Gulf-Based Islamic Banks Grapple With Weakening Regional Economies
After delivering strong results in 2014, Islamic banks in the Gulf region face a gradually weakening operating outlook in 2015-2016,…
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SAIB Wins Best Banking Loyalty Program Award
AIB -a leader in the banking sector in GCC- have been recognized for the exceptional work carried out, awarded with…
Emirates NBD launches mobile remittance service to India
Emirates NBD, Dubai's biggest bank, has announced the launch of an innovative new remittance service, DirectRemit2 Mobile, that enables account…
Clifford Chance advises Amanat Healthcare
Clifford Chance advised Amanat Healthcare and its affiliates on its acquisition of a 35% beneficial interest in Sukoon International Holding…
Zurich appoints appoints head of market management for MEA
Zurich Global Life has appointed Walter Jopp as head of market management for the Middle East and Africa following Paul…
Turkey and the GCC: 'A win-win dynamic'
Momentum is building for economic relations between the Gulf states and Turkey, economists told the Anadolu Agency today. "Trade…
Islamic Finance expected to grow to 3 trillion by 2018
Islamic finance has been growing rapidly over the past decades, reaching $1.8 trillion in 2014 and is expected to exceed…
Gulf-based Islamic banks face prospect of lower net income growth
After delivering strong results in 2014, Islamic banks in the Gulf face a gradually weakening operating outlook in 2015-2016, largely…
UAE family conglomerate Al Jaber hires CFO
Abu Dhabi family-owned conglomerate Al Jaber Group, which is seeking to renegotiate a debt restructuring put in place last year,…
Saxo Bank 'Prioritising' Middle East Investors
Saxo Bank has launched a dedicated Arabic website as part of its latest drive to encourage retailers and investors across…
DIFC’s new Academy of Law inks first international memorandum
The new DIFC Dispute Resolution Authority Academy of Law has signed its first international cooperation agreement, in a move designed…
CBRE names global investment chief as Dubai staffs up
The move will expand his oversight of investment decisions and offerings in publicly traded and nonlisted securities, according to a…