CIS is the next frontier for Islamic banking expansion: Moody’s
Islamic banking will grow substantially in Commonwealth of Independent States countries in the next five years from a very low…
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DIFC – the End to End of Service Gratuity
Hot on the heels of recent updates to the Dubai International Financial Centre (DIFC) employment law, DIFC Employment Law No.…
Cybersecurity: Staying one step ahead
As a technology solutions provider, what do you see as the biggest challenges facing banks today? Financial institutions are…
Geneva Wealth Manager Poaches Berenberg Private Banker
Wealth manager Sumus Capital has hired a senior private banker at the Geneva offices. The new hire has broad experience…
Bahrain's Ithmaar says planning to delist from Boursa Kuwait
Ithmaar Holding, a Bahrain-based company that is licenced and regulated as an investment firm by the Central Bank of Bahrain,…
Woodbrook signals further expansion with key new appointment
Woodbrook Group has signaled exciting expansion plans with the announcement of a significant new appointment. Nigel Gregory, a financial…
Bahrain Islamic Bank six-month profit down 5.56 pct
Bahrain’s oldest Islamic bank posted a drop of 5.56 per cent in profit for the first half of the year…
Damac posts Dh1.9b in H1 revenue
Damac Properties on Wednesday reported total revenues of Dh.9 billion, with booked sales reaching Dh1.8 billion in the first half…
BBK to launch e-remittance on MaxWallet
BBK plans to launch an electronic remittance service through MaxWallet in collaboration with CrediMax and Mastercard International. The bank…
CBB issues rules for insurance aggregators
Rules on insurance aggregators have been finalised in Bahrain paving the way for ‘insurtech’ businesses. The Central Bank of…
Most major Gulf markets open higher after Eid break
Most major Gulf markets traded in positive territory on Wednesday after the Eid holiday, taking their cue from global equity…
CBK honors MoF regulations in bid to combat tax evasion.
The Central Bank of Kuwait had set a deadline of Thursday for local banks to send information about Kuwaitis and…