Islamic-Compliant Cryptocurrency Exchange Certified
Rain, had received a Shari’a compliance certification from Shariyah Review Bureau. SRB is licensed by the Central Bank of…
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Saudi Arabia spearheads GCC investments in 2019
The macroeconomic picture had improved significantly across the GCC over the last 12 months. Increased oil production and the more…
Dubai Called Out for Being “Money-Laundering” Capital of the World
Dubai has been in the news for being home to what is now the world's tallest building the Burj Khalifa-and…
Served in a Baccarat crystal glass – This is the most expensive drink in Dubai
A fleeting moment in Dubai can cost you AED 2,400 – that is around $656. That is not to say…
Debts of Qatar, Turkey paid in full: CBE
Deputy Governor of the Central Bank of Egypt Lobna Helal announced Sunday that deposits of Arab countries in the bank…
Artemis Resources appoints Dubai royalty to chairman position
Artemis Resources Ltd has appointed His Highness Sheikh Maktoum Hasher al Maktoum to the position of non-executive chairman. H.H…
How the extended cycle is impacting sovereign wealth fund spending
A major player in commercial real estate markets, Middle Eastern sovereign wealth funds are facing a challenging late-cycle investment environment…
BisB ‘fastest growing’ Islamic bank in Bahrain
Bahrain Islamic Bank bagged the award for the “Fastest Growing Islamic Bank in Bahrain” at the 13th Islamic Business &…
CBK working on ‘draft law’ to appoint independent Shari’a Supervisory Board
The Central Bank of Kuwait is currently working on a draft law which will allow it to appoint an independent…
HSBC Qatar appoints Omar Al Ansari as Head of RBWM
HSBC Qatar yesterday announced the appointment of Omar Al Ansari as Head of Retail Banking and Wealth Management in Qatar. …
Investcorp posts 5pc increase in net income
Investcorp has announced a net income of $58 million for the first six months of its fiscal year (H1 FY19)…
Abu Dhabi Islamic Bank net profit up 8.7pc to $680m
Abu Dhabi Islamic Bank (ADIB) has delivered a strong set of results for 2018 with net profit growing 8.7 per…