2012 Futurewealth Report: A Customer Revolution
Scorpio Partnership, Standard Chartered Private Bank and SEI have announced the launch of the 2012 Futurewealth Report: A Customer Revolution.…
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Islamic scholars listed as approving Goldman's Islamic Bonds actually not contacted yet
Goldman Sachs is facing fresh controversy, this time in the Islamic world, agencies report. In the prospectus for an Islamic…
Gulf Bank implements new state-of-the-art system
Gulf Bank announced the successful installation of its new Enterprise Risk Management System from SunGard. This state-of-the-art system was completed…
Kuwait ready to become hub for Islamic finance — economist
There is currently a tremendous opportunity for Kuwait to profile itself as a hub for Islamic finance and Islamic banking,…
Saudi Arabia’s largest bank posts 27% rise in net profit
National Commercial Bank, Saudi Arabia’s largest bank by assets, on Saturday posted a 27 percent increase in profit for last…
Qatar seeks stakes in CSE, Kalpitiya and other property
Qatar Holdings, the investment arm of the state-owned Qatar Investment Authority, is interested in various development projects ranging from a…
'Takaful emerging worldwide as a viable model'
Takaful that is an Islamic mode of insurance is emerging worldwide as a very viable model and being used successfully…
Opportunities within the negativity of 2012 outlook
According to Sean Daykin, had of investment at the asset management arm of EmiratesNBD, the three "plausible" outlooks for 2012…
Oman's Bank Muscat posts slight Q4 profit rise
Oman's Bank Muscat posted a fourth-quarter net profit of 30.4 million rials ($79 million), a small rise on the same…
Saudi Hollandi Quarterly Net Climbs 2.7%, Misses Estimates
Saudi Hollandi Bank (AAAL), partly owned by ABN Amro Holding NV, posted a 2.7 percent increase in fourth- quarter profit,…
The Family Office holds Global Asset Allocation conference in Dubai
The Family Office Co. – the first significant multi-family office in the Arabian Gulf – held its Annual Global Asset…
Anti-money laundering role moved to DFSA
Dubai's financial regulator has had its remit extended to make it responsible for combating money laundering and terrorist financing. The…