Mohammed honours winners of 2nd Islamic Economy Award
His Highness Sheikh Mohammed bin Rashid Al Maktoum,Vice-President and Prime Minister of the UAE and Ruler of Dubai, honoured on…
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Fydubai lists $500 million sukuk on Nasdaq Dubai
Nasdaq Dubai said on Wednesday flydubai listed its $500 million (Dh1.8 billion) sukuk on its exchange. This is the…
Israel’s Bank Leumi Under Investigation After $400 Million Settlement with USA
Israel’s Attorney-General Yehuda Weinstein has formed a task force to look into the Bank Leumi affair. Bank Leumi, Israel’s second…
IBQ wins ‘Best Retail Customer Service’ award
International Bank of Qatar (IBQ) has won Banker Middle East’s “Best Retail Customer Service” in Qatar award during the Banking…
Career banker-turned-entrepreneur sees opportunity in Lebanon's banking sector
While financial tech is a fast growing sector globally, there is still room for growth in Lebanon. While many…
Dubai Islamic Bank sets IPT in 7 pct area for Tier 1 sukuk
Dubai Islamic Bank will price a Tier 1 U.S. dollar sukuk offer as early as on Wednesday after releasing price…
Banque Saudi Fransi posts robust net profit for 2014
Banque Saudi Fransi (BSF) has announced a robust net profit for 2014. BSF’s net profit for the year ended…
Saudi Hollandi Bank Q4 net profit rises 33 percent
Saudi Hollandi Bank beat analyst expectations after posting a 33 percent rise in fourth-quarter net profit on the back of…
Saudi Arabia, Tajikistan To Join Beijing-Backed Development Bank
The entry brings the total number of founder nations intending to join the $50-billion bank to 26, officials said. …
Emerging EMEA: DIB opens Middle East primary
After Latin America’s primary market opened yesterday with a US$2bn dual-tranche offering from Mexico, it’s the Middle East’s turn today.…
Dentons wins ‘Cross Border Deal of the Year’ and ‘Qatar Deal of the Year’ at Islamic Finance news Awards 2014
Dentons has won two significant awards at the IFN Deals of the Year 2014, which recognize the excellence, achievement and…
QNB Q4 net profit up 5.5 pct
QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, continued…