Lombard Odier plans to increase Islamic investments offering in ME on 10 year anniversary
The bank, which has now served clients in the region for over 50 years, has doubled its size in the…
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Aldar Properties Q1 2016 net profit increases 15%
Aldar Properties has announced net profit of AED 654 million for the first quarter ended 31 March 2016, up 15%…
Global acquires two addition properties in the United Kingdom
Global Investment House successfully completed the acquisition of the headquarters of the National Health Services of Scotland in Gyle Business…
$155 million Murabahah for Ziraat Participation Bank
Bank ABC Islamic, Dubai Islamic Bank PJSC, HSBC and Warba Bank were appointed to arrange a one year Syndicated Murabaha…
KFH bags ‘International Volume Growth Cross Border 2015’ award
Kuwait Finance House (KFH) has won the “International Volume Growth Cross Border 2015” award from MasterCard for demonstrating outstanding performance…
Lawsuit accuses Middle East bank of stealing an Orange County entrepreneur's technology
Farooq Bajwa still lives comfortably, up in the hills of San Juan Capistrano in a French chateau-style mansion with views…
Saudi Arabia replaces oil minister, central banker as part of plan to reduce dependency on oil
Saudi Arabia’s King Salman announced a government overhaul that saw the kingdom’s top central banker and longtime oil minister replaced…
HSBC Middle East CEO Joins Saudi Government After Shakeup
Saudi Arabia named HSBC Holdings Plc Middle East and North Africa Chief Executive Officer Mohammad Al Tuwaijri deputy minister of…
Shaping the future of fiduciary services in the Middle East
According to the 2015 World Wealth Report by Capgemini and RBC Wealth Management, while the Middle East and Africa recorded…
Top 11 companies add over AED 250 bn in Dubai Financial Market cap; Emirates NBD lead gainer
Led by banking major Emirates NBD (AED 45.57 billion), the top-11 most valued Dubai Financial Market -listed companies together added…
UAE Cabinet approves Sharia authority launch
The UAE Cabinet on Sunday approved the launch of a new Sharia Authority, a national regulator to set standards for…
GCC bond, sukuk markets improve; IPOs weak in Q1
The GCC bond and sukuk markets have improved in Q1 2016 compared to Q4 2015 irrespective of overall activity remaining…