Dubai Islamic 2016 profit up 6pc to $1.1bn
Dubai Islamic Bank (DIB) has reported a net profit of Dh4.050 billion ($1.1 billion) for 2016, an increase of 6…
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Credit Suisse’s Israeli Desk in New Tax Evasion Probe
Swiss banking organization Credit Suisse is under investigation by the IRS for helping Americans living in Israel or with Israeli…
PEPPER by Leumi Goes Live! – New Mobile Bank Offers a Smart, Transparent, Technological Alternative to Traditional Banking
"Pepper" offers personalized content and insights that help customers manage their money better At the same time the mobile…
Inside Investment: UAE-UK tax rule frees up offshore pension transfers
Peter CooperUnder the new UAE-UK double taxation convention that came into force on January 1, if you are a UK…
Dubai's DFSA signs MoU with European Securities and Markets Authority
The Dubai Financial Services Authority, DFSA, and the European Securities and Markets Authority, ESMA, have entered into information sharing and…
Al Baraka Banking Group Achieve US$ 152 million Net Income Attributable to Equity Holders of the Parent in 2016
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that it achieved a noticeable increase in…
Sapient FinTech specialist joins Qatar Bank
A former director at Sapient Global Markets has departed to join Qatar National Bank as its chief innovation officer, according…
Ex-KWM partners asked to cough up money for lawyers and support staff suffering undue hardship
Former partners from now defunct law firm King & Wood Mallesons have been asked to contribute towards a hardship fund…
Dubai’s Emaar opens property showcase in London’s Harrods store
Dubai’s biggest developer, Emaar, has opened a new showcase for its latest properties in Dubai in Harrods, the department store…
Commercial Bank of Qatar misses forecasts with 99 pct profit slump
Commercial Bank of Qatar, the Gulf Arab state's third-largest lender by assets, reported a 99 percent fall in fourth-quarter net…
CMB Shakes the FX Market and Tweakes the Public Disclosure Regime
On February 10, 2017, the Capital Markets Board of Turkey (the “CMB”) published amendments to the following communiqués: Communiqué on…
Commercial Bar under fire for promoting Dubai as a world arbitration centre
The British Irish Commercial Bar Association has been criticised by a UK charity for promoting Dubai as a world centre…