Islamic Development Bank finances developmental projects worth $863 mn
The Islamic Development Bank has approved finances worth US$863 million for developmental projects in a number of member countries during…
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UPDATE 1-Dubai's Shuaa buys 14 pct of Bahrain's Khaleeji Commercial Bank
Dubai's Shuaa Capital bought 14 percent of Bahrain's Khaleeji Commercial Bank on Sunday for 9.6 million dinars, $25 million and…
KPMG reports 10.7pc growth in region
KPMG in the Middle East and South Asia region has reported a 10.7 per cent growth in aggregated revenues of…
Zawaya unveils OMR7million Al Noor luxury project
Zawaya Development has unveiled its latest luxury properties projects under the brand name Al Noor Projects. The OMR7million-cost residential…
Dubai’s Gold Souq feels Indian demonetisation heat
It’s not just the shopping season in India that got wiped out by the demonetisation move — Dubai’s famed Gold…
“Markaz” successfully closes a five-year KWD 25 million bonds issue
According to a joint statement by Kuwait Financial Centre and Gulf Bank, this extensive demand reflects the investors’ trust in…
Banque du Caire to open 18 new branches in 2017: chairperson
Banque du Caire plans to open 14 new branches during 2017 in a number of governorates, according to CEO and…
8 Egyptian banks among top 100 Arab Banks: UAB
Eight Egyptian banks entered the list of the largest 100 banks in the Arab world in terms of size of…
Islamic finance boom calls for increase in trained personnel
In the fast-growing industry of Islamic finance, the lack of specialized, trained human capital in the field continued to be…
UAB chief vows to fight money laundering, terror financing
Chairman of the Union of Arab Banks Sheikh Mohammad Al-Jarrah Al-Sabah said on Monday that UAB is firm on dealing…
The unstoppable march of Qatar's banks abroad
The great confidence in the national economic boom thanks to the wise vision of His Highness Sheikh Tamim bin Hamad…
Meethaq Sharia’a Board reviews performance and growth strategy
Bank Muscat’s board of directors and the Meethaq Sharia’a Supervisory Board led by respective chairmen Shaikh Khalid bin Mustahail al…