Middle-east Arab News Opinion | Asharq Al-awsat

Banking | ASHARQ AL-AWSAT English Archive 2005 -2017
Select Page
Media ID: 55340248
Caption:

A Saudi man explores a website on his laptop in Riyadh, Saudi Arabia, on February 11, 2014. (Reuters/Faisal Al-Nasser)


First online bank to launch in Saudi Arabia

First online bank to launch in Saudi Arabia

Dammam, Asharq Al-Awsat—The launch of the first online bank in Saudi Arabia will be announced on Friday evening, informed sources told Asharq Al-Awsat. A source close to the Manama-based Gulf International Bank, which will be launching the new bank, said it would be...
Media ID: 55306266
Caption:

The logo of HSBC bank is seen at its office in the Canary Wharf business district of London in this April 1, 2013 (REUTERS/Chris Helgren/Files)


Media ID: 55317433
Caption:

The Barclays building in Midtown Manhattan on September 16, 2013, in New York City. (John Moore/Getty Images/AFP)


Media ID: 55325887
Caption:

A National Bank of Abu Dhabi branch, August 27, 2012. Compliance costs are spiralling at Middle Eastern banks due to the various misspellings of common Middle Eastern names. (Reuters/Jumana El Heloueh)


London steps up Islamic finance ambitions

Kuala Lumpur, Reuters—Britain is encouraging banks through a task force to establish shari’a-compliant products, aiming to position London as a Western hub for a fast-growing Islamic finance sector that is expected to reach USD 2.6 trillion by 2017. Aiming to...