Blockchain And Islamic Banking Are Working Together, And Everyone Stands To Benefit
More and more banks in the Islamic world — a community of nearly 2 billion people worldwide — are adopting…
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Qatar National Bank second-quarter net profit rises 5.7%
Qatar National Bank reported a 6.3 percent increase in second-quarter net profit on Wednesday, as a rise in net interest…
BisB signs deal to offer personalised concierge services
Bahrain Islamic Bank has entered into a partnership with personal assistance service provider Peacock Concierge for its Al Thuraya Privileged…
South Africa’s Ramaphosa On Investment Drive In Middle East
South Africa’s President Cyril Ramaphosa, who has concluded his working visit to Nigeria, will continue with his three-nation visit which…
Euromoney names the world’s best banks in its 2018 Awards for Excellence
Bank of America was named the world’s best bank in the 2018 Euromoney Awards for Excellence at a dinner held…
Portugal’s Novo Banco completes sale of controlling stake in Cabo Verde bank
Portuguese bank Novo Banco has completed the process of selling a 90% stake in Banco Internacional de Cabo Verde to…
Saudi, UAE executives face probe over Malaysia's 1MDB scandal
Two officials from an energy company in Saudi Arabia and two former officials from Abu Dhabi sovereign funds are among…
Institutional investors set their sights on Dubai property
Institutional interest has been steadily rising in Dubai real estate. These players typically include banks, real estate investment trusts (Reits),…
Erdogan Expands Clout Over Central Bank, as He Promised
Turkey’s President Recep Tayyip Erdogan moved to cement his control over the economy, claiming the exclusive power to appoint central…
Ex-Gonet Partner Departs for Rival
An ex-Partner of Gonet Private Bank in Geneva has turned up as the head of a Swiss private bank with…
Suspension lifted at Holborn Assets
Holborn Assets had its insurance intermediary licence suspended on 18 June after having violated rules introduced in 2013 concerning the…
Capital Intelligence affirms GIB ratings
Capital Intelligence Ratings (CI) has affirmed Gulf International Bank’s (GIB) long-term Foreign Currency Rating (FCR) at A+ and short-term FCR…