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Business
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Economy
12/28/2011 5:04:34 PM
The move comes ahead of the Dec. 31 deadline, imposed by the Qatar central bank, for conventional banks to stop offering sharia-compliant banking services amid worries of overlaps between the two
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Business
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Economy
12/28/2011 1:47:28 PM
Arab Banking Corporation appoints the Libyan central bank chief as chairman
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Business
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Economy
12/23/2011 11:41:39 AM
European Islamic Investment Bank will buy a 30 per cent stake in Dubai-based Rasmala Investment Bank unit
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Business
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Economy
12/19/2011 5:31:24 PM
Construction giant to sell some $300 million to local market as part of wider debt refinancing package
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World
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Region
12/17/2011 5:45:48 PM
Iran’s Foreign Minister Ali Akbar Salehi says Tehran is prepared for the ‘worst case scenario’ after the US Congress approved tough sanctions against the country’s oil and banking sectors
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Business
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Economy
12/10/2011 4:06:14 PM
Credit rating agency says decision will rest on whether EU summits produces a convincing response to continent's debt crisis
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Business
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Economy
12/6/2011 1:10:36 PM
Country's treasury looks to meet a growing global appetite for government-backed Sharia-compliant investments
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Business
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Economy
12/5/2011 5:09:33 PM
Credit agency puts country's banks on negative outlook based on upheaval in neighbouring Syria and slowing economic growth
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Business
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Economy
12/5/2011 12:28:03 PM
Decision to juggle chief roles internally suggests the bank's two Islamic lenders may be merged
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World
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Region
11/13/2011 3:40:29 PM
A top U.S. treasury official held talks on Sunday with senior Jordanian officials and banking executives on efforts to enforce economic sanctions against Syria
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Business
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Economy
11/10/2011 11:17:14 AM
Egypt's second biggest private bank maintained profit growth on back of a drop in expenses along with strong business margins
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Business
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Economy
11/9/2011 4:23:57 PM
Agency says main danger for nation's banks comes from their operating environment and current political uncertainties
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Business
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Economy
11/7/2011 12:44:32 PM
Economy ministry blasts newspaper claim that Switzerland offered the sum to US tax authorities to regularise American assets stashed in Swiss banks
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Business
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Economy
11/3/2011 2:22:34 PM
Libya's banking system should be reformed along lines suggested by international bodies like the IMF, says the new governor of the country's central bank
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Business
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Economy
11/3/2011 1:22:06 PM
Fall in net profits driven by a 9 per cent decline in net operating income
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World
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International
11/2/2011 3:02:27 PM
Occupy Wall Street, New York raises a whopping $500,000 for food, laundry and communications, but the banking industry they are fighting is making access to the donations difficult
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Business
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Economy
10/30/2011 1:52:28 PM
Banking, construction and tourism have all plunged as the Arab Spring chokes Lebanese trade with two vital markets, Syria and Egypt
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Business
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Economy
10/27/2011 12:22:16 PM
Winning Islamist party says it will not cause ruptures in country's economic life but Europe's money crisis could put Gulf investment in the lead
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Business
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Economy
10/23/2011 12:18:54 PM
Outline for deal would see billions pumped in to bring lender core cash reserves up to nine per cent of holdings
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Business
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Economy
10/21/2011 3:26:07 PM
Syria may start using the Russian ruble for banking transactions if the European Union bans it from operations in euros, central bank Governor Adib Mayaleh said on Thursday
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