Qatar- Ooredoo provides state-of-the-art 'Cloud Security Solution' for Al Khaliji
Ooredoo and Al Khalij Commercial Bank have signed a new agreement that will see the former providing an integrated Cloud…
Regulation, Risk & Compliance
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Bank Alkhair names Ayman Sejiny as group CEO
Bahrain-based Bank Alkhair, an Islamic wholesale bank, has appointed Ayman Sejiny as group chief executive officer. He will be responsible…
M&A trends in the Middle East
Deal-making in the Middle East is on the rise. Consumer confidence is improving, credit is more readily available, and capital…
The agreement with IDB on establishment of Islamic Banking legislation considered by the government of Azerbaijan
Baku, Fineko/abc.az. The agreement on the grant to be provided by the Islamic Development Bank (IDB) for establishment of legislation…
Mayur Hedge Fund returns 61% in 2014, outperforming the benchmark by 30%
Global Investment House (Global) announced today that the Mayur Hedge Fund, a long short absolute return growth oriented fund with…
Central bank highlights areas to issue new rules for insurance and takaful
Abdul Rahman Al Baker, executive director for financial institutions supervision at the Central Bank of Bahrain, has said that the…
CIBAFI submits feedback on liquidity rule to IFSB
The General Council for Islamic Banks and Financial Institutions (CIBAFI) has submitted feedback to the Islamic Financial Services Board (IFSB)…
Another feather in the cap of Union National Bank
Union National Bank along with its three subsidiaries (Union Brokerage Company, Al Wifaq Finance Company and Injaz Marketing Management Company)…
Abu Dhabi's banks eye new pastures
The banking sector performed strongly in 2014, led by Abu Dhabi's raft of big-ticket projects, which have proved to be…
al khaliji launches a media campaign to support SMEs through Al Dhameen program
Al Khalij Commercial Bank (al khaliji) Q.S.C., next generation bank, launched a media campaign for Al Dhameen Guarantee Program to…
Israel’s Bank Leumi Under Investigation After $400 Million Settlement with USA
Israel’s Attorney-General Yehuda Weinstein has formed a task force to look into the Bank Leumi affair. Bank Leumi, Israel’s second…
IIRA reaffirms ratings of Bahrain Islamic Bank
“IIRA has also reassessed BIsB’s fiduciary score at ‘65-70’. The fiduciary score captures the role of the management of the…