Global Finance names QIB ‘safest Islamic Bank in Qatar’
For the second year in a row, New York-based Global Finance magazine has named QIB the “safest Islamic Bank in…
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PM Leads Delegation To UAE-Caribbean Cooperation Forum
Prime Minister Honourable Allen M. Chastanet will lead a delegation to the first United Arab Emirates (UAE) Caribbean Cooperation Forum…
Libyan wealth fund to hire auditors in push to unfreeze assets
Libya’s sovereign wealth fund will appoint auditors within weeks and conclude a wide-ranging examination of its assets by 2019 as…
Saudi Arabia Monetary Authority co-developing cryptocurrency with UAE central bank
The Saudi Arabia Monetary Authority is going to launch its own cryptocurrency in 2019, Mohsen Al Zahrani, Head of Innovation…
Revealed: Top 10 companies in Saudi Arabia in 2018
Saudi Arabia’s Tadawul, which had a good first half registering double digit gains consequently pared down its gains as the…
IBBL gets ‘Strongest Retail Bank 2018’ award
Islami Bank Bangladesh Limited has recently achieved the “Strongest Retail Bank in Bangladesh 2018’ award conferred by United Kingdom-based financial…
Shuaa acquires 4.8pc stake in Ajman Bank
Shuaa Capital, a leading financial services firm in the UAE, said that it now holds a 4.8 per cent stake…
Ex-Falcon Board Members Charged
Two former board members of private bank Falcon were charged with money-laundering and taking bribes. The charges are linked to…
Saudi oil output said to surge to record high in Nov
Saudi Arabian oil production surged to a record near 11 million barrels a day this month after the kingdom received…
KPMG Releases the Fintech 100, The World’s Leading Fintech Innovators for 2018
The 2018 Fintech100 is the fifth edition of the annual report, a collaboration between fintech investment firm H2 Ventures and…
Investcorp floats biz to buy stakes in mid-size alternative asset managers
Gulf-based investment management firm Investcorp has a launched a new business to invest in mid-size alternative asset managers as it…
UK bank Rosette launches Islamic capital markets unit
UK-based Rosette Merchant Bank an independent, privately-owned, sharia compliant financial services firm with close ties to Kuwait and the rest…