Israel Latest Country to Sign Tax-Evasion Agreement With U.S.
Israel has joined 80 other countries in signing an agreement with the U.S. government on fighting offshore tax evasion, the…
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BNP to Standard Chartered Toppled as Arab Deals Go Local
Saudi Arabia’s Samba Capital replaced HSBC Holdings Plc as the region’s top syndicated loan arranger in the period, while Standard…
Aseel Islamic Finance launches Business Finance solution for SMEs
The new product will support small businesses in managing their cash flow efficiently and give them the freedom to take…
Pro-Gülen Islamic lender denies ending sales talks with Qatari bank
Turkish Islamic lender Bank Asya, which has been the subject of focus due to its owner’s known links with Islamic…
MIDEAST DEBT-Gulf banks start to muscle in on global bond deals
Gulf banks beginning to compete with Western ones Growth has helped them boost technical expertise Pressure on regional fees encourages…
Noor Bank announces new Head of Marketing and Corporate Communication
Noor Bank has announced the appointment of Paul Mampilli as Head of Marketing and Corporate Communication. In his role, Paul…
Abu Dhabi Sovereign Wealth Fund Targets Chinese Growth
The Abu Dhabi Investment Authority, one of the world's biggest sovereign wealth funds, kept target asset-allocation ranges constant last year…
OFFTEC Announces Strategic Partnership with Polaris Financial Technology Limited
OFFTEC, a subsidiary of OFFTEC Holding Group, has announced its strategic partnership with Polaris Financial Technology Limited (Polaris), a global…
New product launched by KFH-Bahrain
Kuwait Finance House - Bahrain yesterday announced the launch of a new personal financing product based on a Sharia compliant…
GCC: Banking assets surge 12.2% to $1.1 trillion in first quarter
Driven by UAE banks, net profits of GCC lenders jumped 9.3 per cent year on year in the first quarter…
24% licensed firms at QFC are domestic
Domestic firms make up 24 percent of active licensed firms at Qatar Financial Centre (Authority). In 2013, 29 percent of…
NBAD launches liquidity management fund
he National Bank of Abu Dhabi ( NBAD ) has launched the Cash Plus Fund, a fund designed to offer…