Barclays Bank charged over Qatar loans
The Serious Fraud Office has charged Barclays Bank PLC with "unlawful financial assistance" related to billions of pounds raised from…
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Islamic banking in Egypt increases 16 % in 2017: official
The market share of Islamic finances in Egypt climbed 16 percent by the end of 2017 recording 240 million Egyptian…
Kuwait hires TICG to advise on bourse listing – regulator
Kuwait has hired Tri International Consulting Group to advise on the initial public offer of shares in the operator of…
Mideast needs to invent new economic model: IMF chief
The International Monetary Fund said oil prices are expected to weaken gradually over the next three to four years and…
End reliance on public jobs, IMF tells Middle East countries
Middle East countries must equip their youth with skills for the private-sector workplace to help curb dependence on government employment,…
Dubai Investment Bank Plans Egypt Expansion as Economy Recovers
Shuaa Capital PSC is assessing potential acquisitions in Egypt’s financial services industry as the Dubai-based firm seeks to become one…
Bahrain Islamic Bank posts BD 10.1 million net profit
Bahrain Islamic Bank announced strong financial results that have positively impacted all the Bank's operations. The Bank recorded a…
Saudi Ritz Reopens After Stint as Gilded Prison of Princes
Riyadh's Ritz-Carlton Hotel reopened on Sunday, more than three months after it was converted into a gilded prison for members…
DFSA Signs MoU with Central Bank of Oman
The Dubai Financial Services Authority and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in…
Emirates NBD main sponsor of Indian trade fair in Jeddah
Saudi Arabia successfully participated in the Indian trade fair held recently in Jeddah. Mohammed Shahid Alam, India’s deputy consul…
Touting 'transformation', French PM seeks investment in Dubai
France's Prime Minister Edouard Philippe promised lower taxes and a business-friendly France at a global summit in Dubai on Sunday,…
UAE leads Arab markets in Islamic fintech
Published in light of the UAE’s Innovation Month, the analysis finds that tailored regulation and clarity on rules could aid…