvency standards among updated regulations for UAE traditional and Islamic insurers
Detailed new rules published by the regulator will apply to both traditional and Islamic 'takaful' insurers. They cover technical provisions,…
Bahrain plans Islamic finance sector watchdog
The Central Bank of Bahrain (CBB) is drafting legal documentation to set up a sharia board of scholars that would…