Bankers defend their finance mechanism
Islamic banks vehemently maintain that there indeed is a vast difference between their operations and those of their conventional counterparts…
Regulation, Risk & Compliance
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New year, new hope, old problems – Coutts & Co
As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the…
Dubai plan to cut state spending urges bond upturn
Dubai government bond yields tumbled the most in four weeks after the Gulf emirate pledged to halve its 2012 budget…
Dubai property executives have found their bogeyman
Dubai property executives have found their bogeyman. Forget wildly misguided building strategies, poorly designed projects and an inflated sense of…
Fitch affirms Bahrain's BMB Investment Bank at 'B-'
Fitch Ratings has affirmed BMB Investment Bank's (BMB) Long-term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook, while…
When to Go Above The Boss's Head
In May of 2008, four members of Lehman Brothers' senior-level management received a letter from a 14-year company veteran, Matthew…
Islamic banking calls for technology change
As the sultanate gears up to roll out Islamic banking early next year, Omani banks are preparing to adopt necessary…
World economy in dangerous situation: IMF chief
The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with…
World economy in dangerous situation: IMF chief
The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with…
Rating boost for Al Baraka Group
Al Baraka Banking Group (ABG) yesterday announced that Standard & Poors (S&P) reaffirmed ABG's investment grade long-term counterparty credit rating…
HRH the Premier: government committed to ensuring Bahrain's leading financial position
His Royal Highness Prince Khalifa bin Salman Al Khalifa the Prime Minister emphasized that the government's commitment to ensuring the…
BankMuscat Funds retain AA rating by S&P’s
BankMuscat Muscat Fund and BankMuscat Oryx Fund, the leading investment funds to tap high performance companies in Oman and the…