Middle Eastern Wealth to Invest $180 Billion in Global Property Markets
According to global property advisor CBRE Group, Middle Eastern investors are expected to spend over $180 billion in commercial real…
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Emirates Islamic in bid to encourage digital banking platforms
Emirates Islamic announced the launch of a two-month campaign aimed at encouraging customers to increasingly use the bank’s digital banking…
Dubai’s Amlak Agrees $2.7 Billion Debt Deal With Creditors
Amlak Finance PJSC, the Dubai-based Islamic mortgage provider, has agreed to a $2.7 billion debt restructuring that may pave the…
Don’t cry for me || Israeli company may help Argentina to escape huge hedge fund debts
Black Cube, a business intelligence startup owned by Israelis, is negotiating with the government of Argentina for the hiring of…
Arab Bank Plc faces Hamas financing trial in U.S.
Arab Bank Plc goes on trial next week in New York over claims that it provided material support to the…
Banks in the Middle East seize opportunities for global expansion
According to Deloitte's latest report Banking across borders: International expansion opportunities for emerging markets-based banks, these banks which have the…
Kuwait International Bank net profit reaches KD8.9m
Kuwait International Bank said that its net profit reached KD8.9m in the first half of 2014 compared to KD 6m…
Royalty Rules On Wealth-X’s Middle East Rich List
Prince Alwaleed bin Talal tops Wealth-X’s Middle East Rich List with an estimated net worth of US$30 billion, ahead of…
Real Estate In Turkey A Hot Favorite With Gulf Investors
Real estate in Turkey has been in the limelight for some time now and it is all because of the…
NBAD First to Select New NCR Branch Transformation Technology in the Middle East
The National Bank of Abu Dhabi is the first financial institution in the Middle East to select NCR SelfServ 91,…
Khaleeji Commercial Bank Announces Second Quarter Financial Results
Khaleeji Commercial Bank (KHCB), a prominent Islamic retail Bank, announced its financial results for the second quarter of 2014 making…
Takaful chairman steps down
The Chairman of Islamic insurer Abu Dhabi National Takaful Co. (Takaful) resigned on Tuesday, according to a statement on the…