Ithmaar's new group structure wins approval
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced today that it has obtained final approval from the Central Bank of…
Uncategorized
47651 articles found
Dubai Bank claims Sh1bn from ex-owner
Collapsed lender Dubai Bank has filed a suit claiming the $11 million, Sh1.1 billion its founder and former chairman, Hassan…
Central Bank of Kuwait issue new Shari'ah governance guidelines
His Excellency, the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al Hashel announced that the CBK Board…
UAE hiring drops 35% but 2017 outlook positive
The availability of new jobs across all industries in the UAE remained scarce in November, but the outlook for career…
Israel and UK see eye to eye on tax transparency
HM Revenue & Customs officials visited Israel with automatic exchange of information about to begin. Senior officials from HM…
DEC enhances ties with Bank of China
The Dubai Economic Council (DEC) has enhanced its partnership with the Bank of China (BOC) in its role in the…
Five ways UAE banks can profit from digital advertising
The proliferation of user-friendly banking services on mobile and web platforms has led to less consumers visiting branches in person…
Recovering oil prices to give needed cushion for Gulf economies
The deal to cut oil output could provide much required cushion to the oil market and Gulf economies in coming…
Economic changes that will affect your wallet in 2017
The tax year which starts on Sunday brings an array of changes created by the previous year’s legislation, the 2017-18…
Saudi likely to tap multiple funding sources to bridge budget gap
In the absence of further increase in oil prices and or drastic cut in government expenditures, analysts expect Saudi Arabia’s…
Qatar made a buzz in finance & business world in 2016
Qatar created waves in global finance and business world in 2016. The country hit the international media headlines when Russian…
Depositors start year with jitters as billions held in 3 fallen banks
Depositors are set to open the New Year with tens of billions still locked away in three collapsed banks months…