BIBF partners with Euromoney Learning Solutions
The Bahrain Institute of Banking and Finance (BIBF) signed a memorandum of understanding (MoU) with Euromoney Learning Solutions (a division…
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Libyan sovereign fund recovers $127 mln from Lehman, Cornhill Capital
Libya's $67 billion sovereign wealth fund has recovered $73 million from the bankrupt Lehman Brothers and $53.8 million from Cornhill…
Women Making Great Improvements in the UAE Business Sector
Two UAE women among ten have been named the most influential personalities in the Arab world. Raja Easa Al…
Arab economies expected to grow 2.6 per cent in 2016 and 3.1 per cent in 2017
Arab economies have been affected in 2016 by the developments in the global economic environment especially weak external demand levels…
RiverCrossing and Greenman Launch German Retail Property Investment Vehicle for GCC Investors
RiverCrossing, an investment management firm dedicated to providing Islamically-compliant real estate investment opportunities to investors in the GCC, today announced…
GCC banks to stay under pressure until 2017 on commodity gloom: S&P Global
Banks in the Gulf Cooperation Council countries, besides some other regions, will remain under pressure for the remainder of 2016…
Egypt Central Bank Unexpectedly Keeps Interest Rates Unchanged
Egypt’s central bank unexpectedly kept interest rates unchanged, even after inflation soared to the highest level since at least 2009.…
Standard Chartered launches 'Banking the ecosystem' strategy to support global trade
Standard Chartered Bank has launched ‘Banking the ecosystem’, a global strategy that will connect business communities and facilitate increased trade,…
Moody's: Prospects remain robust for Islamic finance despite subdued sukuk issuance
New sukuk issuance continues to remain subdued in 2016, but growth prospects for the Islamic finance sector are still strong,…
GCC loan growth projected to decline to 6% in 2016
GCC's banking sector is expected face continued slowdown in growth, deterioration of asset quality, and reduced profitability in 2016, according…
Burgan Bank wins prestigious Thomson Reuters Lipper Award Burgan Equity Fund
Burgan Bank announced today that its Burgan Equity Fund has been named as the ‘Best Equity Fund over 10 years’…
BML Istisharat, core banking and insurance software provider grows in the Middle East
Lebanon based BML Istisharat - a globally recognized business Solutions and Information Technology Services provider has had some encouraging developments…