Some banks win, some lose in Dubai’s ‘Islamic economy’
Dubai’s drive to develop its Islamic finance sector is fuelling growth of sharia-compliant banking but the benefits are unevenly distributed,…
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IVC-KPMG Israeli High-Tech Capital Raising Survey Q1 2015
In the first quarter of 2015, 166 Israeli high-tech companies raised $994 million – the second highest quarterly amount in…
Emirates Investment Bank reports financial results for the first quarter 2015
Emirates Investment Bank, an independent private and investment banking boutique, today announced its financial results for the first quarter 2015.…
ABK records KD 21.8m operating profit in Q1
Al Ahli Bank of Kuwait today announced an operating profit of KD 21.8 million for the first quarter, compared to…
Gulf banks tighten credit for small firms as cheap oil bites
Banks are tightening lending conditions for small, private companies in the Gulf - a sign that the region's economies are…
CFA Institute study calls for standardisation, simplification and transparency within the shadow banking sector to support the healthy functioning of the capital markets
As banks address new capital regulatory requirements and slow balance sheet growth, a new global study on alternative channels for…
David Haye arrested at Dubai airport: British boxer 'accused of fraud with passport seized'
British boxing champ David Haye was reportedly arrested at Dubai airport and held in a police cell over a £341,000…
Almost 10,000 sign petition against Dubai SeaWorld theme park
Almost 10,000 people worldwide have signed an online petition calling on the Dubai government to axe plans for a SeaWorld…
HSBC offers personal development and personal opportunities for Emiratis at Dubai Career Fair
Promising national and international opportunities, bespoke training programmes and unparalleled development programmes, HSBC Bank Middle East Limited is targeting talented…
EIIB-Rasmala announces results for 2014
European Islamic Investment Bank plc, the London-listed asset management and financing group focused on the growth markets of the Gulf…
Gulf Finance reports positive sentiment amongst the UAE SME sector in Q1 2015
Key Highlights * Improved payment collection indicating strong growth in economy * Higher orders demonstrates a much improved…
Standard Chartered to boost retail banking earnings to up to 50% of group’s operating income
Standard Chartered said it would focus on providing more financial services to wealthy individuals in some of the world’s fast-growing…