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Consumer Voice survey on Internet banking in IndiaRecently, Consumer Voice, a voluntary organization carried a survey on Internet Banking and Mobile Banking in metro and mini-metro cities of India and came up with some interesting results. The organization works for the protection of consumers under Jago Grahak ... News | Thursday, 9 May 2013 Read more |
Assets of Libya held by some of the leading global financialSome of the well-known and major financial institutions in the globe held billions of dollars of Libyan state finances,based on a leak report. Principal amongst them were Royal Bank of Scotland, HSBC,JP Morgan Chase, Goldman Sachs, and Nomura. The banks ... News | Thursday, 9 May 2013 Read more |
Deloitte eyes 'significant opportunities' in Islamic financeDeloitte & Touche is focusing on the Islamic finance sector for long term growth since it offers an important opportunity, organization's Middle East chairman and CEO stated.Worldwide Islamic financial institutions hold $960bn in benefits, which 60 % tend to be ... News | Thursday, 9 May 2013 Read more |
Dubai Bank honoured by ACNDubai Bank declared that it has won the award with regard to Banking as well as Finance Implementation of the year in the Arabian Computer News (ACN) Arab Technology Awards.In a highly aggressive area, Dubai Bank was honoured for that ... News | Thursday, 9 May 2013 Read more |
DIB announces key appointments to support growth, expansionDIB (Dubai Islamic Bank) on Wednesday declared that it made some planned actions to prop up its development and expansion strategy. Addressing the wants of the continually changing atmosphere, the financial institution knows the implication and worth of reorganization its ... News | Thursday, 9 May 2013 Read more |
Qatar set to become key global hub for Shariah-compliant proQatar is set to become a "key international distribution hub" for Shariah-compliant products as the Islamic finance market continues to emerge, a new report has shown. While infrastructure projects will feed new alternative fund structures and boost public-private partnerships, Qatar also ... News | Thursday, 9 May 2013 Read more |
Saudi equity funds market remains most reassuringThe Saudi equity funds market is still the most favorable due to its demographics and the steady increase in government spending, experts said. Global Investment House said Wednesday that the equity funds managed by its MENA Asset Management team have recorded ... News | Thursday, 9 May 2013 Read more |
GCC banks outperform international banksAccording to a new study by The Boston Consulting Group (BCG), the banking industry in the Middle East settled at single digit revenue growth in 2012 with a 6.9 per cent increase. The increase in profits was slightly higher at ... News | Thursday, 9 May 2013 Read more |
StanChart Oman appoints new head of wholesale bankingStandard Chartered Oman has announced the appointment of Hussain Ghalib al Yafai as the new head of wholesale banking for the sultanate. Yafai has been with the bank since 2005 when he joined as MENA FM regional business planning manager in ... News | Thursday, 9 May 2013 Read more |
UAE central bank shuts two money exchange firms for violatioABU DHABI, May 8 (Reuters) - The United Arab Emirates, a major financial hub in the Middle East, has revoked the licences of two money exchange companies for non-compliance with regulations including rules against money laundering, the central bank said ... News | Thursday, 9 May 2013 Read more |
UNDP and Islamic Trade Finance Corporation join ha
INTERNATIONAL. The United Nations Development Programme (UNDP) and the Islamic Trade Finance Corpora
Visa cardholders spent US$4.7 billion in the UAE i
UAE. Visa cardholders spent $4.7 billion on their cards while visiting the UAE in 2012, a 17.1 per c
UAE's investment power discussed at Gulf-Moroccan
MOROCCO. TASWEEK Real Estate Development and Marketing, an advisor and solutions provider serving th
Qatar in move to buy stake in BA's parent firm
Qatar has approached International Airlines Group (IAG), the parent company of British Airways and I
Saudi's Almarai eyes $500m sukuk sale
Saudi Arabian dairy producer Almarai Co plans to raise at least $500 million from the sale of a debu
Egypt trade balance deficit increases to record LE
CAPMAS says the surge in Egypt's trade balance deficit in November 2012 could be attributed to a dro
