Will Islamic finance dispute panels really work?
Despite the idea of platforms to resolve Islamic finance disputes gaining popularity, introducing the schemes could involve hidden risks that…
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Standard Chartered taps new exec for Mena and Pakistan region
Standard Chartered announced the appointment of Morad Mahlouji as Regional Head of Origination and Client Coverage (OCC) for the Middle…
Gulf family offices shifting capital to family businesses
Ultra-high net worth individuals and family offices in the Gulf Cooperation Council countries reckon investing more in their family business…
Another Top-Level Appointment At Coutts
Coutts has announced the appointment of Ali Hammad as Co-Head of the Middle East Region. Ali joins Coutts in July…
Awash International Bank, Ethiopia Upgrade CORE Banking System
Awash International Bank, Ethiopia has signed a 3.5 million US dollar agreement with British Misys International Banking Systems to…
Fight for Gulf wealth funds to intensify – Invesco
A shift in focus from global to local investments by the big Gulf sovereign wealth funds after the Arab Spring…
Falcon flies in to nurture Gulf nest eggs
When travelling from Falcon Private Bank’s Zurich headquarters to its office in Dubai’s Emaar Square, David Pinkerton flies over Alps,…
Middle East regulatory framework should attract fund management industry
The local regulatory framework in the Middle East should focus on inviting the fund management industry rather than making it…
DIFC Investments $1 bln loan near; to help sukuk refi
DIFC Investments, the investment arm of the company running Dubai's financial free zone, is close to securing a $1 billion…
GCC bank perform better in Q1
Lower provisions along with improving business environment boosted the net profits of Gulf banks by 18 per cent in the…
Ex-Barclays Wealth MD to lead Coutts' Asia push
Coutts has announced the appointment of Gary Dugan as Chief Investment Officer (CIO) for Asia and the Middle East. …
Thomson Reuters boosts IIBR members
Thomson Reuters has added leading Islamic scholars and bankers to the supervisory bodies of the Islamic Interbank Benchmark Rate,…