Borsa Istanbul chair says all stocks exchanges should be run in Islamic way
The chairman of Turkey’s main stock exchange, Borsa Istanbul, said the term “Islamic finance” should be changed to “Finance of…
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World Bank's IFC sets final spread for $100 mln 5-yr sukuk – leads
International Finance Corp , a unit of the World Bank, has set final spread for its $100 million sukuk, which…
UAE considers tax regime as it moves law on corporate tax forward
The UAE is moving toward a tax regime, as a draft law on corporate tax is being discussed by the…
Qatar's regulator to grant licences to GCC banks
Qatar's central bank is to grant licences to Gulf Cooperation Council banks to open branches in the state, the government…
Bahrain's Premier Business address announces strategic partnership at Cityscape Global in Dubai
The Bahrain Financial Harbour, Bahrain's most desirable business address and home to many of the world's best known financial organisations,…
AHAB Files Evidentiary Response to TIBC Administrator
Today at a court hearing in Bahrain, Ahmad Hamad Algosaibi and Brothers submitted evidence refuting the legal case filed last…
Gulf firms turn to banks to fund big projects as state coffers squeezed – SocGen
Gulf state-owned firms are increasingly turning to banks to finance infrastructure projects, according to Societe Generale, as governments hit by…
Construction projects increasing buyers' will to settle in Turkey
Artaş is known as a leading firm in the sector, it has a reputation for high sales numbers even during…
Abu Dhabi hunts for $1.4bn payment in Malaysia scandal fallout
A corruption scandal that is engulfing Malaysia’s government and prime minister has pulled in a high-profile Abu Dhabi investment fund…
Credit Suisse Said to Hire Deutsche, BofA Analysts in Dubai
Credit Suisse Group AG, which is boosting its focus on managing money for rich clients, hired two analysts in Dubai…
Saudi central bank to appoint KPMG partner as deputy governor for supervision
The Saudi Arabian Monetary Agency (SAMA) is set to appoint KPMG Saudi Arabia's managing partner Tareq al-Sadhan as its new…
HSBC Middle East in Corporate Shakeup
HSBC is shifting investment to Asia, the bank’s best- performing region James Milligan, head of trading for HSBC Holdings in…