Omani banks set to see healthy growth
Oman’s banking sector is set to see healthy growth both in the corporate and consumer segments in the year ahead.…
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KFH Board Approves New Strategy
Kuwait Finance House's Board of Directors has approved a new five-year strategy and transformation program designed to raise the bank's…
New year, new hope, old problems – Coutts & Co
As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the…
Brazil, Saudi firms partner for $500m Riyadh project
Brazilian construction company Braengel has been chosen to design a $500m complex including a hospital and a five star hotel…
Akbank of Turkey Appoints Binbasgil as CEO, Replacing Akkurt
Akbank TAS, the Turkish bank part- owned by Citigroup Inc., appointed Sabri Hakan Binbasgil chief executive officer, replacing Ziya Akkurt.…
ICSFS Successfully Showcases its ICS BANKS® ISLAMIC Solutions at Oman Islamic Economic Forum
ICSFS, a leading global provider of banking and financial services technology solutions, announced its successful participation in the two-day event,…
Al Futtaim HC Securities to Shut U.A.E. Brokerage Operations
Al Futtaim HC Securities LLC, a brokerage based in Dubai, decided to shut operations in the United Arab Emirates after…
85pc of Omani consumers want Islamic finance products
There is strong appetite among Omani consumers for Islamic finance with many keen to take it up as soon as…
Middle East bonanza for China's top lender
Profit doubled at the Middle Eastern division of China's biggest bank last year as its business expanded on the back…
Bahrain-based bank named best sukuk arranger
Bahrain-based Gulf International Bank (GIB) was recently named the “Best Sukuk Arranger” for the year 2011 by Dubai’s Islamic Business…
Bank technology trends that will shape the industry in 2012
For the past several years, bank IT budgets generally remained flat. The financial crisis and ensuing fallout forced belt-tightening across…
ITS have received the highest rank of Implementing Islamic systems by IBS intelligence
ITS group, the global leader in ethical banking solutions for Islamic banks and Islamic financial organizations, have gained the highest…