Islamic banking and capital markets to develop hand in hand
As Dubai aspires to become the global hub for Islamic economy, Islamic banking and Islamic capital markets are expected to…
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JIB posts US$ 46.83 million in profits after tax for the third quarter of 2014
Jordan Islamic Bank (JIB), a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), has announced the financial results…
Islamic economy initiative to boost Islamic financial services — and vice versa
The concept of developing an Islamic economy is closely linked to development of Islamic banking and Islamic finance and related…
Banque Internationale à Luxembourg opens first branch in Dubai
Banque Internationale à Luxembourg, founded in 1856 and the oldest private bank in the Grand Duchy of Luxembourg, today inaugurated…
Emaar and Dubai Holding unveil first luxury residential project in 'Dubai Creek Harbour at The Lagoons'
The unmatched serenity of waterfront living along the historic Dubai Creek and spectacular vistas of the city's glistening skyline differentiate…
FGB’s Nine-Month Net Profit Up By 21% To A Record AED 4,105 Million Total Assets Cross The AED 200 Billion Mark
FGB, one of the leading banks in the UAE, announced its financial results for the first nine months of 2014…
Opportunities abundant in Islamic finance
Financially the Middle East region is burgeoning and is challenging traditional financial centres as the major focus for Islamic Finance.…
Strong nine months financial performance by Mashreq achieves 35% increase in Net Profit
•Net Profit increase to AED 1.76 billion up 35% YoY •Operating Income up 24% to AED 4.3 billion…
Deloitte named a leader in Global Risk Management Consulting services by Gartner
Deloitte Touche Tohmatsu (Deloitte Global) has announced that Deloitte has been named a "leader" in Global Risk Management Consulting services…
Islamic finance grows faster than conventional banking
“Islamic finance is growing at twice the rate of the traditional banking industry in its core markets, which include Malaysia,…
Nedbank Private Wealth shortlisted for the inaugural GCC region awards
Nedbank Private Wealth, a leading international wealth provider and part of the Old Mutual Group, announced that it has been…
Strauss-Kahn's business partner dies in apparent suicide in Tel Aviv
A French-Israeli business partner of disgraced International Monetary Fund chief Dominique Strauss-Kahn died on Thursday, reportedly by jumping off the…