SICO reports net profit of BHD 2.3 million for 9M 2015
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its…
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Meethaq Initiative Highlights Role of Islamic Finance in Development
Meethaq, the Islamic banking services provider from Bank Muscat, has launched a new initiative – Shua’a. The announcement was…
UAE remains lucrative for Brazilian investors
The Arab-Brazilian Chamber of Commerce (ABCC) has revealed that Brazilian investors are attracted to the UAE, particular the ease of…
In Kuwait, IMF's Lagarde touts power of Islamic finance
The head of the International Monetary Fund says Islamic finance offers the possibility of extending banking services to many who…
State Bank of India join hands with Emirates bank for easier remittances
A leading UAE-based bank has announced a partnership deal with State Bank of India to help NRI customers in the…
Citi UAE launches Citi prestige its first global credit card for affluent customers
Citi UAE launched the Citi Prestige Card at an event at Citi’s Smart Financial Centre in Dubai Mall. This…
Consortium acquires majority stake in Fawry, Egypt's leading e-payment services platform
A consortium of international financial investors comprising the Egyptian-American Enterprise Fund, Helios Investment Partners and the MENA Long-Term Value Fund…
Ominvest implementing growth strategy following ONIC merger
Higher share of profits from its subsidiaries and associate companies, helped Ominvest report a group net profit of RO28.11mn for…
Technology is about the business of now not tomorrow
Over the years, the way international finance works has changed dramatically. Ever increasing technological innovation has demanded that financial centres…
Kuwait has potentials to become hub of Islamic finance expert
Tthere is currently a tremendous opportunity for Kuwait to profile itself as a hub for Islamic finance and Islamic banking,…
Global Reports KD5.9 million net profit in Nine Months of 2015
Global Investment House has announced its financial results for the nine months ended 30 September 2015. During 9M 2015,…
Bank Muscat and INSEAD join forces for best practices in banking sector
The Executive Development Programme is part of a wider, ongoing effort between Bank Muscat and INSEAD to equip senior executives…