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Bahrain’s Interest Rate ‘Suitable,’ Al Maraj Says
Bahrain’s rate of interest is currently “suitable,” the governor from the kingdom’s Central Bank, Rasheed al Maraj, stated within Morocco. In an interview these days at the World Economic Discussion...
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Asia, Middle East institutions to create ‘Mega’ Islamic Bank
The world’s biggest souk for Islamic bonds, will issue a license before the end of the year to new Islamic bank that will be jointly set up by institutions through Asian countries and also the Middle...
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Banks Warned On Increasing Financial Crimes
Global financial experts these days cautioned banks as well as financial institutions in the region that they must look out against the increasing quantity of monetary crimes and irregularities. These...
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Bahrain-China Investment Forum Launched
The Bahrain-China Joint Investment Forum was launched in Beijing through the Bahrain Chamber of Commerce as well as Industry (BCCI) and also the China Council for Promotion of international Trade....
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Deloitte eyes 'significant opportunities' in Islamic finance
Deloitte & Touche is focusing on the Islamic finance sector for long term growth since it offers an important opportunity, organization's Middle East chairman and CEO stated.Worldwide Islamic...
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Dubai Bank honoured by ACN
Dubai Bank declared that it has won the award with regard to Banking as well as Finance Implementation of the year in the Arabian Computer News (ACN) Arab Technology Awards.In a highly aggressive...
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BIBF signs training agreement with IFC
The Bahrain Institute of Business and Finance (BIBF) have legally signed a contract with International Finance Corporation (IFC) of the World Bank Group, Washington, to offer two of its training...
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DIB announces key appointments to support growth, expansion strategy
DIB (Dubai Islamic Bank) on Wednesday declared that it made some planned actions to prop up its development and expansion strategy. Addressing the wants of the continually changing atmosphere, the...
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UAE insurance market set to grow on demand
UAE insurance marketplace is anticipated to develop on rising demand, but finding suitable staff is one of the challenges, research has discovered. Mentioning other challenges the research found that...
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UAE banks’ deposits up by Dh67b
Total bank deposits held by all UAE banks jumped year-on-year by Dh67 billion this year and loans also recorded a rise of Dh13.6 billion past year, based on the annual information released by the UAE...
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