Saudi British Bank Ratings Reviewed for Downgrade at Moody’s
Saudi British Bank, the lender 40 percent owned by HSBC Holdings Plc, had its ratings placed on review for possible…
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71% of Islamic institutions implement IFSB's Guiding Principles on Sharia'a Governance
Top ranking figures from the world of Islamic finance were brought together during an event in Bahrain supported by Deloitte…
UAE’s corporate earnings grow 4%
Total net profit of the UAE’s corporate sector grew 4.3 per cent to touch Dh26.5 billion for the first nine…
UK Islamic bank in talks with Rasmala for 30% stake
European Islamic Investment Bank is in talks to acquire a 30 percent stake in Dubai-based Rasmala Investment Bank, two sources…
NBAD appoints head of Ladies Private Banking
The National Bank of Abu Dhabi has appointed Dr. Mariah Khan as the Head of Private Banking's Velvet Program, a…
BankMuscat announces Meethaq Islamic banking window
BankMuscat has announced the decision of its Board of Directors to set up an independent Islamic banking window at the…
Al Fakih named AAOIFI secretary general
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has announced the appointment of Dr Khaled Al Fakih as…
Rating boost for Al Baraka Group
Al Baraka Banking Group (ABG) yesterday announced that Standard & Poors (S&P) reaffirmed ABG's investment grade long-term counterparty credit rating…
Top Saudi bank launches RMB proposition
Saudi British Bank (SABB), an affiliate of HSBC Group, has launched a comprehensive Renminbi (RMB) proposition for its corporate customers,…
Al Hilal Bank wins prestigious Islamic Award
Al Hilal Bank, a progressive Islamic bank, won as ‘Best Retail Bank (GCC)’ during the 6th edition of the prestigious…
Empaxis, Advent to Offer Services in the ME
Empaxis, a leading provider of high-caliber, highly customized operational services and support for asset managers and prime brokerage firms running…
Jadwa Investment wins three awards
Jadwa Investment has scooped three awards from globally renowned publications. It was named “Asset Manager of the Year” and “Wealth…