Why 28% Inflation May Still Not Warrant an Egypt Rate Increase
Five out of seven economists surveyed by Bloomberg predict the Monetary Policy Committee will hold the benchmark overnight deposit rate…
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Al Rajhi Bank taps iGTB for digital transformation
iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, has signed a deal with Al Rajhi Bank, the…
MPs Gradually moving towards solution
In an attempt to revive old wounds, 39 MPs agreed on discussing the so called ‘multi million deposits’ file despite…
Sukuk could be unifying gel
When the world’s largest oil company, Saudi Aramco, launches a maiden sukuk with four banks mandated a few days ago…
Time to go local for investment opportunities: UBS
A young population and high per-capita income coupled with key economic reforms in the UAE and Saudi Arabia make long-term…
Al Salam Bank-Bahrain reports 81 per cent jump in income for 2016
Earnings per share rose to 7.6 fils for 2016 from 5.8 fils a year earlier. The bank reported net…
Dubai: A Place to do Business
In less than 40 years, Dubai has transformed itself from a local trading community into one of the most inspirational,…
Banking System Employs AML, CFT Measures
Iranian banks are now able to employ all anti-money laundering measures and the framework for combating the financing of terrorism,…
Jordan Islamic Bank announces 2016 results
By the end of 2016, Jordan Islamic Bank a subsidiary of Al Baraka Banking Group achieved profits before tax in…
Investing? Try GCC stock markets
A young population and high per-capita income coupled with key economic reforms in the UAE and Saudi Arabia make long-term…
Qatar has potential to lure up to $15bn funds inflows: Seetharaman
Qatar, which has potential for $10bn to $15bn overseas funds inflow since its upgrade into emerging market, like other Gulf…
Bank Sohar Names CFO and AGM of Compliance
Bank Sohar on Tuesday announced the appointment of Pieter De Witt as the bank’s new chief financial officer and Khalid…