IFSB coducts public hearing on exposure drafts
The Islamic Financial Services Board (IFSB) yesterday conducted a public hearing on two exposure drafts, related to Islamic banking regulations…
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NBK: Kuwait growth accelerating, driven by pick up in project execution
“After a long delay, the government’s development plan, including ambitious capital spending targets, has begun to boost activity significantly, though…
Henk Hoogendoorn appointed as Country Head of Mashreq Qatar
Mashreq Qatar, one of the leading financial institutions in the Middle East & North Africa, has appointed Mr. Henk Jan…
Doha Bank CEO honoured with ‘ABLF Business Economist Award’
Doha Bank Group CEO Dr R Seetharaman has received the Asia Business Leadership Forum “Business Economist Award” during the ABLF…
Bank Muscat honored by Hawkamah for benchmark corporate governance
Hawkamah is a regional initiative aimed at recognising and encouraging superior governance practices in the banking sector in the Middle…
JPMorgan leaps to 2nd Islamic bond spot as HSBC keeps lead
JPMorgan Chase & Co didn’t do enough deals the past two years to rank among the top Islamic-bond underwriters in…
Hong Kong wants to be a platform for trade with China and Far East
Hong Kong, an externally oriented economy with a robust financial services sector is keen to work closely with the businesses…
Nomura appoints new EMEA Chief Executive
Nomura has announced that Jonathan Lewis has been appointed Chief Executive Officer for Europe, Middle East and Africa, subject to…
GCC business houses need to integrate new accounting standards at an early stage: EY
The business houses, particularly the banking sector, in the Gulf Co-operation Council (GCC) need to integrate new accounting standards at…
UAE's First Gulf Bank looks to Asia for expansion
First Gulf Bank is looking at options to expand in Asia, a senior executive said on Thursday, as it seeks…
Leumi May Reach Agreement With U.S. Over Tax Evasion by January
Bank Leumi Le-Israel Ltd. (LUMI) expects to reach an accord with the U.S. government by next month over accusations Israel’s…
RBS Deserts Dubai Over £6.7bn Refinancing Plan
The state-backed Royal Bank of Scotland is resisting plans for a restructuring of one of Dubai's largest conglomerates, underlining the…