Millionaires in United Arab Emirates soar
The Number of millionaires living in the United Arab Emirates has soared by 60 per cent since 2007 despite the…
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Australia's Waratah Resources to launch Islamic commodities venture
Sydney-based Waratah Resources Limited plans to launch an Islamic commodities trading business as it shifts focus from Asian markets to…
ADCB launches an app for Apple Watch
Abu Dhabi Commercial Bank has launched a new app for Apple Watch, which launches on April 24. The app…
Turkey's Alkhair Capital plans expansion, eyes Islamic bond advisory
Turkish Islamic asset manager Alkhair Capital plans to launch new funds this year and will start a service to advise…
Russia, Norway and Egypt join China's new Asian bank
Russia, Norway and Egypt have been admitted as founder members to the Chinese-initiated Asian Infrastructure and Investment Bank, the Finance…
Islamic ETFs adding potential to portfolios
Triggered by rapidly growing demand for Islamic financial instruments, Shariah-compliant exchange-traded funds (Islamic ETFs, or iETFs) are beginning to add…
Qatar invests $4.9bn globally in 2014
Qatar was the largest source of Middle Eastern capital in 2014, with $4.9bn invested globally, according to CBRE’s “Middle East…
National Bank of Abu Dhabi Oman appoints key executive
The National Bank of Abu Dhabi (NBAD) Oman has appointed Ali Bin Qassim Al Lawati as chief operating officer. In…
Stallion Group Forges Ahead With Africa Expansion
Multinational conglomerate Stallion Group is poised for growth through large-scale investments in the African continent across several key growth sectors.…
Asia’s global investment bank appointments EMEA Chief
Nomura, Asia’s global investment bank, has announced that UK regulators have formally approved the appointment of Jonathan Lewis as Chief…
Deutsche Bank fined $8.4m by Dubai regulator
The Dubai Financial Services Authority ("DFSA"), announced today, that it has fined the DIFC branch of Deutsche Bank AG…
Saudis’ Silence Frustrates Foreigners on Eve of Bourse Open
Investors are no closer to understanding how the opening of Saudi Arabia’s stock market will work than they were in…