Dubai Islamic Bank provides AED 360 million financing facility to Union Properties
Dubai Islamic Bank, the largest Islamic Bank in the UAE, has announced today that it has signed an agreement with…
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Middle East Proves a Bright Spot for HSBC
With the largest presence of any international bank in the Middle East, HSBC’s results usually serve as a good indicator…
National Bank of Kuwait says consumer banking head resigns
National Bank of Kuwait, the Gulf Arab state's largest commercial lender, said in a bourse statement on Monday that its…
Reforms will make UAE stock market listings more competitive
With new rules introduced last month by the Ministry of Economy, observers say an important step has been taken towards…
CBK Posts Net Profit Of KD 13.2 Mln In H1
The first half of 2014 earned Commercial Bank of Kuwait an operating profit of KD 49.6 million, before provisions (KD…
Oman's ahlibank net profit jumps
ahlibank, a leading financial services provider in the Sultanate, has achieved a net profit of OMR13.1 million in the first…
Marsa Abu Dhabi to market EALB's EGP2.7bn assets in Gulf next Sept
Marsa Abu Dhabi Properties LLC will be marketing within next September EGP 2.7 billion of assets owned by the Egyptian…
Path Solutions is the 2014 Global Winner of the CFI.co Award for 'Best Sharia-Compliant Banking Systems'
Path Solutions is proud to announce that its flagship product iMAL, has been named winner of the CFI.co 2014 Awards…
GCC eyes diversification with key projects push
Higher capital expenditure on projects in GCC countries is underpinned by sustainable development and diversification, analysis by Qatar National Bank…
Institutions, individual investors can bank on sukuk structure
Since 2003, the global sukuk market has been experiencing a steady pace of growth. The Islamic finance assets could reach…
Al Hilal Banks Ramadan Jood Bil Khair campaign donates AED 1 million to over 10 UAE charities
Al Hilal Bank, the progressive Islamic bank, once again celebrated Ramadan with a special campaign called 'Jood Bil Khair' ('do…
Abu Dhabi's Aldar Properties Q2 net profit jumps
Aldar Properties , Abu Dhabi's largest real estate developer, reported a jump in its second-quarter net profit on Sunday, after…