Bahrain central bank finalising rules for Islamic advisory firms
Bahrain's central bank is finalising rules for the supervision of sharia-compliant advisory firms, part of a wider overhaul of standards…
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Attijariwafa bank Middle East wins the Banker Magazine and the TMT Finance Deal of the Year 2014
The DIFC based subsidiary of Attijariwafa bank Group has won two of the most prestigious awards in the MENA region…
Qatari lender Al Khaliji says CEO McCall resigning for personal reasons
The chief executive of Al Khaliji Commercial Bank has resigned for personal reasons, the Qatari lender said on Monday. …
Bahraini bank Al Baraka plans sukuk in South Africa, Pakistan
Bahrain-based Al Baraka Banking Group said it is considering issuing subordinated Islamic bonds through its South African and Pakistani units…
Consumers welcome UAE credit bureau plans
Readers were optimistic about the launch of the Al Etihad Credit Bureau in the UAE, as it meant better service…
UAE’s status upgrade could open pool of investor capital
MSCI is no longer part of Morgan Stanley but is a worldwide, influential and leading provider of investment decision support…
Dubai index dips despite Arabtec rise
The Dubai Financial Market index slipped 45 points on Sunday to close 0.87 per cent down at 5,135.95, even though…
Saudi's Dar Al Arkan to hold investor call Tuesday, eyes sukuk
Saudi Arabia's Dar Al Arkan Real Estate Development Co will hold talks with international investors on Tuesday as it attempts…
GIB raises SAR2 billion bond issue
Gulf International Bank, rated A, successfully completed its senior unsecured SAR2 billion 5-year Floating Rate Notes issuance. The notes…
Alizz Islamic Bank wins ‘Best Branch Automation’ award
Alizz islamic bank SAOG, Oman’s newest Islamic Bank today announced that it has won the ‘‘Best Branch Automation Project Award…
Draft on opening Tadawul to foreigners under study
Saudi Arabia’s stock market is one step away from gaining approval to allow direct foreign investment into equities, sources with…
ADIB-Barclays deal in second half of 2014
Abu Dhabi Islamic Bank, or ADIB, is expected to conclude its retail business deal with Barclays in the second half…