FAAIF Introduces the Dubai World Islamic Finance Arbitration Center in Europe
Camille Paldi, CEO of FAAIF introduces a proposal for a dispute resolution mechanism for the Islamic finance industry, namely, DWIFAC,…
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Qatar moves to increase business regulation
Qatar has approved draft legislation that increases the regulatory burden on small businesses, weeks after the Gulf state fell 11…
Taxpayers From U.K. to Korea Take On Risk to Build Up Dubai
When travelers breeze though Dubai’s expanded Al Maktoum International Airport in a few years, they’ll probably have the British taxpayer…
Commercial Bank of Kuwait appoints Mahfouz as CEO
Kuwait's Central Bank has approved the appointment of Elham Yousri Mahfouz as chief executive officer of Commercial Bank of Kuwait,…
Volatile oil prices will not affect Qatar wealth fund strategy – CEO
Volatile oil prices will not force the Qatar Investment Authority (QIA) to change its investment strategy, the sovereign wealth fund's…
Why UAE banks are about to come head to head with Google, Facebook, and Amazon
Internet platforms like Facebook, Google and Amazon are developing banking products that will probably become future foreign competition for the…
Turkish optimism defies difficult backdrop, says Schroders
Despite, or perhaps because of, Turkey’s status as one of the original “Fragile Five” and the continued focus on its…
Reviving Mideast private equity market draws international interest
The Middle East's private equity market is trying to put its Wild West days behind it, drawing big international players…
Private net wealth in Lebanon at $91B, 11th highest in MENA
The total net wealth of the Lebanese was estimated at $91.1 billion at the end of June of this year,…
Urgent need for training bankers in Islamic finance
With Islamic finance and Islamic financial products growing popular worldwide, there is an urgent need for training bankers in IF…
DenizBank is Named the Most Innovative Bank of the Year
DenizBank was bestowed with the "Most Innovative Bank of the Year" award at 2014 BAI Banking Innovation Awards, granted by…
Kuwait Central Bank: No Restrictions On Foreign Derivatives Trading
Kuwaiti banks must comply with regulatory guidelines when trading derivatives but are not otherwise restricted from doing so, the central…