Saudi banks credit to private sector on upward trajectory
The Saudi banking industry remains robust, the National Commercial Bank (NCB) said in its Quarterly Monetary Review for the third…
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The Gulf’s most admired executives
It’s been a tough year in business, but there have still been many success stories. CEO Middle East highlights the…
Call for unifying accounting standards in GCC
Central Bank of Oman Executive President Hamoud bin Sangour Al Zadjali on Sunday called on the Gulf Cooperation Council (GCC)…
Global banking giant set to tap huge opportunities in the Middle East
HSBC Amanah provides a full range of Islamic financial services to the retail, corporate and institutional customers in the Middle…
IDB chief urges EU not to repeat mistakes of the past
Ahmad Mohamed Ali, the president of the Islamic Development Bank (IDB), the multilateral development agency of the Muslim world, has…
‘Islamic finance Industry too Parochial and insular’
Governors of central banks and monetary authorities of the Organization of Islamic Cooperation (OIC) member countries, meeting at Sasana Kijang…
Arab Bank's investment arm scoops industry accolade
Global Investor Magazine recognized AB Invest, Arab Bank’s investment arm in the MENA region, as the Best Brokerage and Best…
Mideast lender geared up to roll out Islamic banking products
Oman Arab Bank (OAB) is fully geared up to roll out Islamic banking products, once the regulatory framework is in…
Middle East investor closes deal for London hotels
Morgans Hotel Group Co, the operator and 50 percent owner of two luxury hotels in London, has completed the sale…
New chief expands BNP's executive committee
Jean-Laurent Bonnafé, Chief Executive Officer, presented the new organisation of BNP Paribas during the 1 December meeting of the Board…
Global Alliance Partners Cites Significant Growth in its Third Year
Global Alliance Partners (GAP) celebrated its third year during its 7th semi-annual GAP conference held in London, United Kingdom earlier…
Four Credit Suisse Bankers may jump ship
VTB Capital, the investment banking unit of Russia’s second-biggest lender, may hire four Credit Suisse Group AG (CSGN) bankers in…