Sunday 24 May 2015
 
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finance

Islamic investments, funds up 10pc in Bahrain

Bahrain's Islamic investments and funds have grown by about 10 per cent annually for the last few years and prospects remain positive, a senior regulatory official has said. Central Bank of Bahrain (CBB) executive director of

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Veling Tayara explores new frontiers in bizjet financing

Dubai-based Veling Tayara, a subsidiary of international aircraft leasing and sales company The Veling Group, is offering a new financing model for the business aviation sector – the operating lease. Headed by former senior Embrae

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Amlak Q1 profit plummets on amortisation charges

Dubai-based Islamic mortgage lender Amlak Finance recorded a 77 per cent plunge in first-quarter profit because of amortisation charges, the company reported on Thursday. Amlak, which has said previously that it aims to resume tra

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QInvest hosts graduates from Paris Dauphine University

QInvest, a leading investment bank in Qatar and one of the most prominent Islamic financial institutions globally, is part of a select group of Islamic financial institutions chosen to host graduates of the Executive Master’s programme in

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QInvest hosts graduates from Paris Dauphine University

QInvest, a leading investment bank in Qatar and one of the most prominent Islamic financial institutions globally, is part of a select group of Islamic financial institutions chosen to host graduates of the Executive Master’s programme in

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Naseej-BBK sign housing finance deal

Naseej has signed a memorandum of understanding with Bank of Bahrain and Kuwait (BBK) to provide financing solutions for social and affordable housing units currently being offered for sale within the company's Jumana project at Al Madina Al

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Naseej-BBK sign housing finance deal

Naseej has signed a memorandum of understanding with Bank of Bahrain and Kuwait (BBK) to provide financing solutions for social and affordable housing units currently being offered for sale within the company's Jumana project at Al Madina Al

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China's ICBC eyes Islamic finance in tie-up with IDB

The Jeddah-based Islamic Development Bank said it was teaming up with an arm of Industrial and Commercial Bank of China to look for business opportunities, in a sign of growing Chinese interest in Islamic finance. The Islamic Corp

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Menatelecom unveils new home 4G LTE package

Menatelecom, an investment subsidiary of Kuwait Finance House - Bahrain, has introduced a new Mena Home 4G LTE package with high speeds at a cost of BD5 ($13) with 10GB downloads. The new package offers attractive benefits such as

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Finance House posts $6.9m net profit

Finance House has registered a consolidated net profit of Dh25.53 million ($6.9 million) for the first quarter of the year, compared to Dh35.51 million during the same period in the previous year. The net interest income and incom

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