Global investment banking fee income falls 25%
Global investment banks’ fee income dropped by about 25 percent in the second quarter, reaching its lowest level since early…
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Islamic Finance Set To Reach US$5 Trillion By 2016
The global Islamic finance and banking sector is pegged at US$1 trillion with an estimated growth rate that is four…
Bank Nizwa sees first profit in 2014
Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, expects to post its first…
Global investors snap up big chunks of Gulf bond issues
Investors from outside the Gulf have muscled in on two big bond issues from the region, taking very high portions…
Alkhabeer Capital to launch extensive investment programme worth US$400 million
Alkhabeer Capital, the Jeddah-based boutique investment and asset management firm, announced that is currently planning a US$400 million (SAR1.472 billion)…
Islamic finance industry is fastest growing sector
Islamic finance industry will continue to grow much faster than conventional banking in the Middle East and also increase its…
First Capital of Switzerland, UAE Best Bank
First Capital of Switzerland Investment Bank (FCSIB) has been recognized as the “Best Investment Bank in the UAE” for 2012…
UAE Exchange inaugurates 600th global branch
"600th door of convenience is now open for our customers!", exclaimed Mr.Y. Sudhir Kumar Shetty, COO – Global Operations, UAE…
StanChart working on 4 sukuks in Gulf
Standard Chartered bank is arranging up to four sukuks in the Gulf region, said a senior official. Afaq Khan, CEO…
Gemini looks to Middle East and N Africa
Gemini Asset Management is launching a Middle East and North Africa credit fund in partnership with the National Bank of…
NCB Capital Wins Wealth Management Award
NCB Capital, the investment banking division of the National Commercial Bank, was named "Best Wealth Management Firm" for 2012 at…
Bank Sohar, Path Solutions ink pact for Islamic banking system
Bank Sohar and Path Solutions on Tuesday inked a pact for implementing the software provider’s Islamic banking IT solution iMAL…