Taib sells 60pc stakeDubai Financial, a subsidiary of state-owned Dubai Holding, has signed a stock purchase agreement to acquire a controlling 60 per cent stake in TAIB Bank, the group announced. Taib Bank is one of Bahrain's fastest growing and most profita More… |
Islamic banking sector on rollThe Islamic banking industry is fast becoming a force to be reckoned with, but there are still major obstacles to the development of fully-fledged Sharia-compliant capital markets, bankers were told. The industry also faces the challenge o More… |