New report names standardisation, CSR, corporate governance problem areas of Islamic finance
A new report on the global development of Islamic finance released on December 7 at the World Islamic Banking Conference…
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Bahrain’s Islamic finance sector sets the tone for the rest of the world
With decades of experience and regarded as the benchmark for its regulation, Bahrain stands out as a global leader in…
Japan's Bank of Tokyo-Mitsubishi to open branch in Saudi Arabia
Bank of Tokyo-Mitsubishi UFJ has received a licence to open a branch in Saudi Arabia, becoming the first Japanese bank…
ADS Securities Promotes Bryan Seegers to Co-Head Global eFX Coverage
Abu Dhabi based broker ADS Securities, a provider of foreign exchange and contracts for-difference, has promoted Bryan Seegers, the company’s…
Customer trust in UAE banks on the rise despite challenges
Perceptions about the UAE’s banking sector remain healthy, with the majority of customers believing that banks are positively dealing with…
Dubai's Meydan Group said to close $163m loan next week
Dubai's Meydan Group, which specialises in real estate projects in the commercial, hospitality and entertainment sectors, will close by the…
Dollar-hungry Turkey eyes Middle Eastern markets
The turbulence in the Turkish economy, marked by a dramatic depreciation of the Turkish lira, is forcing Ankara to consider…
Millennials ‘prefer to use than own a superyacht’
The next generation of UHNWIs will increasingly prioritize experience over possession, said a top official, adding they will still want…
PTI raises questions about investments in Dubai real estate
In the wake of revelations regarding offshore investments by more than 500 Pakistani nationals in the Panama Papers leaks, the…
Bank Alkhair announces sale of major stake In Pakistan’s Burj Bank
“At Bank Alkhair, we actively manage our investment portfolio to ensure that our investments support the company’s strategic direction. …
Qatari vision leading into the future
The Qatari playing field The GCC banking and finance sector is believed to be far more stable and resilient…
Dubai working with HSBC bank on $7 bln financing for Expo 2020
Dubai is working with HSBC on the financing of Expo 2020 Dubai, a $7 billion exhibition centre project expected to…