Oman-based lender gets Islamic banking licence
Oman’s Al Izz International Bank, a lender under formation in the Gulf Arab state, has been given a licence to…
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Adia revamps fund mgmt unit
The Abu Dhabi Investment Authority sovereign wealth fund has promoted a key son of the country’s president as it revamps…
Arab Bank receives industry recognition
Arab Bank recently received the Best Consumer Internet Bank in Jordan award from Global Finance for its Arabi Online Internet…
HSBC names new senior manager of trade and supply chain
HSBC Bank Middle East has announced the appointment of Farhan Zaidi as the Senior Manager of Trade and Supply Chain.…
Taib Bank appoints new Board at General Meeting
Taib Bank, is pleased to announce that, as part of its restructuring strategy and with the ongoing support of its…
Standard Chartered in talks to acquire private bank in Iraq
Standard Chartered Bank has held talks with one of Iraq's biggest private banks over its possible acquisition. Negotiations with Warka…
International Bank of Qatar sells its Islamic banking operations to Barwa Bank
International Bank of Qatar (IBQ) announced the sale of its Al Yusr Islamic banking retail operations to Barwa Bank. This…
Expats in UAE find it hard to get finance to start up companies
Noble Jose was armed with an idea and a business plan to back it, but the banks would not lend…
How to become an ethical investor
Question: As a Muslim and as part of the spirit of Ramadan I have been thinking about becoming more ethically…
Banking and finance sector in the Middle East can no longer ignore social media
With the growing adoption of smartphones and the simultaneous surge in Internet use across the globe, banking and finance institutions…
Credit Agricole won't be last bank to exit Bahrain
The consequences of Bahrain's turbulent spring are mounting. First the Formula 1 Grand Prix was cancelled, now Credit Agricole has…
National Bank of Oman sees profit growth slowing
National Bank of Oman, the sultanate's second-largest lender by assets, may see its profit growth slow for the full year…