Court orders deportation of expatriates
The Misdemeanor Court, presided over by Judge Saud Al-Maimuni, sentenced a businessman and two expatriates to two years in prison…
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KFH-Bahrain Sells 3100 Residential Units from Diyar Al-Muharrq to Ministry of Housing for BD 276 mln
Diyar Al-Muharraq, a subsidiary of Kuwait Finance House Bahrain, and the Ministry of Housing signed a major agreement, under which…
NBK considering issuance of USD perpetual Additional Tier 1 securities
The transaction would be used to boost NBK’s capital as per Basel III requirements and the directives of the Central…
Noor Takaful Signs Banca Takaful Agreement with Ajman Bank
Noor Takaful , the Islamic insurance arm of Noor Investment Group, has signed a Banca Takaful agreement with Ajman Bank…
Burgan Bank Signs an Exclusive Partnership with Grand Cinemas
Burgan Bank announced today its partnership with Grand Cinemas, to offer its credit cardholders exclusive discounts when booking their movie…
Islamic banking assets to exceed $778 billion
According to EY's World Islamic Banking Competitiveness Report 2014-15: Participation Banking 2.0, Islamic banking assets with commercial banks in international…
The branch is dead! Long live the branch!
What's hot in retail banking for the next 12 months? We review what banks will be investing in to boost…
Oman Insurance Company provides advance payment to the Torch Tower’s owners
Following the fire that broke out in the building on Saturday February 21st, an indicative 81 apartments out of 676…
Bank Nizwa named 'Best Islamic Bank' In Oman for spearheading industry awareness
Bank Nizwa has been named 'Best Islamic Bank' in Oman at the 6th annual Islamic Finance Awards 2015, organized by…
Islamic banks to gain access to UAE central bank's Sharia-compliant lending facility
The Central Bank of the UAE has expanded its collateral range by broadening access to its Sharia-compliant short-term lending facility,…
DIFC highlights the role of international financial centres in economic growth at City Week 2015
Dubai International Financial Centre (DIFC) concluded its participation at the annual City Week forumin London underpinning its status as a…
Middle Eastern Private Banking continues to expand in 2015
There has been a significant rise in the hiring levels of Private Bankers to cover the Middle Eastern region, according…