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Ithmaar Bank, a Bahrain-based Islamic retail bank, recorded $1.77m net profit for the first half of 2014, as compared with net loss of $7.52m for the same period last year. Net loss for the three-month …Read full article » : Tuesday, August 19 - 2014 @ 11:26
Naseej and Khaleeji Commercial Bank (KHCB) have signed a memorandum of understanding (MoU) to provide home financing credit facilities for their affordable housing project in Al Madina Al Shamaliya. This deal with one of Bahrain’s …Read full article » : Tuesday, August 19 - 2014 @ 11:24
Clyde & Co is pleased to announce the appointment of Islamic finance specialist, Adil Hussain as a partner based in the firm’s Abu Dhabi office.
Adil joins from law firm Herbert Smith Freehills and has …Read full article » : Tuesday, August 19 - 2014 @ 10:29
Kuwait Finance House Research (KFH Research), Kuwait, won two much coveted Islamic Finance Leadership Awards from The Asset Triple A Islamic Finance Awards in Asia:
• Best Islamic Finance Research House 2014, and
• Best Islamic Consulting Service …
The Qatar Exchange (QE) Index closed 1.70 per cent higher at 13,644.64 points on Monday, August 18.
The QE Al Rayan Islamic Index rose likewise by 1.70 per cent to hit 4,707.59 points. Qatar Islamic Bank …Read full article » : Monday, August 18 - 2014 @ 17:35
Demonstrating its ongoing support towards charitable causes as part of its corporate social responsibility to nurture and support all sectors of the community, Bank Sohar recently supported the Salalah Chapter of the Al Noor Association …Read full article » : Monday, August 18 - 2014 @ 16:17
18th August 2014 The Central Bank of Bahrain (CBB) announces that this week’s BD45m issue of Government Treasury Bills has been oversubscribed by 182%.
The bills, carrying a maturity of 91 days, are issued by the …Read full article » : Monday, August 18 - 2014 @ 15:27
Doha Bank, the leading private commercial bank in Qatar, has been voted as the ‘Best Commercial Bank in the Middle East 2014’ by the Global Banking and Finance Review Awards.
Dr. R Seetharaman, Group Chief …Read full article » : Monday, August 18 - 2014 @ 14:00
Abu Dhabi Commercial Bank (ADCB) announced the launch of commercial offshore banking products through its Jersey branch.
Eligible ADCB wholesale banking clients will now have the option to diversify and preserve their resources with full …Read full article » : Monday, August 18 - 2014 @ 12:18
In continuation of its free training programs geared toward small and medium enterprises (SMEs), Jordan Ahli Bank’s SME Academy Unit recently held a new training workshop on the principles of effective communication in the workplace, …Read full article » : Monday, August 18 - 2014 @ 12:15