More government support needed for Islamic institutions in the UAE
Dubai’s initiative to make the emirate the hub of Islamic economy has seen bin surge in Islamic banking and capital…
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PwC "Voice of the customer" survey provides insights on growth strategies for Islamic Banks
Islamic banks may be missing a huge opportunity within the Muslim population due to a perception gap, according to a…
Bank of China and DME announce partnership agreement
Bank of China and DME today signed a Memorandum of Understanding to strengthen their cooperation in offering innovative finance solutions…
Emirates NBD Manchester United Cards named 'Best Co-brand Program' at MasterCard Innovation Forum
Emirates NBD has announced that the Emirates NBD - Manchester United partnership was awarded the 'Best Co-brand. Programme'at the…
Top Saudi banks post double digit net income growth in third quarter
Leading Saudi Arabia based banks reported double-digit growth in net profits in the third quarter of 2014. While Banque…
Dubai Investments net profit increases 87 per cent for 9M 2014
Total income increased to AED 2.4 billion for the nine month period ended 30th September 2014, as against AED 1.9…
National Bank of Umm al Qaiwain (NBQ) reports nine months' profit up four per cent
Net profit for the first nine months of the year for NBQ was AED 286.4 million, up four per cent.…
ICAEW: GCC companies must prepare for introduction of new financial reporting standards
The recent completion of two major and long-running projects to update financial reporting of revenue recognition and financial instruments will…
ABK achieves 8.3% growth in profits
Ahmed Yousuf Behbehani, the Chairman of the Board of Al-Ahli Bank of Kuwait announced that ABK achieved a net profit…
UAE's Union National Bank Q3 profit rises 22 pct, beats estimates
Union National Bank Abu Dhabi's fifth-largest listed lender by assets, reported a 22 percent rise in third-quarter net profit on…
Qatari's look set to get hands on HSBC's headquarters in London's Canary Wharf
They own Harrods, the Shard and part of Barclays, Sainsbury’s and the London Stock Exchange. Now the Qatari’s look…
ADCB Islamic Banking partners with the World Islamic Economic Forum
Abu Dhabi Commercial Bank 's Islamic Banking announced today its strategic partnership with the 10th World Islamic Economic Forum. …