37 government entities to connect to ADERP system
A total of 37 local government entities will be connected to the Abu Dhabi ERP system by the end of…
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Turkey's Garanti Bank sees future of banking defined by mobility
The banking industry has embraced mobility in a big way in many foreign markets, including Turkey, where Garanti Bank pays…
Dubai plans tallest twin towers in the world
Dubai’s Emaar Properties has unveiled the master plan for its massive Dubai Creek Harbour scheme, and it includes what the…
All Change Once More In Libya. Just Who Runs Its $65 Billion Wealth Fund?
Regular readers of this blog will know of the travails of the Libyan Investment Authority, the sovereign wealth fund entrusted…
Islamic finance will become a norm in near future: Experts
Islamic finance will become a norm rather than an alternative — as it is currently — in the near future,…
Islamic banks can play a big role in trade finance
Islamic banks have big opportunities to offer innovative solutions in trade finance and funding of small and medium enterprises (SMEs)…
Dubai Islamic Bank net profit rises
Dubai Islamic Bank posted a 55.7 percent rise in third-quarter net profit, helped by a jump in income from Islamic…
Saudi Arabia’s Kingdom Holding Q3 Net Profit Rises 20.5%
Saudi Arabia’s Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 20.5 per cent rise…
SGX's chief regulatory officer leaving to join Abu Dhabi Global Market (Amended)
SINGAPORE Exchange (SGX) chief regulatory officer Richard Teng has resigned, less than a year after being promoted, to become chief…
Wealth growth in the GCC has outpaced global growth since 2000
The Credit Suisse Research Institute today released its fifth annual Global Wealth Report, which finds that from mid-2013 to mid-2014…
Kuwait’s Burgan Bank Gets Regulator Approval For $74.8m Rights Issue
Burgan Bank, Kuwait’s third-largest lender by assets, has received regulatory approval to launch a KD21.6 million rights issue by the…
Maisarah enhances Partnership With Ethica Institute In Dubai
Maisarah Islamic Banking Services, announced enhancement of its partnership with Ethica Institute. Maisarah, a pioneer in providing customers with Sharia’a-compliant…