New push to promote Islamic microfinance
Islamic microfinance is an effective tool for poverty alleviation and it should be introduced around the globe, according to Social…
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BankDhofar Profit Swells
BankDhofar yesterday announced a phenomenal 70.8 per cent growth in net profit for the first nine months of 2013 at…
New Finance Head joins Citi EMEA
Paul Hanley has been appointed by Citi as prime finance head of sales and capital introduction for Europe, the Middle…
Standard Chartered picks up UAE mandate
Standard Chartered has picked up a custody and fund administration mandate with Al Mal Capital, an investment institution in the…
New iMAL with Enhanced Security and Customizable User Interface
Path Solutions have announced the immediate availability of its next generation Islamic Banking and Investment System. iMAL 12.9 is built…
Experts urge Gulf Arab region not to "write off" India
Despite the weakness of the Rupee amid India's ongoing economic uncertainty, economists and decision makers in Dubai warn the Gulf…
Bahrain Showcases Banking Sector in Washington
A Glittering Reception on the sidelines of the annual World Bank/IMF meetings in Washington DC successfully showcased Bahrain's banking and…
Ithmaar Announces Key Appointments
Ithmaar Bank, a Bahrain-based licensed Islamic retail lender, has announced three key appointments in its management structure. As part…
Towers Watson Appoints New Executive Compensation Lead in Dubai
Towers Watson has appointed a new senior executive, Richard Lamptey, to its UAE team to support the growth of the…
Qatar National Bank Profit Jumps 14.1%
Qatar National Bank Group reported a 7.1 billion Qatari riyal net profit for the nine months ending September 20, 2013.…
Arqaam Capital to Expand Into Sub-Saharan and East Africa Nations
Arqaam Capital, the Dubai-based regional investment bank, is targeting opportunities in sub-Saharan Africa and East Africa markets along with its…
IMF Says Jordan Weathering 'Tougher' Outside Shocks
The International Monetary Fund on Saturday praised Jordan's progress in an IMF loan-supported program despite increasing outside shocks, notably from…