Turkey, Qatar cited most Islamic finance friendly tax systems
Turkey and the Qatar Financial Centre have the most Islamic finance friendly tax systems out of eight countries in the…
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Less political risk and improved market liquidity are priorities for investors in the Middle East and North Africa
The MENA Asset Management Survey found that Investor sentiment is most positive towards the UAE, Saudi Arabia and Qatar, and…
DIFC looks to double number of companies
The Dubai International Financial Centre looks to double the number of companies over five years by serving as a base…
Bahrain woos international players with new takaful model
Bahrain’s insurance regulator hopes new regulations will make Bahrain the jurisdiction of choice for takaful and retakaful globally. Speaking to…
KFH predicts Sukuk growth by 30 pct this year
Sovereign Sukuk will continue to dominate, supported by emerging of new countries that issue Sukuk KFH-Research issued a report stating…
NBFCs may face competition from Islamic banks, say analysts
Oman's non-banking financial companies posted decent growth in income and profits in 2012. And analysts believe that the sector will…
EFG Hermes Asset Management Receives Top Honours at MENA Fund Manager Awards – English
EFG Hermes has won three MENA Fund Manager magazine awards recognizing its solid performance in 2012. The prestigious industry recognition…
G20 ‘determined’ to address tax evasion by multinational companies
The G20 group has expressed determination to crack down on multinational corporations seeking tax evasion in their home countries. The…
Here's How Long It Takes To Become A Millionaire In Different Countries
INFLATION may have ruined "How to marry a millionaire" as a good film title, but there is still something magical…
International private bank opens office at DIFC
LGT Group, the international private banking and asset management group, has announced the opening of its first office in Dubai…
India looks to UAE sovereign wealth fund for infrastructure investments
India is wooing some of the world's largest sovereign wealth funds, including the Abu Dhabi Investment Authority, as the private…
Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels
The Abu Dhabi Investment Authority is close to buying 42 hotels managed by Marriott International Inc. and controlled by the…