U.S., Israel Expected to Announce Talks on New Bilateral Tax Deal
U.S. Treasury Secretary Steven Mnuchin and Finance Minister Moshe Kahlon are expected to announce on Monday that they will be…
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Banque Saudi Fransi augments Sharia compliance with SRB
Banque Saudi Fransi (BSF), a leading bank in Saudi Arabia said that it has assigned Shariyah Review Bureau to help…
ADCB reports third quarter earnings increase
Abu Dhabi Commercial Bank announced on Sunday a 5.5 percent increase in third quarter net profit for the year 2018,…
Islamic finance debate highlights need for standardisation
The Qatar Financial Centre, one of the world’s leading and fastest growing onshore business and financial centres, partnered with Reuters…
Banking system in Qatar 'capable of facing risks'
HE the Governor of Qatar Central Bank, Sheikh Abdullah bin Saoud al-Thani, affirmed that the banking system in Qatar can…
Saudi Arabia sets up special economic zone to attract investors after Khashoggi backlash
Saudi Arabia is establishing a special economic zone at Riyadh’s King Khalid International airport in a bid to attract multinational…
AAIB opens six new branches in Greater Cairo, governorates, aims to increase number to 100
The Arab African International Bank has opened six new branches since the start of this year within the framework of…
Bahrain Fintech Bay launches Islamic finance centre
Bahrain FinTech Bay (BFB) has launched the Global Islamic & Sustainable FinTech Center (GISFC) with local, regional and international members…
Aberdeen Standard Investments strengthens Middle East office by hiring Edris Alrafi
Aberdeen Standard Investments has announced the appointment of Edris Alrafi as Head of the Middle East and Africa With…
New employee insurance scheme takes effect in UAE
Insurance policies will cost AED 60 annually per employee, and will be set up "electronically and instantaneously" when a new…
SIB’s 9-month net profits rise by 10.5 per cent
Sharjah Islamic Bank has posted Dh397.7 million net profits for the first nine months of 2018, up 10.5 per cent…
INTERVIEW: SABB Managing Director David Dew steering through historic transaction in Saudi banking
David Dew has been working in banking in the Middle East and other emerging markets for 40 years, and you…