ahlibank launches investment banking
The new range of services will primarily cater to its patrons for their various banking needs like brokerage activities, advisory…
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Oman's first Islamic bank fails to elect board – sources
Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, failed to elect a new…
NBO EGM approves appointment of Sharia Supervisory Board
Shareholders of National Bank of Oman have approved the Board of Directors’ recommendation for the appointment of the Fatwa and…
Saudi Islamic finance assets estimated at $94 billion
Based on analysis provided by Deloitte Middle East Islamic Finance Knowledge Center, Saudi Islamic Finance Assets, valued at $94 billion,…
Middle East millionaire’s wealth surges the most in the world
The wealth of high net worth individuals in the Middle East rose the most in 2011 compared with millionaires in…
Barwa Bank acts as joint lead manager for Islamic Development Bank Sukuk
Barwa Bank, one of Qatar's fastest growing Shari'ah compliant banks, acted as joint lead manager on the recent $800m five-year…
StanChart launches new brand campaign
Standard Chartered has announced the launch of its new global brand campaign which continues it’s previously launched ‘Here for good’…
NBAD’s Swiss Unit Targets 10 Billion Francs Client Assets
National Bank of Abu Dhabi PJSC plans to increase the size of its Swiss wealth unit to 10 billion Swiss…
Gulf banks eye European rivals’ Middle East assets
As struggling European banks scale back their worldwide operations, cash-rich Gulf lenders see a chance to expand by snapping up…
Deloitte: Saudi Arabia Islamic finance assets estimated at $94bn
A Deloitte Middle East Islamic Finance Knowledge Center (IFKC) report, entitled 'Empowering Risk Intelligence in Islamic Finance', addresses and investigates…
Law firm appoints Middle East managers
The UK law firm SNR Denton has announced a number of changes to its leadership team in the Middle East…
Dubai Mercantile Exchange names new chief as it targets Asian markets
DME (Dubai Mercantile Exchange) the Middle East's leading energy futures exchange and home to the emerging benchmark for crude oil…