Basel III Arrives Early For UAE
The UAE Central Bank is preparing local lenders for the new Basel III banking supervision standards by requiring them to…
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UAE Exchange Opens New Branch in Malaysia
Malaysia is an important market and a vital link in the global network of UAE Exchange. The strong presence of…
Barclays supports and facilitates special education at the Dubai Autism Center
In the spirit of the holy month of Ramadan, Barclays Bank PLC announced that it has donated 38 computers to…
GCC sees surge in Islamic lending
2012 is expected to be a record year for sukuk issuances in the GCC (Gulf Cooperation Council) region. Indeed, the…
Standard Chartered names Suckling global M&A head
British lender Standard Chartered has named Andrew Suckling as global head of its mergers and acquisitions business, replacing high-profile Indian…
New Cyber Threat Hits Middle East Banks
A complex new cyber-espionage threat that targets online banking has been uncovered in the Middle East, researchers told Sky News.…
Lowest Saudi bad loans since 2009 default
Saudi Arabian banks will cut their bad-loan ratio to the lowest since the region’s biggest corporate default three years ago…
Capinnova announces a positive second quarter
Capinnova Investment Bank, the Shari'a compliant investment banking arm of BBK, announced that the bank has reported a net profit…
Standard Chartered Gets Antitrust Nod to Buy Agricole Unit
Standard Chartered Plc, the London- based bank under investigation in New York for allegedly laundering Iranian funds, got approval from…
JIB reports after-tax mid-term profit of JD19 million
Jordan Islamic Bank (JIB ) achieved net profits after tax amounted to JD 19 million till 30/6/2012 compared to JD13…
Top Ten Salaries in the Middle East
Despite the turbulence of the Arab Spring and Europe’s debt crisis, salaries in the GCC have remained robust. Wages have…
Arqaam Capital secures top brokerage ranking on the Dubai Financial Markets
Arqaam Capital has announced that its brokerage business, Arqaam Securities, has secured the top ranking on the Dubai Financial…