Turkey establishes interest-free finance board
The Prime Ministry's circular on establishing an Interest-Free Finance Coordination Board has been published in the Official Bulletin. …
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IIFM announces new standards to develop Islamic finance
A leading expert called on the Islamic finance industry to expand the range of Islamic products, develop IT solutions, establish…
Turkey's Sekerbank gets USD 115m for green energy, SMEs lending
Sekerbank of Turkey has secured a USD-115-million EUR 105.1m multi-currency syndicated loan facility, part of which will go for green…
Deloitte: Growth potential for Islamic Sukuk financing in Europe
The gap between the spending needs of developing countries and the pressure on financial institutions to carefully monitor their credit…
Saudi businesses need to prepare for new financial reporting standards
The completion of two major projects to update financial reporting will mean challenges for users of International Financial Reporting Standards…
Standard Chartered hosts its first Financial Crime Compliance Academy workshop in the Middle East
Following the successful launch of its Financial Crime Compliance Academy earlier this year, Standard Chartered hosted its first Financial…
Standard Chartered appoints Global Head, Private Banking & Wealth Management
Standard Chartered Bank has announced the appointment of Didier von Daeniken as its new Global Head, Private Banking & Wealth…
HSBC seeks new UAE wealth and retail head as bank axes jobs
HSBC is seeking a new head of retail banking and wealth management in the UAE after Khaled Elgibaly left in…
Barclays named ‘Best Investment Bank’ in MENA
Barclays has been awarded ‘Best Investment Bank’ in the Middle East and North Africa region by EMEA Finance at the…
China, United Arab Emirates to Launch $10 Billion Fund
The agreement on the oil and gas exploration and production was signed in Beijing on Sunday during an official visit…
Qatar has lowest company tax
Qatar continues to provide one of the most favourable company tax environments in the world according to World Bank Group…
Weaker oil prices to hit capital flows into GCC property
Lower oil prices and the stronger US dollar have combined to reduce the inflow of capital into Dubai's real estate…