Saturday 30 April 2016
 
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StanChart appoints Mena head of economic research

Standard Chartered has appointed Dima Jardaneh as the new head of economic research for Middle East and North Africa, Pakistan and Turkey.    In her new role, Jardaneh will lead a team of economists covering

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StanChart invests in Souq.com

Standard Chartered Private Equity (SCPE), the private equity arm of the bank, has made a $50 million equity investment, as part of a $275 million consortium, for a minority stake in online retailer Souq.com. The investment will support

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New lease accounting standards ‘will bring transparency’

The new lease accounting standard published recently by the International Accounting Standards Board (IASB) brings added transparency to financial reporting, according to KPMG International. The new standard requires companies to bring most le

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Push for sharia standard on gold in Bahrain

A new sharia standard on gold, including rulings for gold-based financial products, will be developed under a new initiative by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI). A statement by the Bahrain-ba

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StanChart hosts financial crime compliance workshop

Standard Chartered hosted its first Financial Crime and Compliance (FCC) workshop for its financial institutional and correspondent banking clients in the Middle East region.   The event, which took place at Four

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New Islamic cross currency swap standard published

The International Swaps and Derivatives Association (ISDA) and the International Islamic Financial Market (IIFM) have published a new Islamic hedging product standard, the ISDA/IIFM Himaayah Min Taqallub As‘aar Assarf (Islamic Cross Curr

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Standard Chartered Sadiq appoints new chief

Standard Chartered has appointed Rehan Shaikh as CEO for Standard Chartered Saadiq, the bank’s global Islamic banking business.   Shaikh will drive the growth of Standard Chartered’s Islamic banking b

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Standard Chartered mulls raising at least $4bn

Standard Chartered has held talks with bankers on raising at least $4 billion as UK reglators tighten scrunity on lenders with exposure to emerging markets in a second round of stress tests, Bloomberg reported on Thursday.  

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Hotel standard for Muslim travellers launched

Salam Standard, the world’s first online hotel reference tool dedicated to Muslim travellers, was launched today (October 20) at the inaugural World Halal Travel Summit & Exhibition (WHTS15), in Abu Dhabi, UAE.   The

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StanChart appoints new chief for Bahrain operations

Standard Chartered has appointed Dr Boutros Klink as the new chief executive for its business in Bahrain. He will also oversee the operations in Saudi Arabia, Qatar and Oman, said a report in the Gulf Daily News (GDN), our sister publ

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