The new Recognised Membership application process will help bring the markets of Egypt and the UAE closer together. (AFP/File)
February 04, 2016 - 07:00 GMT
Dubai's stock exchange has streamlined the membership process to facilitate Egyptian brokerages' easier participation.
The US will spend some $1.8 billion for smart weaponry in the war against Daesh. (File photo)
February 03, 2016 - 14:30 GMT
The Pentagon has announced that it is increasing funding for the war against Daesh by more than 50 percent.
Dubai Islamic Bank
February 03, 2016 - 11:14 GMT
Dubai Islamic Bank announced today that it has been awarded the “Gulf Customer Experience Award” in the “Best Financial / Insurance Services: Banking and Investment” category at the inaugural Gulf Customer Experience Awards.
IBQ main branch
February 03, 2016 - 10:43 GMT
The International Bank of Qatar (ibq) announced the launch of an exciting loans campaign where it is rewarding its customers with either a MacBook or an iPad mini.
Bank Nizwa Team
January 31, 2016 - 10:46 GMT
Bank Nizwa successfully provided over 700 training and development opportunities in 2015 designed to nurture the next generation of Islamic Banking leaders.
The SSE initiative aims to explore how exchanges can enhance corporate transparency. (RT)
January 31, 2016 - 08:34 GMT
Qatar becomes a Partner Exchange and commits to transparency and maintaing standards under the voluntary United Nations Sustainable Stock Exchanges initiative.
The dam project will provide more irrigation water to the region of Cap Bon. (Wikimedia Commons)
January 28, 2016 - 08:41 GMT
The Arab Fund for Economic and Social Development deal comes as a loan to support two dam projects and to conduct income-generating feasibility studies.
Bahrain's Central Bank put Future Bank and the Iran Insurance company under administration last year. (Central Banking)
January 28, 2016 - 06:49 GMT
The joint venture between Iran's Bank Saderat, Bank Melli and Bahrain's Ahli United Bank was put under administration last year.
Also included in the new cap are production machinery, pharmaceuticals, and manufacturing components. (FX Comment)
January 27, 2016 - 11:00 GMT
The ECB has raised the ceiling on dollar deposits for imported basic commodities from $50,000 to $250,000 monthly, with no daily cap.
Malaysia's Prime Minister Najib Razak smiles to photographers after attending a parliament session in Kuala Lumpur on January 26, 2016. (AFP/Mohd Rasfan)
January 26, 2016 - 16:29 GMT
Malaysia's Attorney General has found no evidence of corruption in the transfer of millions of dollars by the Saudi royal family to the Prime Minister's bank account in 2013.
Sanjay Sohal, Deputy Senior Executive Officer, NBF Capital
January 26, 2016 - 10:50 GMT
National Bank of Fujairah (NBF) PJSC announced today that its subsidiary, NBF Capital Limited, has won the accolade for “Best Customer Experience Team” at the inaugural Gulf Customer Experience Awards.
During the event
January 26, 2016 - 10:39 GMT
Dubai Islamic Bank has announced today that it will be the title partner and exclusive Bank sponsor of the Majlis Driving Range at Emirates Golf Club, a world-class golf course managed by Dubai Golf.
The sovereign wealth fund currently managed by KIA with assets estimated at $592 billion. (Shutterstock)
January 26, 2016 - 09:00 GMT
The new fund will shift burden of domestic asset management away the Kuwait Investment Authority, which will focus more on global investments.
Noor Bank
January 26, 2016 - 08:01 GMT
Noor Bank launched a limited-period offer that gives customers a guaranteed gold bar or gold coin for new Wakala deposits, ranging between AED 250,000 to AED 2.5 Million for a minimum tenor of one year.
National Bank of Kuwait
January 26, 2016 - 05:33 GMT
2015 was a milestone for Kuwait’s projects market, with an unprecedented KD 9.7 billion ($32.2 billion) worth of contracts awarded during the year, 20% more than the year before.
Bindawood Holding plans to open more than 30 hypermarkets and supermarkets under the Bindawood and Danube brands. (
January 25, 2016 - 13:30 GMT
The undisclosed deal is rumored to be the Bahraini company's biggest investment in the Middle East.