Regulation, Risk & Compliance

Hedge Funds & Alternative Investments

KFH: USD 350 Mln Syndicated Club Murabaha Facility for KFH-Turkey with Participation of 12 Global and Regional Banks

December 29, 2014

Kuwait Finance House  has announced the successful conclusion of USD 350 Mln syndicated club murabaha facility for KFH -Turkey.  …

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FinTech

Interview: Julius Baer CEO On Bank’s Mid-East Growth Plans

December 28, 2014

It’s around 10 am on an expectedly sunny Dubai morning as I’m escorted through to a dining table in the…

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Hedge Funds & Alternative Investments

Turkey’s regulator puts Adabank up for auction again

December 26, 2014

Turkey’s Savings Deposit Insurance Fund will auction off Adabank on Feb. 4, 2015 after previous auctions did not yield results,…

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Financial Results

Oman’s Bank Dhofar to raise capital as much as $300m

December 25, 2014

Oman’s Bank Dhofar, the third-largest lender in the sultanate by assets, plans to boost its capital by issuing up to…

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Regulation, Risk & Compliance

Kazakhstan's Majilis ratifies double tax treaty between Kazakhstan and Qatar

December 25, 2014

Majilis, a lower chamber of Kazakhstan's Parliament has ratified the Agreement to Avoid Double Taxation between Kazakhstan and Qatar, Tengrinews…

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Hedge Funds & Alternative Investments

Turkey's VakifBank eyes $300m loan for new Islamic bank

December 24, 2014

Turkey’s VakifBank’s board of directors has authorized a major loan procurement to set up an Islamic banking operation.   On…

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Hedge Funds & Alternative Investments

Tehran, Abu Dhabi to expand banking cooperation

December 22, 2014

 Iran’s Melli (National) Bank CEO and the Head of Central Bank of the UAE met and discussed banking cooperation today.…

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Islamic Finance

Al Baraka Bank complies with Basel III requirement

December 19, 2014

The General Council for Islamic Banks and Financial Institutions, the global umbrella organisation for Islamic financial institutions,   Held a…

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Comment & Analysis

VP: financial sector spurs progress

December 18, 2014

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE’s Vice President and Prime Minister and Ruler of Dubai, has emphasised…

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Islamic Finance

Islamic banking thriving in Oman

December 18, 2014

Islamic banking in Oman is expected to grow at double-digit rates as sharia-compliant banking products increasingly gain acceptance and the…

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Comment & Analysis

Islamic banking in Oman likely to grow at double-digit rate

December 18, 2014

Muscat - Islamic banking in Oman is expected to grow at double-digit rates as Sharia-compliant banking products increasingly gain acceptance…

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FinTech

Qatar Investment Authority picks up $150 Million stake in Flipkart

December 18, 2014

A new report in Times of India has now claimed that Qatar-based QIA has picked up a huge $150 Million…

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