Emirates NBD wins prestigious titles
Emirates NBD, a leading bank in the region, has been named ‘Bank of the Year – UAE 2015’, and as…
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Alkhabeer Capital wins accolade as top financial services employer
Alkhabeer Capital, a major asset management and investment firm, has been named the top financial services employer in the Saudi…
Iranian banks to open in India
Iran’s leading banks will soon open branches in India to energise commercial ties between New Delhi and Tehran. The…
Turkey: Islamic lender fined $5.14 mln for unpaid tax
Islamic lender Bank Asya has been fined 15 million Turkish lira ($5.14 million) for unpaid taxes with additional fines, according…
Merger lifts M. Firon into Israel's big-five law firms
Adv. Eitan Epstein, with 23 other lawyers, is joining leading law firm M. Firon & Co. Two years after…
Troubled Malaysian fund 1MDB in $1.7bn property sale
Malaysia’s scandal-hit 1Malaysia Development Berhad state investment fund is to sell out of a high-profile property project for $1.7bn, as…
Islamic banking assets up 16% in 2015 Qatar among key markets Join our daily free Newsletter
Islamic retail and commercial banking assets continued to grow at 16% in 2015, at the same rate they did in…
Private deposits in Oman's commercial banks rise to OMR11.78 billion
The total private deposits at commercial banks in the Sultanate of Oman rose at the end of October 2015 by…
Bank Muscat expands Management Team
Bank Musca has unveiled a new Organisational Structure bringing on board competent Omani employees who have recorded remarkable career achievements…
Saudi NCB wins approval to set up derivatives trading unit
Dec 29 National Commercial Bank , Saudi Arabia's largest lender, has received regulatory approval to set up a subsidiary to…
New Saudi policies ‘will help improve fiscal sustainability’
Saudi Arabia’s stock index fell but closed well off its lows on Tuesday after the 2016 state budget introduced spending…
KIPCO Group purchases JKB stake from Burgan Bank
KIPCO - the Kuwait Projects Company - has announced the purchase by the Group of a 51 per cent stake…