ICD signs a MoU with The Saudi Egyptian Business Council
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, and…
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Banks run risk of missing digital wave in UAE!
We live in a world that is fast changing, especially with individual behaviour impacted significantly by the three vectors of…
International law firm announces new hires to cater for the growth in Islamic economy
Charles Russell, an international law firm with offices in Bahrain and Qatar, has announced a number of appointments as part…
UAE Minister of Economy talks investment with Russia
The Minister of Economy will head a delegation of senior government and business officials to Russia later this week as…
Emirates NBD unveils new wealth solutions strategy
Emirates NBD took its Priority Banking services to the next level and unveiled a dynamic wealth solutions strategy for its…
Saudi mall owner Othaim plans debut local currency sukuk
Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, plans to issue…
Al Hilal Bank deploys award-winning Finacle e-banking solution
Al Hilal Bank, one of the fastest-growing banks in the UAE, has announced that it has successfully implemented the award-winning…
UAE's budget surplus falls 6% to $64.7bn
The UAE's current account surplus fell 6.2 percent to AED237.6 billion ($64.7 billion) in 2013 because of outflows in the…
Deutsche Bank Research: Regulatory approval for 49% foreign ownership to proof positive for Qatari stocks
The new directive issued by Qatar's Emir Sheikh Tamim bin Hamad Al-Thani to raise foreign ownership in Qatari stocks by…
NBE's Investments in Egypt's Debt Instruments Hit EGP160billion
NBE ranked first in the primary market dealers and secondary in treasury bills, Secondly, Commercial International Bank (CIB), Thirdly Arab…
Oman-India fund to raise $350 million
The Oman India Joint Investment Fund (OIJIF) will be raising about $350 million for a new fund, two people close…
REDmoney Group, IDCORP launch pioneering new Islamic banking product
REDmoney Group, in collaboration with leading software solutions provider IDCORP, has unveiled the Islamic Banking Intelligence (IBI): a one-stop source…