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AfDB invests USD 50m in Carlyle’s fund
The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle…
SNB’s findings to be announced Wednesday
The Swiss National Bank (SNB) said it will publish findings from a review of its enlarged governing board on…
U.K. cuts HSBC value by 17%
HSBC Chief Executive Officer Stuart Gulliver said that the bank is undervalued by $28 billion because of…
National Bonds Corporation fund posts 23% growth in 2011
The National Bonds Corporation (NBC), a Sharia-compliant savings scheme, has announced that its Mudaraba Fund…
RBS ends MidEast equity research tie-up with Dubai’s Rasmala
Royal Bank of Scotland Group Plc, Britain’s biggest state-owned lender, ended an arrangement with Dubai-based…
Effective participation for NBD in Cooperation with ADIB in 360 HR Conference
As part of the National Bank for Development’s (NBD)in cooperation with Abu Dhabi Islamic Bank (ADIB)deep belief in…
BKIC records an all-time high profit
Bahrain Kuwait Insurance Co (BKIC) has reported a net profit of BD4.149m ($11m), an all-time high since it was…
SME Business Essentials account launched in Standard Chartered
Standard Chartered announced the launch of its SME Business Essentials account which aims to cater to the various…
UAE Ministry of Finance announces financial circular for 2013 budget
HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, has released financial circular regarding…
NBE and UB negotiates with Social Fund over Islamic finance
Social Fund for Development is currently studying signing a contract with National Bank of Egypt and United Bank…