Consumer demand will fuel GCC financial technology growth
While financial technology, aka fintech, is ascendant in most of the world, it is still finding its feet in the…
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Ahli United Bank B.S.C. reports a Q1/2016 profit of US154.6 million attributable to the shareholders of the bank
Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter…
Canadian Tycoon Sells Montenegrin Superyacht Marina
In an unexpected move, Canadian billionaire Peter Munk is selling his stake in the Porto Montenegro resort to the state…
Qatar mandates banks for $5 bln sovereign bond
The government of Qatar has mandated banks for a $5 billion sovereign bond, a source familiar with the matter told…
Tamdeen Group wins top honours at Arabian Business Kuwait Awards
Tamdeen Group, a firm that has recently announced plans to invest over $2 billion into the Kuwaiti economy, walked away…
Saudi Set to Open More Fully to Foreign Investment
Riyadh, Kingdom of Saudi Arabia: Delegates at the 11th Euromoney Saudi Arabia Conference heard today from one of the world's…
Khaleeji Commercial Bank announces excellent financial results
Khaleeji Commercial Bank, one of Bahrain's leading Islamic retail banks, announced excellent financial results for the first quarter of 2016…
UAE bank warns of 'Magic Pen' fraud; how to avoid it
Banks in the UAE are warning customers not to fall prey to a new 'Magic Pen' method used by fraudsters.…
DIFC Courts winds up Bank Sarasin Alpen (ME) after failure to pay damages
Dubai-based Bank Sarasin Alpen (ME) has been placed into liquidation by the DIFC Courts after it failed to pay US$35…
Maples and Calder Recognised for SevenCayman Islands: Maples and Calder Recognised for Seven Airfinance Deal of the Year Awards Airfinance Deal of the Year Awards
As a testament to the strong performance and unrivalled expertise of the Maples and Calder Finance practice, Airfinance Journal has…
RBI, UAE central bank sign MoU on currency swap cooperation
The union cabinet on Wednesday granted ex-facto approval to a memorandum of understanding signed between Reserve Bank of India and…
Shariyah Review Bureau joins AAOIFI to sponsor the 25th Anniversary Conference
Shariyah Review Bureau (SRB), a worldwide Sharia Advisory services provider of specialized Sharia Review, Certifications and Sharia Audit, today announced…