Abdullah Ashy appointed chairman of Ewaan global housing
During their latest meeting, the Ewaan Global Housing Board of Directors agreed to nominate Mr. Abdullah Bin Muhammad Ahmed Ashy…
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NBAD Sukkuk Fund earns annualised yield of 5.2 per cent
“Sukuk in the GCC and further afield have traded well in recent months in line with rising oil prices, following…
Baker McKenzie Announces 85 Partnership Promotions
Combining this year's promotions and new lateral talent, the Firm added 150 partners. Premier global law firm Baker &…
New lenders to add momentum to Turkey's Islamic banking, says S&P
"Turkish authorities have now made tangible steps to support the growth of Islamic finance in the country," said S&P Global…
IBQ Wins Citi 'Straight Through Processing' Award
An award recognizing the superb delivery of commercial payments and handling transactions in U.S. dollars has been given to International…
Unique Features of Islamic Finance
Islamic Financial Concepts are thriving in the modern age with the fastest growing rate among the capital markets. It…
Assets of Commercial Banks in Oman Rise 7.7% to OMR28.6 Billion
The total assets of conventional commercial banks increased by 7.7 per cent to OMR28.6 billion in April 2016 from OMR26.5…
The Case For Consolidation In The UAE's Banking Sector
First the international banks started to pack up or consolidate their services in the UAE. Now local banks are also…
What are the GCC region’s high margin industries?
Corporate earnings for Gulf Cooperation Council companies have been disappointing of late. The headwinds from plummeting oil prices have resulted…
GCC sovereign wealth funds may shun the UK
The Gulf Co-operation Council’s sovereign wealth funds may by and large shun the UK with Brexit becoming a reality, according…
Emirates NBD integrates ‘Investment Portfolio’ in mobile banking app
Targeted towards the bank’s private and priority banking customers, the new service enables app users to view and manage all…
KFH Announces Launch Of New E-Service For Customers- Unique Service Allows Clients Constant Monitoring of Banking Accounts: Al Obaid
Kuwait Finance House announced today the successful launch of a new e-service which allows KFH customer subscribed to KFH’s SMS…