Turkish unemployment rate seen higher than 10 percent until 2019 – programme
Turkey's unemployment rate is forecast to be 10.5 percent this year, remaining above 10 percent the next two years before…
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Credit Suisse in Talks for Full Saudi Arabia Banking License
Credit Suisse Group AG is seeking to secure a key banking license in Saudi Arabia as part of plans to…
Abu Dhabi Islamic Bank Said to Cut More Than 200 Jobs in U.A.E.
Abu Dhabi Islamic Bank PJSC, which bought Barclays Plc’s retail business in the United Arab Emirates, has cut more than…
Waxing opportunities, worrying shortfalls
The latest skinny on Islamic finance and asset management The Islamic world, broadly defined, accounts for some 1.57 billion…
Mideast Stocks-Telecoms help Saudi rebound, rest of region quiet
Strong telecommunications shares helped Saudi Arabia's stock market rebound on Tuesday after steep losses due to the kingdom's austerity policies,…
Technology innovation a growth enabler amid global slowdown: Doha Bank CEO
Doha Bank CEO Dr R Seetharaman was the key note speaker in the plenary session “Creating a digital banking eco-system…
Dubai officially launches Future Accelerators programme
Dubai has officially launched its Dhs1bn Future Accelerators programme designed to make the city an innovation hub. The scheme…
Qatar's investment in troubled Deutsche Bank 'drops by billions'
The value of Qatar’s shares in Deutsche Bank has dropped by at least $1.3 billion from what it paid for…
GCC Debt market still looks good, but…
Research by Fisch Asset Management, one of the world’s leading credit analysis and convertible bond specialists, has shown a clear…
Internet of Things fuels digital revolution and the future of Middle East building management, says Honeywell
Building operators are under increased pressure to make their facilities safer, more comfortable and more efficient, all while reducing operating…
Qatar Islamic Bank completes core banking overhaul with Temenos Islamic Suite
Qatar Islamic Bank has gone live with Temenos’ IslamicSuite package, a solution of mixed services including the vendor’s flagship core…
Beltone Financial acquires 60% stake in NY-based brokerage firm Auerbach Grayson
Beltone Financial Holding,one of Egypt's top investment banks, announced today that it has acquired a 60% stake of Auerbach Grayson…