UAE-based law firms bag “Best Islamic Law Firm of 2011” award
UAE based law firms; Agha & Co/Agha & Shamsi (the “Firms”) were awarded “Best Islamic Law Firms of 2011” by…
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Dubai Islamic CEO quits GFH board
Dubai Islamic Bank's chief executive officer Abdulla Al Hamli has resigned from the board of Gulf Finance House, the Bahraini…
Deloitte runs family businesses targeted seminars
“Opportunities and pitfalls for Middle East family businesses ”, a seminar in Dubai in December hosted by Deloitte, brought owners,…
Ithmaar rolls out new sophisticated security feature
Ithmaar Bank, a Bahrain-based Islamic retail Bank, has become the first bank in Bahrain, and possibly the region, to introduce…
QNB reports 32pc growth in profits
Qatar National Bank (QNB) Group reported 32 per cent growth in its net profit for 2011 exceeding 7.5 billion Qatari…
BankMuscat wins top honours in Best Brands survey
In recognition of extraordinary distinctive brand-building initiatives, BankMuscat has been voted the Best Brand in the banking segment in the…
Global banking giant abandons Turkish bank bid
HSBC has dealt another blow to the stricken Eurozone bank Dexia by withdrawing a proposal to buy its Turkish arm…
Majid Al Futtaim clears decks for sukuk programme
Majid Al Futtaim Holding, or MAF, has set up a $1 billion (Dh3.67 billion) Islamic bond, or sukuk, programme, paving…
NBK retains leading position in Mideast – ‘Highest ratings, best bank in the region’
National Bank of Kuwait (NBK) retained its position as the leading bank in Kuwait and the region in 2011. NBK…
Shuaa axes more staff as part of 'rightsizing'
Shuaa Capital has scaled back its research department, making five staff members redundant and redeploying others, as the Dubai investment…
Robeco appoints new CEO for MEA and Central Asia
Robeco announced that Graham Elliot has been appointed Chief Executive Officer for Robeco Middle East, effective 1 January 2012. Douglas…
Saudi Fransi Capital Implements Advent Solutions to Support Growth
Advent Software today announced the successful implementation of its asset management solution* at Saudi Fransi Capital, to help it provide…