Saudi Islamic bank giant losing ground as its profit slides
The world’s biggest Islamic bank is losing ground to peers in Saudi Arabia, its home market, as slowing credit growth…
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EDB seeking to boost South Korea trade ties
The Economic Development Board is hosting a delegation of South Korean journalists from various high profile publications including financial ones…
GFH EGM approves USD500m sukuk
Gulf Finance House, the Bahrain-based Islamic investment bank, said its Extraordinary General Meeting approved issuance of sukuk of up to…
Bahraini banks to adopt Basel III standards
Bahraini banks will be fully ready to implement the Basel III international banking standards on new capital requirements by next…
Abu Dhabi fund get involved in Spire sale process
Abu Dhabi’s sovereign wealth fund is backing one of the bids put forward for the acquisition of Spire Healthcare. …
Bahrain banking sector 'resilient'
Bahraini banks will be fully ready to implement the Basel III international banking standards on new capital requirements by next…
Would you pay Dh202 million for this watch? Costliest in Dubai
Time is money indeed. For those who’ve got a few hundred thousand dirhams lying around in their weekly shopping kitty,…
Bird & Bird boosts Middle East presence with key appointments
Bird & Bird has announcd the appointment of Kelly Tymburski as a partner in its Middle East practice. Kelly…
Bahrain 'must launch banking ombudsman services'
A Bahraini businessman has called for the introduction of banking ombudsman services and an investor protection board as a precursor…
Gulf Finance House Plans Sukuk Issue
Bahrain-based Islamic investment bank, plans to issue a sukuk or arrange new debt facilities of up to $500 million, it…
Qatar, South Korea look to deepen market ties
Qatar and South Korea yesterday explored opportunities for investments and co-operation in the capital markets as part of their efforts…
First Gulf Bank Launches Inaugural Negotiable Certificate of Deposit Programme in Singapore
First Gulf Bank, one of the leading banks in the UAE, has concluded the creation of a Negotiable Certificate of…