EIPR comments on new Swiss law to freeze, seize and recover smuggled assets
The Egyptian Initiative for Personal Rights first commented last May on new laws being considered in Switzerland to freeze and…
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UAE seen to rise in asset wealth rankings
The UAE is expected to be the highest climber over the coming decade as its built asset wealth is expected…
Bank Muscat moves higher in rankings
Bank Muscat, the leading financial institution in the Sultanate, has moved up notches to a creditable 338th ranking compared to…
Islamic Development Bank opens office in Ankara
Islamic Development Bank opened its Turkish office in Ankara with the participation of Turkish President Abdullah Gül and Deputy Prime…
Credit Suisse, Qatar Venture to Start Foreign Operation
Aventicum Capital Management, the joint venture of Credit Suisse Group AG and Qatar Holding, plans to begin international operations by…
AlBaraka Turk inks $430m Deal
AlBaraka Turk, the Turkish subsidiary of Bahrain-based Islamic lender Al Baraka Bank, has signed a financing facility worth $430 million,…
Qatar Islamic Banks Set to Outpace Rivals
Growth of Shariah-compliant banks in Qatar is poised to outpace that of the UAE lenders as borrowing rises amid $200bn…
Bankdhofar Launches Mobile Banking Services
BankDhofar announced the launch of its mobile banking service marking the start of a new era of innovative banking services…
Ajman Bank Taps Into ITS Global Financial Solutions
International Turnkey Systems have announced a new client partnership with Ajman Bank , the first Shari'a based Islamic bank to…
Commerzbank Sees Islamic Market Vexing Babacan: Turkey Credit
Turkey should consider selling more Shariah-compliant sovereign debt as a syndicated Islamic loan taken by the local unit of a…
DST Global Solutions upgrades Anova
DST Global Solutions have announced the release of Anova 3.0, the latest stage in the firm's continuing investment in its…
NBAD signs deal with Deutsche Bank for use of Guaranteed US Plus service
The National Bank of Abu Dhabi (NBAD) today signed a Memorandum of Understanding with Deutsche Bank to use its Guaranteed…