QIIB’s total assets grow by 9.8% to QR42.3bn
QIIB, one of the leading Islamic lenders in Qatar, recorded a net profit of QR443m for the first half of…
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Bahrain Institute of Banking and Finance gets financial backing for Islamic finance e-learning platform
The Bahrain Institute of Banking and Finance said its development of an Islamic finance e-learning platform revolving around the standards…
Qatar's CBQ posts big drop in Q2 net profit
Commercial Bank of Qatar posted a 62.9 percent slump in its second-quarter net attributable profit on Tuesday, missing analysts' forecasts…
ADCB profit up 10% to Dh1.12b in Q2
Rise in non-interest income driven from fees and trading income helped soar Abu Dhabi Commercial Bank's net profit in the…
Barclays begins Egypt sale process, at least 2 interested
Barclays has begun a formal process to sell its Egyptian unit, with at least two banks from the Middle East…
NBAD and FGB go full throttle with merger
Word started to spread on the grapevine in the last week of June on the potential merger of National Bank…
Anadolu Industry Holding To Sell Stake in Alternatif Bank
Turkey's Anadolu Industry Holding, an affiliate of Yazicilar Holding, has decided to sell its 25 per cent stake in lender…
Gulf narrowly mixed in quiet trade; Saudi banks firm
Gulf stock markets were narrowly mixed in quiet, early trade on Monday although Saudi Arabian banks rose after a couple…
Qatar bonds are likely to remain popular with investors: BMI
Qatar’s bonds are “likely to remain popular with investors” although sovereign creditworthiness in the Mena economies will broadly deteriorate over…
Working in Dubai? Here’s why you should take Islamic finance courses
Dubai has set itself an ambitious goal of becoming the global center of Islamic Economy, overtaking established cities like London…
Harbinger of hope – Qatar Investment Authority's purchase of Asia Square Tower One
The recent acquisition of the 43-storey Asia Square Tower One by Qatar Investment Authority, a sovereign wealth fund, has provided…
Egypt, Philippines to establish business council by end of 2016 – Daily News Egypt
The Philippines is expected to be the sixth-fastest growing economy in the world, according to the British Knight Frank consultancy…