Saturday 22 October 2016

400 leading experts at key Mideast equity summit

More than 400 leading innovators, influential speakers and powerful private equity and venture capital professionals are taking part in the SuperReturn Middle East conference which opened in Dubai, UAE today (October 17). A leading private equity and venture capital conference in


Orient in strategic tie-up with HDFC Life and Re

UAE-based Orient Insurance has entered into a reinsurance arrangement with HDFC International Life and Re  to cater to the needs of the expat segment.  HDFC International Life & Re is a 100 per cent subsidiary of HDFC Standard Life Insurance Company from India and c


Gulf Finance partners with SRB

Gulf Finance KSB (Saudi Arabia) has finalised a shariah advisory partnership with Shariyah Review Bureau (SRB) to cover shariah board supervision for its large scale SME financing, production assets and financial leasing solutions.  Thamer A Jan, chairman of the Board - Gulf


Global leaders for Bahrain’s Islamic finance event

The upcoming 23rd edition of the World Islamic Banking Conference (WIBC) in Bahrain will see a global participation with leaders from different regions across the world. The conference held in strategic partnership with the Central Bank of Bahrain will take place in Manama, Bahra


Apicorp profits stay steady

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, has reported a total profit of $55.1 million for the first half of 2016. The profit was marginally lower than the first half of 2015 ($56.5 million). However, this result was achieved despite c


Emirates NBD 9-month profit tops $1.4 billion

Emirates NBD, the UAE’s largest lender, has delivered a solid set of financial results with its net profit growing 8 per cent to Dh5.4 billion ($1.47 billion) for the first nine months of 2016. The operating performance was helped by higher recoveries and a modest increase


Al Salam Bank signs deal with Takaful International

Al Salam Bank-Bahrain, one of the pioneering Sharia compliant banks in the kingdom, has signed a strategic agreement with Takaful International, one of the leading insurers. This agreement paves the way for the bank to offer both Al Salam Bank and BMI Bank customers a suite of Sh


Al Baraka Group wins top awards

Al Baraka Banking Group (ABG), a Bahrain-based global Islamic bank, and six of its subsidiaries have won Global Finance magazine’s Best Islamic Financial Institution Award of 2016, reported the Gulf Daily News, our sister publication. To read further, please visit


‘Half of top 10 Saudi banks run MobileIron’

MobileIron, a standalone enterprise mobility management leader, announced that five of the top 10 Saudi Arabian banks have chosen MobileIron to secure their mobile apps, content, and devices. The security solutions provider made the announcement at the ongoing Gitex Technology We


UAE achievements remarkable: Sheikh Mohammed

Not only does the UAE lead the Middle East in over 100 critical development indicators, but it also is number one in the world in other measurements, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, has said. He cited the q

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