Commercial Banks’ Islamic Banking Assets In GCC Hit EGP US$445 Bln At End-2012
According to estimates by Ernst & Young’s Global Islamic Banking Center, Islamic banking assets with commercial…
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GCC
Islamic Finance Vital To Boost Africa Growth
Over the last decade, trade between African countries and the rest of the world has grown significantly and, in…
IMF’s Lagarde Says Team’s Visit to Egypt Has ‘No Preconditions’
International Monetary Fund Managing Director Christine Lagarde said on Saturday there are no preconditions for the…
Maridive Bids For 10 Tenders In India, GCC
Emad Fawzy, Vice Chairman & CFO of Maridive & Oil Services (MOS) announced that his company submitted bids…
Islamic Finance Sector Seen To Reach $2 Trillion By 2015
The $1 trillion global Islamic finance industry is set to double in size between 2011 and 2015, recording an annual…
GCC ‘Must Reduce Oil Revenue Dependency’
Bahrain needs to maintain its power as the financial centre of the Middle East in order to become completely…
Ringgit Sukuk Potential Big
Several recent landmark corporate and infrastructure sukuk by companies in the GCC issuing in Malaysian ringgit may…
GCC meet on banking
The Sultanate will take part tomorrow in the 55th meeting of the GCC Governors of Monetary Institutions and Central…
HSBC Saudi Arabia Launches New GCC Equity Income Fund
The fund is an open-ended Islamic Shariah compliant fund which aims to achieve capital growth and providing income,…
GCC To Reap Record Oil Revenues Of $ 572 Bn
Gulf economies now appear fairly firmly on track for historically high surpluses, according to a new report from…