Trade and investment: Asia has competitive edge over GCC
The Gulf Cooperation Council (GCC) countries presented a strong business environment in the last few years, according to the Economist…
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GCC on right track toward 'sustainable development'
The use of technology in the public sector, the increasing appetite for alternative investments, achieving capital efficiencies and cost savings…
Korea, Dubai state fund to seek joint investment
The Export-Import Bank of Korea will partner with a Dubai state fund to make a joint investment in the Middle…
ADCB Launches Commercial Offshore Banking Products
Abu Dhabi Commercial Bank ( ADCB ) announced today the launch of commercial offshore banking products through its Jersey branch.…
StanChart Says Foreign Banks Struggle to Compete in Saudi
Local lenders in Saudi Arabia are dominating the market, prompting overseas banks to surrender their licenses as they struggle to…
Doha Bank named 'The Best Commercial Bank in the Middle East 2014' at the Global Banking and Finance Awards 2014
Dr. R Seetharaman, Group Chief Executive Officer of Doha Bank said, "We are honored to receive this recognition. The…
United Arab Emirates to open bank in Serbia
The Executive Board of the National Bank of Serbia (NBS) gave the preliminary approval for the foundation of a bank…
Beltone manages EGP100m Misr Insurance investment fund
Asset management company Beltone Financial will be managing a EGP 100m investment fund for Misr Insurance Holding Company, state-run…
KFH RESEARCH wins Best Islamic Finance Research House
Kuwait Finance House Research (KFH Research), Kuwait, won two much coveted Islamic Finance Leadership Awards from The Asset Triple A…
New opportunities open for Islamic banking in Bahrain
With a strong and well established financial services sector, Bahrain’s role in expanding the global reach of sharia-compliant financing looks…
The SME Gap In Islamic Financing
For most parts, the boom in Islamic finance within the GCC and indeed in North Africa and South Asia has…
Number of millionaires in Turkey increases
Some 70,714 Turkish citizens have over one million Turkish liras on their accounts, Anadolu news agency said Aug. 15 citing…