Four Moroccan Banks Among World’s Top 1,000 Banks
The Moroccan banks ranked by the British financial magazine the Banker included: Attijariwafa Bank, Banque Centrale Populaire, BMCE Bank and…
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Growing trend: Islamic finance goes offshore
The rise of Islamic finance and sukuk issuances have brought with it a growing phenomenon: Shariah banking is increasingly taking…
Citigroup Hires Two From Deutsche Bank for EMEA Prime Finance Unit
Citigroup Inc. hired Deutsche Bank AG’s Simon Kempton and Daniel Caplan for its prime finance business in Europe, Middle East…
Al Baraka Banking Group targets ambitious foreign ventures
Al Baraka Banking Group says it plans to almost double its assets to US$46 billion in the next five years…
Lamudi real estate dot-com firm launches business in UAE
Lamudi, a two-year-old real estate dot-com company doing business in more than 30 emerging- and frontier-market countries, announced on…
RedCloud and Insiyabi partner for m-banking venture in Africa, Asia and the Middle East
RedCloud Technologies and Insiyabi sign a Partnership to bring secure Mobile Financial Solutions to the Banked and Bankable across Africa,…
Asset management firms shift focus to unpaid consumer bills
Asset management companies, which have already been de-facto managing the non-performing loans of the ten largest banks in Turkey, have…
Finance House H1 profit soars 8.2%
Finance House PJSC has registered a robust consolidated net-profit of AED 66.2 million for the six months ended 30 June…
New Shareholder and Chairman of Invescore
Invescore Ltd, a financial advisory firm based in London, is pleased to announce that Al Khafrah Holding Group, Saudi Arabia's…
A new Commercial Companies Law for Qatar
HH Sheikh Tamim bin Hamad al-Thani issued the new Commercial Companies Law No 11 of 2015 (new Companies Law) on…
Dubai Properties Group appoints new CEO
Dubai Properties Group , owned by the emirate's ruler, has appointed Abdullatif AlMulla as chief executive, it said in…
Emirates Investment bank first-half profit down 21%
Emirates Investment Bank (EIBank), an independent boutique private and investment bank on Monday reported a first-half profit of Dh27.83…