Egypt sovereign sukuk law still mired in uncertainty
Development of Egypt's Islamic economy continues to be hampered by ambiguity surrounding sukuk, and greater legislative and political clarity is…
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Mohammed Al Fardan Group Announces Joint Venture with Sustainable Wealth and Asia Plantation Capital in Bahrain
Mohammed Al Fardan, Chairman of the Al Fardan Group in Bahrain has announced a major joint venture with Sustainable Wealth…
Abu Dhabi Buyout Firm Gulf Capital Said to Consider IPO on Rally
Gulf Capital, an Abu Dhabi-based private-equity firm, is considering an initial public offering in what would be the U.A.E.’s first…
Omani banks post higher growth in first half
The revenue of banks listed on the Muscat Securities Market for the first half of 2014 has been estimated at…
Oman's Bank Muscat posts 22 pct jump in Q2 net profit
Bank Muscat, Oman's largest lender, posted a 22.3 percent increase in its second-quarter net profit on Thursday, beating analyst estimates.…
Qatar’s Doha Bank Q2 net profit up 9.9pc
Doha Bank, Qatar's fourth largest lender by assets, posted a 9.9 percent rise in second-quarter net profit on Thursday, in…
Kuwait's NBK Q2 profit rises 29 pct, misses estimates
National Bank of Kuwait , the Gulf Arab state's largest commercial lender, reported a 29 percent rise in second-quarter profit…
Deloitte appoints new Managing Partner for its Bahrain practice
The Deloitte Bahrain practice has a long history in the country serving international and local clients. It began operations…
NBAD Appoints Head of Syndicated Finance
The National Bank of Abu Dhabi has appointed Jonathan Macdonald as the Managing Director and Head of Syndicated Finance; to…
Gulf investors snap up London properties
Middle Eastern investors are increasingly showing appetite for London real estate and snapping up houses in some of the British…
Islamic Finance: Dominating The Global Banking Industry
The Islamic financial industry is flourishing – and not just in the Middle East. Barry Cosgrave, senior associate in the…
World Bank launches a Survey on Lebanon's and Tunisia's High-Skilled Diaspora Returnees
As part of a new project, Integrating the Middle East and North Africa (i-MENA) aiming to foster MENA global integration,…