AAOIFI, UAE's SCA sign cooperation agreement
In an official visit to the United Arab Emirates, the Accounting and Auditing Organization for Islamic Financial Institutions has inked…
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Omani Merger Deal Set to Create Nation’s Second Biggest Bank
Oman’s Bank Sohar reached an agreement with Bank Dhofar on the terms of a proposed merger that would create a…
Mashreq announces new Head of its Asset Management business
UAE’s leading financial institution, Mashreq announced that Abdul Kadir Hussain, Head of its Asset Management unit and CEO of Mashreq…
Emirates Islamic ‘fastest growing bank in UAE’
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been named the Fastest Growing Bank –…
Protecting human capital
Aside from risks specific to industries SMEs are operating in, they are just as vulnerable to the global economy, fluctuations…
Dubai Group to sell Shuaa stake to ADFG for Dh341m
Investment bank Shuaa Capital said on Wednesday that its biggest shareholder had agreed to sell its stake to Abu Dhabi…
Ministry announce hajj registration deadlines
The Ministry of Awqaf and Islamic Affairs announced that the last date to register non-Kuwaiti pilgrims planning to go for…
Top Kuwait bank sees growth as country spends as much as it can
Kuwait’s biggest bank sees growth in the industry quickening this year as the government boosts spending to counter the effects…
QIB offers special Ramadan auto financing deals
Qatar Islamic Bank, Qatar’s leading Shariah-compliant lender, has once again partnered with major leading automotive dealers across Qatar to offer…
Aramco listing lures banks with prospects of lucrative deals
Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia’s state-owned oil giant Aramco…
Oman joins the queue of GCC bond market for first time
Oman plans to issue a sovereign dollar bond for the first time to plug a deficit left by tumbling oil…
Saudi Arabia to issue real estate development fund sukuk
Saudi Arabia plans to issue an Islamic bond, or sukuk, for its Real Estate Development Fund by the end of…