Malaysia in bid to lift Islamic finance
Malaysia could become the first country to incorporate the International Financial Reporting Standards in Islamic finance, said the Malaysian Institute…
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MidEast buyers snap up 40% of Bahrain-backed London scheme
Investors from the Middle East have purchased a substantial chunk of units at a Bahrain-backed residential project in London, according…
First Islamic institution launches in Abu Dhabi Global Market
The new Islamic bank established by Abu Dhabi Financial Group and GFH Financial Group has commenced operations in Abu Dhabi’s…
CISI signs Kuwait agreement in bid to ‘transform financial services’ in region
The Chartered Institute for Securities & Investment, is bringing a series of its financial services qualifications to Kuwait, to help…
Bank Muscat wins Banker Middle East's Best Bank in Oman award
Bank Muscat has won the Best Bank in Oman award by Banker Middle East. Omar Al Musafir, Chief Representative…
How the 'rich kids' of Dubai are spending their fortunes
In today’s era of Instagram, Facebook and social media, there’s an endless stream of posts flaunting wealth. But there’s…
Bank Dhofar H1 consolidated net profit down 13.27 per cent
The Omani bank showed a 60.03 per cent drop in net profit from its Maisarah Islamic banking arm, falling to…
Mercer seeks to double assets under management in the Middle East
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double…
Hamdan appoints and promotes officials
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of Dubai Executive Council, issued Executive Council…
Qatar says media report reveals UAE role in hack that sparked crisis
Qatar said on Monday that a U.S. media report had shown that the United Arab Emirates was involved in an…
What Filipino expats in UAE struggle with most
Like everyone else living abroad, Filipinos deal with all sorts of headaches, but at least five issues seem to crop…
Pictet looks to win institutions to themed investment
Individual investors are going where Middle East institutions and sovereign wealth funds fear to tread, according to Pictet Asset Management.…