Barclays Bank reaping Asia-Middle East synergies
Barclays Bank has discovered a strong appetite from Middle East clients for the type of wealth accumulation products popular in…
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Capital Banking Solutions Collaborates With Alraya Consulting and Training to Educate Egyptian Banks on FATCA Compliance Requirements
Capital Banking Solutions, a provider of FATCA Compliance software, today announces its partnership with Alraya Consulting and Training Ltd in…
Moody’s affirmation reflects Int’l Islamic strength: CEO
International Islamic CEO Abdulbasit A al-Shaibei has said recent Moody’s recent affirmation of the bank ratings with a positive outlook…
Al Baraka Islamic Bank launches key promotion
Al Baraka Islamic Bank has launched a new promotional campaign in collaboration with Harley-Davidson Motorcycle Bahrain. Competitive financing profit,…
Bahrain clarifies Basel III capital rules, eyes 2015 rollout
Bahrain has become the first country in the Gulf outside Saudi Arabia to clarify its treatment of capital-boosting instruments under…
Funds to cut UAE, Qatar exposure after MSCI upgrade -survey
A substantial number of Middle East funds intend to cut their exposure to stocks in the United Arab Emirates and Qatar,…
Barclays to boost workforce, lending in Dubai
Barclays will boost hiring and increase lending at its corporate banking business in Dubai as the UK’s second-largest bank by…
Al Baraka eyes capital hike to expand Islamic financing
Al Baraka Bank Egypt, a joint-stock company, is seeking to increase its paid-up capital to EGP 1 billion (USD 140…
Dubai Chamber identifies opportunities in Iraq’s Islamic finance sector
Dubai Chamber of Commerce and Industry urged Iraqi banks and financial companies to expand their networks within the Islamic economy…
AAOIFI's secretary general quits
H. E. Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman of Board of Trustees of Accounting and Auditing Organisation for Islamic…
NCR Corporation and Alizz Islamic Bank Win 'Best Branch Automation' Award
Alizz Islamic Bank SAOG, Oman's newest Islamic Bank, today announced that it has jointly won the "Best Branch Automation Project…
Al Hilal Bank deploys Infosys Finacle E-banking solution
Al Hilal Bank has successfully implemented the Infosys Finacle e-Banking solution, enabling the Shari’ah-compliant bank to provide a full range…