Bank of Sharjah celebrates cooperation agreement with Commerzbank
Bank of Sharjah P.S.C. hosted a cocktail reception on the 6th of October 2012 to celebrate the official launch of…
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Global Islamic Finance Matures and Grows
The Investor for Securities Company launched Safa Investment Services the world's first global Islamic asset manager in GCC at…
Oman finalises Islamic Banking rules
The regulatory framework for Islamic Banking has been finalised, Hamoud Bin Sangour Al Zedjali, executive president of the Central Bank…
Kuwaiti-owned bank helps acquire another prestigious property in London, UK
Gatehouse Bank has completed the £165m acquisition of the law firm SJ Berwin's offices at 10 Queen Street Place in…
GCC and Asia lead in Islamic finance
Gulf States and Asia are leading the growth in Islamic finance, which is being considered most credible alternative to conventional…
ANB net profit rises 7.9% in nine months
Arab National Bank (ANB) reported a net profit of $519 million for the first nine months of 2012, compared to…
Global household wealth falls 5.2% – Credit Suisse RESEARCH
The Credit Suisse Research Institute today released its third annual Global Wealth Report 2012, which finds that from mid-2011…
Qatar banks urged to target high-growth overseas markets
Qatar’s banking sector should explore acquisition opportunities in Malaysia, Indonesia, Nigeria and Turkey as there is only limited room for…
QInvest Said to Cut Jobs at Brokerage, Asset Management
QInvest LLC, the Qatari investment bank forming a joint venture with Egypt’s EFG-Hermes Holding SAE, is cutting jobs at its…
Has the Euro crisis affected expats in the UAE?
The United Arab Emirates is a region of the world which has attracted more than its fair share of controversy…
JP Morgan picks Nomura banker for senior Middle East job
J.P. Morgan Chase Inc has hired Ahmed Saeed from Nomura Holdings to head up its Middle East business focused on…
Barclays Weighs Islamic Finance Products in Egypt to Boost Sales
Barclays Bank Egypt SAE is considering entering the Islamic banking market in the country and lending more to small and…