National Bank of Bahrain in talks to increase its stake in BIB
National Bank of Bahrain is in talks to buy Islamic Development Bank’s entire stake in the Sharia-compliant Bahrain Islamic Bank…
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Qatar to invest $15b in Turkey's financial markets and banks
Qatar pledged $15 billion of investment in Turkey that will be channeled into Turkish financial markets and banks, a government…
Other UAE banks attract attention as Emirates NBD extends falls
Emirates NBD shares fell on Wednesday, extending losses for the eighth session, as traders shifted to other banks like Dubai…
UAE’s top-four banks to maintain stable profitability into 2019, report says
The UAE’s top four banks have performed well in the second quarter of this year on the back of higher…
Bahrain Islamic Bank Provides Financing for Potential Residents of the Janayin Al Hamala Project
Bahrain Islamic Bank (BisB) has recently signed an agreement with Kingdom Properties Real Estate S.P.C. to provide property financing for…
Increasing Islamic banking’s global linkage
Are you working to expand Maybank Islamic into Dubai? It’s something that we’re considering. I think for us it…
Abu Dhabi's Mubadala sells 3% stake in RHB Bank
Abu Dhabi sovereign wealth fund Mubadala Investment Co has sold off an estimated 3% of its stake in RHB Bank…
Arabian Gulf 2018 sovereign bond sales may reach $53bn topping 2017 issuances
Arabian Gulf state bond issuances in 2018 are likely to surpass the $49.5 billion (Dh181.67bn) raised through the sovereign deals…
Trade Bank of Iraq puts Turkey bank acquisition plans on hold
Trade Bank of Iraq (TBI) has put on hold plans to buy a commercial bank in Turkey because of the…
Khalifa issues amendments to UAE Cybercrimes Law
President His Highness Shaikh Khalifa Bin Zayed Al Nahyan issued Emiri Decree No. 02 of 2018 amending the UAE Cybercrimes…
Dubai eyes Dh110B India trade
Dubai aims to increase non-oil trade with India to Dh110 billion from the existing Dh99 billion over the next couple…
How Lombard Odier got into the Islamic investment space
Lombard Odier has launched of a full suite of Shari’ah-compliant investment solutions, the first in its 222-year history. The exclusive…