Browsing Category
Banks
Adib posts 12.8% profit rise on previous year
Abu Dhabi Islamic Bank (Adib) has posted a 12.8% rise in net profit to Dhs1.16bn, compared with Dhs1.02bn the…
Austria takes issue with Moody’s outlook cut
Austria took issue on Tuesday with Moody's warning it may strip the country of its top debt rating, saying the…
Al Mawarid Bank reiterates support to youth through cooperation with Social Work League
Al Mawarid Bank s.a.l., one of the leading banks in Lebanon, announced the signing of a cooperation protocol with…
New business models of banks to be blamed for financial crisis, says Doha Bank CEO
The financial meltdown is a result of new business models that banks have innovated, according to Mr. R…
BankdDhofar and Deloitte and Touche work together to launch Islamic banking
BankDhofar have signed an agreement with Delloitte and Touche to create a market assessment and feasibility study…
BOJ Sets Price Target as Contraction Spurs Easing
Japan’s central bank unexpectedly added 10 trillion yen ($128 billion) to an asset-purchase program and set an…
EU leaders in China for debt crisis talks
Leaders from China and the European Union are meeting for a summit set to focus on Europe's debt crisis.
Moody’s warns may cut AAA-rating for UK and France
US credit agency Moody's has updated the credit rating of UK, France and Austria to "negative outlook".
Moody’s revises Europe credit ratings
US credit agency Moody's has updated the credit rating of UK, France and Austria to "negative outlook" and…
HSBC receives Euromoney award as the best international Islamic bank in the third world…
The international administration of Islamic banking at HSBC Amanah wins Euromoney Award for being the best…