Publication: Zawya.com

First reported 27 mins ago - Updated 27 mins ago - 1 reports

Jordan's appetite for Islamic banking

Photo Credit:Reuters/Ali JarekjiSami Al Afghani, CEO of Jordan Dubai Islamic Bank talks to Banker Middle East about the growing interest towards Islamic banking products and practices within Jordan's banking and finance sectorHow do you see the growth ... [Published Zawya.com - 27 mins ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

National Bank of Bahrain and SIO Asset Management Company completes the purchase of shares in Bahrain Islamic Bank BSC

National Bank of Bahrain BSC (NBB) and SIO Asset Management Company BSC(c) (SIOAM) today announced that they have completed the purchase of The Investment Dar KSC's (TID) and associated companies shareholding of 51.6% in Bahrain Islamic Bank BSC (Bis ... [Published Zawya.com - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Hsoub Launches its Affiliate Marketing Network for Arabia

In a major step forward, Hsoub has today announced the launch of its new Affiliate Network as a powerful addition to the already-thriving Hsoub Ads, the leading internet advertising platform in the Arab world. This affiliate program comes as an answer ... [Published Zawya.com - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Rizon jet achieves far part 129 foreign air carrier certification granting unrestricted commercial operations into and within the United states

Rizon Jet, the award-winning luxury flight services company headquartered in Doha, State of Qatar, is pleased to announce that it has achieved FAR Part 129 Foreign Air Carrier Certification permitting unrestricted commercial operations into and within ... [Published Zawya.com - 2 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Air Arabia signs USD350m loan deal for 10 aircrafts

DUBAI (Zawya Dow Jones)-- Air Arabia , the low-cost carrier based in the United Arab Emirates, has signed a $350 million financing agreement to help buy 10 new aircraft from Airbus.The deal, signed with Qatar National Bank and Commercial Bank International, ... [Published Zawya.com - 3 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Israel sees 89% growth in billionaire numbers, with number of millionaires well above the global average

The number of billionaires in Israel grew by 89% between 2007 and 2012. Billionaires were the best-performing wealth group in terms of growth, ahead of centimillionaires with 24% growth and affluent millionaires with 17%, according to a new report from ... [Published Zawya.com - 3 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

QEWC, QPI and QH form USD 1-billion company to invest in power and water sector internationally

Qatar Electricity and Water Company (QEWC), Qatar Petroleum International (QPI), and Qatar Holding (QH) signed a Shareholders' Agreement to incorporate a new Qatari shareholding company that would invest in international power and water sectors.The establishment ... [Published Zawya.com - 3 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

EFG Hermes Asset Management Named Zawya's Best MENA Asset Manager of the Year with Multiple First Place Rankings

EFG Hermes wins a total of five Zawya MENA Funds Ranking Awards, including the overall top ranking for Best MENA Asset Manager of the Year, three awards for its Egypt-based funds and one for a Qatari fund20 May 2013Cairo, Egypt -- EFG Hermes, the leading ... [Published Zawya.com - 3 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Etihad Airways keen to do more business with UAE companies

Led by Etihad Airways Vice President P&SM, Adil Al Mulla, the Procurement and Supply Management team took part in a lively panel discussion.Etihad Airways , the national airline of the United Arab Emirates (UAE), has held its first Vendor Symposium in ... [Published Zawya.com - 3 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

AUD strengthens relations with US Consulate in Dubai

US CG Rob Waller with President Dr. Lance de Masi and Provost/chief Academic Officer Dr. Jihad NaderUS Consul General Rob Waller visits AUDDubai, May 20, 2013. The American University in Dubai hosted US Consul General in the UAE Mr. Rob Waller on a visit ... [Published Zawya.com - 3 hours ago]
First reported May 19 2013 - Updated May 19 2013 - 2 reports

BMI: Saudi Arabia Infrastructure Report (Apr-13)

- PDF Instant Online DeliveryAbstractIncludes 3 FREE Quarterly Updates.BMI View: Saudi Arabia's construction sector is experiencing a boom period driven by all sectors of the infrastructure and non-residential building industries. Over the near term we ... [Published Zawya.com - May 19 2013]
First reported May 18 2013 - Updated May 18 2013 - 3 reports

