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Money
Bahraini Takaful International Launches Mobile Takaful Service
Takaful International, the 1st leading Islamic insurance (Takaful) company in Bahrain, has launched a new mobile…
Omani Bank Nizwa Fails To Elect Board
Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, failed to elect a new…
Falcon Private Bank Named Best Private Bank In UAE
Swiss wealth management expert Falcon Private Bank was awarded 'Best Private Bank, UAE' by World Finance, one of…
Qatar National Bank Mandates Banks For US$1.5 Bln Loan
Qatar National Bank SAQ (QNBK) hired five banks to help raise a $1.5 billion term-loan as Qatar’s largest lender…
Jordanian Arab Bank Launches New Housing Loan Campaign
Arab Bank has recently launched a new promotional campaign, the first of its kind in Jordan, under the title, 'Own…
Italy’s MPS To Sell Biverbanca Stake For €200 Mln
Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a…
Saudi Islamic Finance Assets Valued At US$ 94 Bln: Deloitte Report
Saudi Arabia is one of the main contributors to the Islamic Finance industry, with an estimated $94 billion in…
Mashreq Bank Launches New Majestic Loan Packages
UAE- based Mashreq Bank has announced another edition of its Majestic Loan packages. Customers can now apply for…
Bundesbank Opposes ECB’s Bailout Plan
The Bundesbank (German central bank) opposition to the European Central Bank’s plan to help ailing financial…
Banque Misr: Deposits Portfolio Posts EGP 161 Bln In May
Banque Misr’s deposits portfolio rose by EGP 6 billion, or 3.9%, registering EGP 161 billion at the end of last…