Sunday, Nov 24, 2024

International Finance

Tag : Islamic Finance

Business Leaders

In Monopoly move, Sahara chairman offers hotel for bail

International Finance Desk
by International Finance Desk
Subrata Roy has been incarcerated after running afoul of a number of India’s financial regulations David Drake December 4,2014:We’ve seen life imitate art but rarely have we seen life imitate a board game. In  Hasbro’s popular board game, Monopoly, players often land in jail as well as own massive hotels on Park Place and other...
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Islamic Banking

Aafaq launches Happy Customer initiative

International Finance Desk
by International Finance Desk
This will facilitate payment of government fees, among other things IFM Correspondent December 3, 2014: With an aim to facilitate the payment of government fees, Sheikh Faisal Bin Saud Al Qassimi, managing director, Aafaq, launched a first of its kind initiative called Happy Customer. “The launch of the initiative comes in line with smart government...
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Business Leaders

More than half of all professionals worldwide are already using LinkedIn

International Finance Desk
by International Finance Desk
Interview with Nishant Rao, managing director, LinkedIn India Suparna Goswami Bhattacharya December 2,2014: Since establishing itself 11 years ago, the journey for LinkedIn has been nothing short of a dream. Though US and India continue to be the largest markets for the business-oriented social networking site, it continues to explore other emerging economies. This year, it...
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Islamic Banking

Market for takaful in Europe is looking brighter

International Finance Desk
by International Finance Desk
The parallels with the mutual sector are helping Tim Evershed November 28, 2014: Takaful insurance can have a bright future in Europe due to its parallels with the mutual sector, according to panellists at International Finance Magazine’s EU Islamic Finance and Banking Summit that took place in London on November 18-19. Non-marine mutual insurance can...
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Fintech

Islamic finance must embrace technology faster

International Finance Desk
by International Finance Desk
Change is the key driving force in a complex global financial ecosystem. This change is mainly based on continuing advances in technology Rosie Kmeid November 27, 2014: Economies worldwide are making a global transformation, in which the information technology industry assumes increasingly greater importance. Indeed, technology is evolving at an amazingly rapid speed. The awe-inspiring...
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Uncategorized

Oil trade: No sign of prices going up

International Finance Desk
by International Finance Desk
Some analysts claim that OPEC will not last more than 50 years Suparna Goswami Bhattacharya November 27, 2014: Economists dealing with oil prices and stability were in for a shock when global oil prices started to tumble this year. After three years of relative calm wherein prices moved less than three percent year-on-year, the sudden...
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Economy

Ras Al Khaimah Investment Authority ushers in second decade

International Finance Desk
by International Finance Desk
Since being set up in 2005, it has invested AED 1bn in developing 30mn square metre of land in its Al Hamra and Al Ghail industrial parks IFM Correspondent November 27, 2014: At a gala event celebrating 10 years of excellence, Ras Al Khaimah Investment Authority (RAKIA) reaffirmed its unwavering commitment to drive foreign direct...
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Islamic Banking

Spike in interest rates could hamper Islamic finance

International Finance Desk
by International Finance Desk
Base rates are at record lows in Europe with the Bank of England having held its rate at 0.5% for five years now Tim Evershed November 26, 2014: A spike in European interest rates could pose a serious challenge to the growth of Islamic finance across the EU. Base rates of interest are at record...
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Economy

Everest Industries picks RAKIA for first overseas venture

International Finance Desk
by International Finance Desk
Will invest in 750,000 sqft manufacturing facility in Al Ghail industrial park IFM Correspondent November 21, 2014: Ras Al Khaimah Investment Authority (RAKIA) has signed Everest Industries, one of the fastest growing building solutions companies in India, as its tenant. Everest will occupy 750,000 sqft in RAKIA’s Al Ghail industrial park. The India-based company plans to initially produce...
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FinanceWealth Management

Getting spend under management

International Finance Desk
by International Finance Desk
How Can Financial Directors Help Procurement Be More Strategic? November 18,2014: One of the biggest areas of spend for companies is procurement, so how can financial directors ensure procurement teams provide more value back to the business? This represents both a huge level of investment but also a great potential opportunity to reduce costs as...
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