Deloitte: GCC is one step closer to VAT implementation
Agreements were reached in recent days by members of the GCC on certain design aspects of the Value Added Tax…
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TASWEEK's CEO steps down
TASWEEK Real Estate Development and Marketing , an advisor and solutions provider serving the property markets, has announced that Masood…
ICD and IILM to strengthen cooperation to serve in development of the Islamic finance industry
The Islamic Corporation for the Development of the Private Sector, the private sector arm of the Islamic Development Bank Group,…
World Islamic Banking Conference names Bank Nizwa as best performing Islamic bank in Oman
In recognition of its role in spearheading the growth of Oman’s Islamic finance industry, Bank Nizwa won the prestigious ‘Best…
Khaleeji Commercial Bank is a Silver Sponsor of World Islamic Banking Conference
Khaleeji Commercial Bank (KHCB), one of the leading Islamic retail banks in the Kingdom of Bahrain, announced its participation as…
Dubai prime villa prices ‘to rise within 18 months’
Dubai luxury villa prices per square foot have fallen 16.4% in the last year, in line with the rest of…
HSBC looks to global loan book to boost profits
HSBC is looking to boost investment banking profits by packaging more of its loans into bonds and selling them to…
Sigma Capital to raise issued capital to EGP 100m in 2016
Sigma Capital will launch two initial public offerings (IPOs) by mid 2016, Chairman Ahmed Marwan told Daily News Egypt Monday.…
Barclays extends its International Banking offshore offering
Barclays has announced the launch of its enhanced International Banking business, a comprehensive offshore banking proposition operating out of the…
Turkish bank operations in Russia to be excluded from Moscow sanctions
Turkish banks will be excluded from Russian sanctions, industry sources told Reuters on Monday, escaping a crackdown by Moscow that…
Middle East remains growing market for entrepreneurship
Entrepreneurship is flourishing in the Middle East, a London Business School survey of regional executives has revealed. The survey…
Arab Bank plc Financial Strength Rating affirmed by Capital Intelligence
Capital Intelligence (CI) has affirmed Arab Bank plc’s (AB) Financial Strength Rating (FSR) at ‘BBB+’. The FSR continues to be…