Bahrain's banking liquidity remains strong
Commercial bank lending in Bahrain is expected to pick up after a slump, and the plunge of oil prices is…
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CBB's Governor: Bahrain doesn't impose taxes on investments
The Central Bank of Bahrain Governor Rasheed Al Maraj said the drop in oil prices had not affected liquidity in…
Dubai developers out to prove a point in London
A bunch of Dubai-based developers are not waiting around for overseas investors to come calling on them here. Instead, they…
Bahrain Central Bank Chief “Worried” About Banks’ Profitability
Bahrain’s central bank governor has warned of a possible slowdown in economic activity in the Gulf state due to the…
ABC Islamic Bank Announces 23 per cent Increase in 2014 Year-End Net Profit of $15.1 Million
Total operating income rose to $22.2 million, increase of 22.7 per cent over last year, positively covering a 22.4 per…
Bahrain's GFH plans $230m sukuk to fund acquisitions
The bank sold $170 million of convertible sukuk murabaha last year to raise money for the investments, Ahmed Khalil al-Mutawa…
Islamic Development Bank picks arrangers for dollar sukuk offering
The AAA-rated IDB has picked nine banks to arrange investor meetings in the Middle East and Asia, it showed, adding…
ADIB hosts 2015 Investment Outlook Seminars
Abu Dhabi Islamic Bank’s (ADIB) Private Banking Group recently held a series of seminars for its high net worth customers…
Sharjah Islamic Bank opens its latest branch in Mussafah Abu Dhabi
HE Mohammed Hilal Al Muhairi, Director General of Abu Dhabi Chamber of Commerce and Industry , yesterday opened the latest…
SEC Boss, Gwarzo, to Lead Regulators in Africa, Middle East
IOSCO is recognised as the leading international policy forum for securities regulators. The organisation’s membership, including SEC, Nigeria, regulates more…
Dubai financial zone adjusting regulation to boost wealth managers
Dubai is adjusting regulation of investment firms that handle the money of wealthy people in its financial free zone, a…
Israel becomes 20th central bank to cut rates this year
The Bank of Israel's decision to cut its benchmark interest rate on Monday has meant it has joined a wave…