Market volatility dims sukuk sale plans
Islamic bonds have halted gains as increased volatility in global markets undermined plans by Indonesia to sell sukuk. “Given this…
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Resilience of financial sector probed
During a keynote speech at the ‘Resilience of Bahrain’s financial sector’ seminar at the Gulf Hotel Convention Centre, KFH-Bahrain (Kuwait…
Major lenders extend Sharia-compliant financing scheme
Tamkeen and BMI Bank have announced the extension of their Sharia-compliant financing scheme for local private sector enterprises. With this…
GCC fund firms face structural flaws: Lipper
Spare a thought for the fund managers trying to make their business work in the Middle East and north Africa…
Italian law firm opens in Abu Dhabi
Gianni, Origoni, Grippo and Partners, a leading international law firm headquartered in Rome with offices in Italy, Brussels, London and…
Credit Suisse hosts second annual MENA Equities Conference in Beirut
Credit Suisse's second annual MENA Conference commenced in Beirut bringing together speakers from over 40 corporates across the region. Against…
ABC Islamic Bank registers nine month profit of $6.7m
ABC Islamic Bank has announced a net profit of $6.7m for the first nine months of 2011, 320% higher than…
Credit Suisse plans to further expand local presence in Qatar
Credit Suisse announced it is further strengthening its presence in Qatar with the establishment of a new office in Doha.…
Citigroup Shuffles Management
Citigroup's Mike Corbat will become its sole Chief Executive Officer for Europe, the Middle East and Africa as part of…
Islamic banks offer shelter in the storm
Having emerged from the global debt crisis relatively unscathed, the Islamic finance industry is looking to corporate business as the…
British banks facing claims risk in Saudi fraud case
HSBC and Standard Chartered could be dragged into a multi-billion dollar dispute between warring Saudi factions after the banks were…
Scotland seeks green opportunity in Dubai
A Scottish official visiting Dubai said his country was looking for low-carbon growth opportunities with the United Arab Emirates. Scottish…