Sovereign wealth funds invest in UK mobile phone operator
The Abu Dhabi Investment Authority (ADIA), Singapore’s GIC, the Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et…
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Israeli group plans to sell stakes in Turkish bank
Israel’s Hapoalim Investment has plans to sell a majority stake in Turkish BankPozitif, amid political coolness between Israel and Turkey,…
Yuan gaining clout in GCC
The Chinese currency, which is widely expected to be voted as a global reserve currency, is fast gaining clout in…
Fiorano 'Out Of The Box' Integration Streamlines Core Banking at Large UAE Bank, Achieving 70% Productivity Gains
Fiorano Software, a leader in enterprise integration and messaging middleware solutions, today announced that the Fiorano Platform has been deployed…
Sukuk industry: SABIC’s pioneering role in spotlight
The tenth edition of Euromoney Saudi Arabia conference concluded here on Wednesday, with a firm belief that multisectoral reforms to…
QSE foreign funds inflow hits $1.25bn since upgrade: CEO
The Qatar Stock Exchange has witnessed a net (foreign funds) inflow of $1.25bn and about three-fold jump in average daily…
Modern Exchange Co eyes major push in Bahrain
Bahrain's liberal economy and potential clientele base have attracted Modern Exchange Company (MEC) to enter the kingdom's market. The firm,…
We are reviewing our options regarding KFH-Malaysia
Kuwait Finance House (KFH) announced that within the restructuring of its investment portfolio, the Board of Directors is considering options…
GCC’s top 50 brands see 23pc rise in value
The total brand value for the Middle East’s top 50 brands has increased 23 per cent between 2014 and 2015…
GCC-French relations hailed
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has praised the GCC-French rapprochement, reflected by the participation…
Abdulrahman al-Nabit is new head of QIB’s Tamayuz Banking
Qatar Islamic Bank has appointed Abdulrahman al-Nabit as its new head of Tamayuz Banking, QIB Group CEO Bassel Gamal said.…
Innovations in Islamic Finance 2015: Balancing innovation and integrity
It’s an industry where asset growth regularly nudges 20% a year, but one that has been all but abandoned by…