Fifteen Kuwaiti firms among top 100 in Gulf
Fifteen Kuwaiti companies are among the top 100 companies in the Gulf Region for 2018 based on the market value…
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Bahrain central bank considers new guidance for Islamic banks
Bahrain’s central bank is considering guidance covering Islamic windows, investment accounts and whether to develop a benchmark rate for use…
Case against Deloitte unit moves closer to trial
The case against Deloitte & Touche Middle East for its alleged role in the collapse of a Lebanese bank with…
Noor Bank raises record-breaking subscriptions for Arqaam Capital's Fixed Maturity Fund
Noor Bank has announced that its four-year Fixed Maturity Plan managed by Arqaam Capital, has raised over US$125 million subscriptions…
QIB introduces instant finance via mobile app
Qatar Islamic Bank has officially announced the launch of ‘Instant Financing’ – the fastest and simplest way to obtain personal…
Egypt's state banks helping to support currency – bankers, economists
Egypt’s central bank has enlisted the help of state-owned commercial banks to keep the Egyptian pound from weakening against the…
Conventional bank assets reach AED 2.26tr in UAE
The assets of UAE conventional banks stood at AED 2.268 trillion at the end of October 2018, accounting for 80…
UAE reaches agreement for facilitating domestic funds licensing
SCA, the DFSA and the ADGM’s FSRA reach agreement on the licensing and promotion of investment fundsThe Securities and Commodities…
UAE among top 40 in Global Prosperity Index
The UAE was the only Arab country to rank among the top 40 most prosperous countries in the world in…
Remittances: Filipino expats in UAE save, send home Dh5.5 billion in 9 months
Filipino expatriates in the UAE have managed to save and send home nearly $2 billion in cash so far this…
Emaar Properties tumble to 33-month low as margins feared
The selling intensity on the Dubai bourse is increasing by the day. Emaar Properties hit its lowest level in…
Global Islamic financing requires competent leadership
The leadership of Islamic financial institutions has to show exceptional professional competence and integrity to convince their stakeholders that they…