Gulf Finance House statement on proposed capital reduction
The Bahrain-based Islamic investment bank said that the accumulated losses to be eliminated will not impact the net shareholders’ equity…
Investment Banking
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Alkhabeer Capital's net profit increases by 32% in 2014
Alkhabeer Capital has announced its financial results for the fiscal year ended December 31, 2014. Net income for 2014…
'Remuneration requirements for banks – a global comparative analysis' – Norton Rose Fulbright
Global legal practice Norton Rose Fulbright has today published its global comparative analysis on remuneration requirements for banks, covering 14 jurisdictions.…
Khalaf Ahmad Al Habtoor Discusses Egypt Investments with the National Bank of Egypt
The Chairman of the Al Habtoor Group, Khalaf Ahmad Al Habtoor welcomed Tarek M. El-Ghazaly to his office on Al…
Standard Chartered Bank, MasterCard, Landmark Group to introduce Shukran credit cards
Standard Chartered Bank, MasterCard and Landmark Group have announced their partnership to introduce two new credit cards to the UAE…
Emirates hires banks to arrange UK-guaranteed sukuk
Emirates, the Dubai-based airline, has hired eight banks to arrange an Islamic bond that will be guaranteed by Britain's export…
QIB signs Memorandum of Understanding agreement with South Korea's WOORI Bank
Qatar Islamic Bank has signed a memorandum of understanding with Woori Bank, the most well-known bank of South Korea that…
QInvest wins IFN "Deal of the Year" Award for the Grand Duchy of Luxembourg Sukuk issuance
QInvest , Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world, is pleased…
NBAD approves distribution of 40% cash dividends and 10% bonus shares
The National Bank of Abu Dhabi's shareholders approved distribution of a cash dividend of 40% and a stock dividend of…
NBO awards contract to build new head office
National Bank of Oman has awarded a contract to construct its new state-of-the-art head office to Al Turki Enterprises, a…
BAB welcomes new CEO
The Bahrain Association of Banks (BAB) has changed its executive leadership. The Board has announced that BAB’s Chief…
Doha Bank in Partnership with Amwal LLC and The Group Securities Files Qatar Exchange Index ETF
Doha Bank , the leading private commercial bank in Qatar, has announced plans to launch an Exchange Traded Fund (ETF)…