Islamic trade finance, far from being a mature industry, is nevertheless, faced with exciting prospects going forward especially in developing…
Browsing: Issue 05 September / October 2010
In broad terms, corporate banking remained a prime business segment for banks within Saudi Arabia, whether measured as a percentage…
An increasing proportion of the Middle East’s international trade is being conducted on open account, with a corresponding decline in…
A swift exit from recession has shown that there is more to bountiful Brazil than commodities, according to ALEXANDER GORRA,…
Should the Middle East refocus attention on markets in Europe and the Americas, or continue to explore opportunities in relatively…
Export credit agencies have successfully closed more capital equipment financing transactions in the Middle East and North Africa. It’s now…
The UAE Central Bank has asked banks in the country to provide data on potential risks in its financial reports…
Standard Chartered has signed renminbi (RMB) cross-border trade settlement account agreements with five MENA -based banks. This will allow them…
Standard Chartered Bank has launched the first Islamic US dollar nostro account in the United States. Islamic banks across the…
Moody’s Investors Service has announced that its Dubai-based regional office, Moody’s Middle East Limited, has moved to permanent and larger…
Qatar National Bank has announced the launch of “eazypay”, an innovation that allows retail customers to transfer funds to friends…
Foreign banks reduced their deposits in the UAE by nearly Dh40bn in the first half of 2010 to push them…
Saudi banks appear to be performing better in the second half of this year as they resume lending to the…
The Arab Petroleum Investments Corporation (APICORP), a multilateral bank owned by the 10 member states of the Organisation of Arab…
The UAE and Saudi Arabia received 80 per cent of the total $278bn worth of foreign direct investments (FDI) that…
Standard Chartered Bank has launched a new cash management service for corporate and institutional clients in the UAE . Client…