India insurance giant to focus on ‘takaful’ to boost Mena growth
India’s General Insurance Corp, the 15th largest re-insurer in the world, is planning to convert its Dubai office into a…
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Saudi tycoon planning more hotels in Europe
Saudi industrialist Sheikh Mohamed bin Issa Al Jaber plans to expand his luxury-hotel holdings in Portugal and elsewhere in Europe…
Prince Alwaleed Receives Citigroup's CEO Mike Corbat
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company received in his office in Riyadh Mr.…
Burgan Bank Group wins "Best Banking Group in MENA" award
Burgan Bank Group announced that it has won the 'Best Banking Group in MENA' award for the second consecutive year…
Forbes Middle East Announces the Most Influential Arab Women in Government and Family Business
Arab women are playing increasingly prominent roles in driving the region's economies and societies into the future. With each passing…
DIB lures with sukuk to avert Moody’s cut
Dubai Islamic Bank may pay more than twice the Arabian Gulf average on Sharia-compliant debt for its first perpetual sukuk…
Dubai's Shuaa Capital appoints chief investment officer
Shuaa Capital has appointed Sabah al-Binali as chief investment officer, the investment bank said on Monday. Binali will also be…
ADIB named Best UAE Islamic Bank and Receives Best Islamic Finance Deal
Euromoney magazine has named Abu Dhabi Islamic Bank as the “Best Islamic Bank in the UAE” and awarded the top-tier…
Sovereign wealth suitors woo Sarkozy
Nicolas Sarkozy is being wooed by sovereign wealth funds including Qatar's who are ready to back him to start a…
GCC banking robust; assets hit $1.4 trillion
Higher energy prices and increased hydrocarbons production have provided for large public spending programs, which have increased the asset growth…
Aston Martin Owner to Sell Bahrain Bank Stake on Debt Revamp
Investment Dar accepted an offer from National Bank of Bahrain and a state-run Social Insurance Organization Asset Management Co. to…
Bahrain firm starts fund management services
Fakhro Karvy Computershare, a pioneer in registrar and transfer agency services in Bahrain, has announced the launch of its fund…