Islamic banking industry still has much to achieve
The global Islamic banking industry enters its 38th year in 2013 in its contemporary phase with invigorated optimism, fueled partly…
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Credit Suisse plans new asset-backed bonus scheme
Credit Suisse is preparing to offload more risk exposure to staff in its 2012 bonus giveaway but significantly fewer managers…
Arab Inventor Abbas Ibn Firnas honoured through Rolls-Royce Bespoke collection
Rolls-Royce Motor Cars has created a unique collection of Bespoke Rolls-Royce Ghost vehicles honouring legendary Arab inventor Abbas Ibn Firnas,…
UAE banks seek talks over expat mortgage cap
Banking CEOs in the UAE are said to be keen to meet with central bank officials to discuss the regulator's…
The rich got richer again, according to billionaire index
The richest people on the planet got even richer in 2012, adding $241 billion (U.S.) to their collective net worth,…
More Silver Linings than Clouds – BMO Global Asset Management
BMO Global Asset Management has released their 2013-2014 Market Outlook, "More Silver Linings than Clouds," highlighting the hurdles Europe, China…
CMA completes draft regulatory by law of Islamic banking
The Capital Market Authority completed the initial draft of the regulatory bylaw of the Islamic Sukuk. CMA started getting feedbacks…
FATCA: A new era of financial transparency
Since 2008, the U.S. government has been aggressively moving against U.S. taxpayers who have undeclared foreign accounts. Through a variety…
Expat mortgage cap sends shockwaves across UAE banking sector
The UAE Central Bank’s decision to cap mortgage lending for expatriates at 50 per cent of the property’s value is…
Soaking the rich won't work
The decision by French actor Gerard Depardieu to flee to lower-taxing Belgium serves as a high-profile example of the folly…
Banking Special: Bahrain Remains Challenged
The Bahrain banking sector continues to face the challenges of ongoing political issues connected to the unrest, which has undermined…
Results: UAB Clocks In 32% Profit Rise
UAE-based United Arab Bank, announced a record profit increase of 32 per cent for the first nine months of 2012…