Gulf Archives - International Finance

Gulf countries to drive Islamic banking to USD 4 trillion growth: Report

IFM CorrespondentNovember 30, 2023November 30, 2023

by IFM CorrespondentNovember 30, 2023November 30, 2023

The primary obstacles to the digitalisation of Islamic banking and Islamic fintech are related to the general ignorance of Islamic products...

Featured Insurance

With its result-oriented solutions, Anoud Tech empowers insurance sector for ‘Digital Future’

IFM CorrespondentOctober 27, 2023November 2, 2023

by IFM CorrespondentOctober 27, 2023November 2, 2023

Anoud+ gives its client insurance companies the digital edge, when it comes to accelerating revenues, with higher client retention levels, and higher customer lifetime value...

Economy Featured

UAE eyes free trade deals with more countries by 2023 end

IFM CorrespondentOctober 20, 2023October 19, 2023

by IFM CorrespondentOctober 20, 2023October 19, 2023

The UAE has so far signed several CEPAs including from Israel, Turkey, India and Indonesia, as part of a strategy to diversify its economy away from oil...

Business Leaders Featured

Business Leader of the Week: Meet Azad Moopen, MD of Aster DM Healthcare

IFM CorrespondentOctober 13, 2023October 12, 2023

by IFM CorrespondentOctober 13, 2023October 12, 2023

In 2009, Azad Moopen was the Gulf area convener of the Malabar Airport Development Action Committee...

Asset Management Featured

Gulf region’s asset management market to reach USD 500 billion milestone by 2026: Report

IFM CorrespondentSeptember 15, 2023

by IFM CorrespondentSeptember 15, 2023

The report observed the presence of several tailwinds that are shifting trends in the region’s asset management industry...

Business Leaders Featured

Business Leader of the Week: Meet Hana Al Rostamani, FAB boss & UAE’s banking biggie

WebAdminSeptember 8, 2023October 10, 2023

by WebAdminSeptember 8, 2023October 10, 2023

After Hana Al Rostamani's appointment, FAB's net profits ended at USD 3.4 billion by the 2021 end, 19% up from the 2020 tally...

Currency Featured

UAE likely to launch more local currency Sukuk: S&P

IFM CorrespondentJuly 20, 2023

by IFM CorrespondentJuly 20, 2023

The local dirham-denominated Islamic bond market is still in its infancy, so local players are still raising funds by issuing dollar and other foreign currency-denominated Sukuk...