Capital Intelligence affirms ratings of the National Commercial Bank
The rating is constrained by the bank's higher than average cost structure, its declining average capital ratios, and to some…
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Sukuk a big hit
The latest monthly issue of Sukuk Al Ijara short-term Islamic leasing bonds received added subscription of more than 378 per…
Azerbaijan, Saudi Arabia to sign double taxation avoidance agreement
Azerbaijan and Saudi Arabia plan to sign an agreement on the avoidance of double taxation, as well as tax evasion,…
Shariah Saunas by Damac Boost Dubai Global Push: Islamic Finance
Damac Real Estate Development Ltd. is bolstering Dubai’s drive to lead the global Islamic economy with serviced apartments that are…
Mint Middle East signs technology partnership agreement with S2M
Mr. Abdul Razzak Al Abdullah, Chairman of MINT Middle East said: “Our decision to partner with S2M was based on…
Islamic Development Bank approves $671 million project funding
An IDB statement said the Executive Directors approved $312.8 million to finance electricity projects in Egypt and Senegal; $110 million…
National Bank of Greece to Sell Stake in Turkey’s Finansbank
National Bank of Greece SA, the country’s biggest lender, plans to sell a stake in Istanbul-based Finansbank AS as demand…
Emirates Money Named Best Non-Bank Consumer Finance Business
Emirates Money, the consumer finance arm of Emirates NBD, a leading bank in the region, today announced that it had…
UAE banks wooing property owners to go for more
Property owners in Dubai who are keen to acquire another in the city needn’t be too concerned about how to…
BNP Paribas 'could pay $3bn to resolve Iran claims'
BNP Paribas is in talks with US authorities to pay more than $3bn to resolve probes into whether the French…
Fortress Investments hails Dubai’s move to study setting up Islamic Exim Bank
Fortress Investments hails Dubai’s move to study setting up Islamic Exim Bank. “Exim Bank is by definition an institution…
Morocco Islamic Finance 2014: Unlocking the Kingdom's Potential
IFAAS, the international consultancy specialising in Islamic finance, today announced that it had acted as the Survey Executive Partner on…