Basel III deposit challenge looms over Islamic banks
As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of…
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U.S. Investment Firm Ameriprise Financial Optimistic on Long-Term Potential of Islamic Finance
William Truscott, Chief Executive Officer of Global Asset Management at U.S. investment firm, Ameriprise Financial, is positive on the long-term…
Getting bigger: Emirates NBD plans to expand in Saudi
Dubai’s biggest bank, Emirates NBD, is looking to expand its presence in Saudi Arabia, its CEO Shayne Nelson has…
UAE stock brokers’ profit boosted amid Arabtec turmoil
The country’s stock brokerages recorded a substantial rise in profit during the second quarter amid market turmoil. Commission income…
Islamic banks outperform conventional peers
The Islamic banks in Qatar outpaced conventional banks in the country in terms of growth in net profit during the…
Quality Interiors Will Drive The Success of High-End Real Estate Projects in the UAE
Quality-driven interiors will be a determining factor of the success of upcoming high-end real estate projects, according to Downtown Design,…
UAE Central Bank fixes early home loan repayment charge at 1% of total outstanding…
Even though your mortgage contract in the UAE may specify early repayment charges of between 2 and 4 per cent…
Dubai Lender ENBD To Announce Plans For Tier 1 Bond Monday
Emirates NBD (ENBD), Dubai’s largest lender, will announce plans later on Monday to issue a capital-boosting bond, banking sources told…
CBI Ups SME Offering: Bank Allocates AED 1bn to support SMEs in the UAE
Commercial Bank International announced it has more than doubled financing to small and medium enterprises, allocating AED 1 billion in…
AlKhair Capital plus Sukuk Fund launched eyes investment in fixed income markets
AlKhair Capital plus Sukuk Fund launched; eyes investment in fixed income markets Sharia-compliant Fund aims to achieve mid- and…
Rising Level of Foreign Investment Leads to Higher Expectations of Improved IR Activities to Secure Investment
Fairvue Partners released its latest research paper on the changing dynamics of institutional investor interest in the GCC region, as…
KEB eyes expansion in Europe, Middle East
Korea Exchange Bank has set its eyes on overseas markets, particularly Europe and the Middle East, in an effort to…