Final Sessions of the 10th IFSB Summit to Conclude the Future of Islamic Financial Services Industry Moving Forward

- On the second day of the 10th IFSB Summit, key leaders in the Islamic financial services industry (IFSI) deliberated on the role of innovation and inclusion to further develop the industry and support economic growth. Themed, "The Future of the Islamic ... [Published Zawya.com - May 18 2013]

Quotes

Shaikh Abdulla Khalifa Al Khalifa, CEO of SIO Asset Management Co commented "We are delighted to have concluded this transaction on behalf of our clients (the Military and the Private Pension Funds). As an organisation, we are focussed on investing in Bahraini businesses which has the potential to offer significant benefits to shareholders and the economy in general. BisB is an apt example of that. BisB is a major player in the Islamic banking sector and offers an excellent opportunity to further the growth of not only the sector but also on a holistic economic platform. We will be working with NBB & other stakeholders to build the business further."
Mukhtar al-Jundi, head of marketing at Hsoub explained that the affiliate network was created after the great demand for it: "We carefully examine the market, monitor developments, and above all, listen to our clients and create solutions that even exceed their expectations. That is why working through our affiliate network is very easy and simple, with high flexibility in offer choice and targeting"
Captain Hassan Al-Mousawi, Rizon Jet's CEO comments; "An increasing demand from our client base for transatlantic flights deemed it essential to invest in fulfilling the strict operational requirements demanded of FAA Part 129 certification. Our success in achieving this milestone means that we can now offer our customers Rizon Jet's hassle-free travel arrangements, consistently high standards, privacy and discretion, not only for flights within the Middle East, to Asia and Europe, but also to the United States. Receiving this approval is a fantastic achievement for us. We proudly continue to demonstrate our impeccable and rapid operational strength, reliability and safety standards."
"Billionaires form the uppermost echelons of the wealth pyramid in Israel," says WealthInsight analyst Andrew Amoils. "These individuals tend to have their own family offices and are very high-profile." Over the report's 2013-2017 forecast period, the total wealth of Israeli billionaires is expected to grow by 88% to reach US$93 billion by the end of...

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Jordan's appetite for Islamic banking [Published Zawya.com - 27 mins ago]
National Bank of Bahrain and SIO Asset Manageme... [Published Zawya.com - 2 hours ago]
Hsoub Launches its Affiliate Marketing Network ... [Published Zawya.com - 2 hours ago]
Rizon jet achieves far part 129 foreign air car... [Published Zawya.com - 2 hours ago]
Air Arabia signs USD350m loan deal for 10 aircr... [Published Zawya.com - 3 hours ago]
Israel sees 89% growth in billionaire numbers, ... [Published Zawya.com - 3 hours ago]
QEWC, QPI and QH form USD 1-billion company to ... [Published Zawya.com - 3 hours ago]
EFG Hermes Asset Management Named Zawya's Best ... [Published Zawya.com - 3 hours ago]
HCT-Dubai honors more than 50 employers & partn... [Published Zawya.com - 3 hours ago]
Bank Sohar Participates in the Immunization Wee... [Published Zawya.com - 3 hours ago]
Intermetal invests Dhs75 million in office furn... [Published Zawya.com - 3 hours ago]
France's Global Trade Leaders Club Recognises W... [Published Zawya.com - 3 hours ago]
The new edition of Al-Noor Magazine - Islamic b... [Published Zawya.com - 3 hours ago]
QNB Group officially welcomes Indian Republic [Published Zawya.com - 3 hours ago]
Qatar Tourism Authority participates in IMEX 20... [Published Zawya.com - 3 hours ago]
Society of Engineers- UAE and the Institute of ... [Published Zawya.com - 3 hours ago]
KOM hosts Smart Road Technologies Seminar tomorrow [Published Zawya.com - 3 hours ago]
Dubai retains second position for international... [Published Zawya.com - 3 hours ago]
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UAE leads GCC recovery as it benefits from Infl... [Published Zawya.com - 3 hours ago]
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HSBC Bank Oman corporate clients explore chines... [Published Zawya.com - 3 hours ago]
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Etihad Airways keen to do more business with UA... [Published Zawya.com - 3 hours ago]
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