Dubai ranked among world's most powerful cities
The emirate has achieved best ranking in cultural interaction subcategory, notching up 9th ranking Dubai's status as a regional hub…
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Qatari Growth to Decline
The outlook of economic growth in Qatar is slowing down, according to a recent report by the World Bank Group…
Huawei forges new alliances, unveils novel products
Leading global ICT solutions provider, Huawei is forging new alliances and has also launched its innovative solutions to drive the…
Africa drives Access Bank’s trade finance growth
The Access Bank UK Limited, a wholly-owned subsidiary of Access Bank Plc, a Nigerian Stock Exchange-listed company, has witnessed strong…
Ibdar Bank acquires Boston office building
Bahrain-based wholesale Islamic Investment bank, Ibdar Bank has announced the acquisition of a prime office building in Boston, USA, currently…
Automating and reskilling the digital banking workforce
Successful digital banks of tomorrow will be those that have built the right levels of digital skills within their ranks…
Qatar National Bank aims to refinance $3 bln loan by year-end –sources
Qatar National Bank, the largest Gulf Arab bank, has approached commercial banks for the refinancing of a $3 billion loan…
Emirates Islamic Bank ties up with wasl Asset Management Group to offer attractive home finance packages for wasl1 project
Emirates Islamic has announced that it has tied up with wasl Asset Management Group to offer attractive home finance facilities…
Average yields fall on Egypt's three and nine-month T-bills
Average yields on Egypt's three and nine-month treasury bills fell at an auction on Sunday, central bank data showed. …
Salesman jailed for defrauding bank of Dh635,000 in Dubai
A bank salesman, who defrauded his workplace of Dh635,000 after submitting forged documents needed to obtain a loan and a…
Doha freezes bank accounts over row
A controversial member of Qatar’s royal family yesterday said that Qatari authorities have frozen his bank accounts over his role…
Can the UK make the most of sukuk, the Islam-compliant bond?
Earning interest, or Riba, is forbidden under Islamic law: “Allah allows trade, but forbids interest,” says the Qu’ran, the…