March 20, 2019
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March 7, 2019

Temenos (SIX: TEMN) (, the banking software company, today announced that Palestine Islamic Bank (PIB), the largest Islamic bank in Palestine, has chosen cloud-native, cloud-agnostic Temenos Infinity and Temenos T24 Transact to transform its banking systems and drive its digital transformation.

Temenos Infinity"...


March 20, 2019

The ninth edition of the Information and Communication Technology (ICT) conference, MEET ICT, and the Bahrain International Technology Exhibition (BITEX) commenced yesterday (Tuesday) and will run till 21st March 2019 at Gulf Convention Centre – Gulf Hotel, Bahrain.

The conference is being held under the patronage of HE the Transportation and Telecommunications Minister Kamal bin Ahmed, in the presence of HE the Chief Executive Officer of the Information & eGovernment Authority (iGA), Mohammed Ali Al Qaed, attended on behalf of His Excellency, at the Gulf Hotel.


March 20, 2019

Doha: Agrico, a private Qatari agricultural development company, is planning to export vegetables to European markets. The company, established in 2011, has witness strong growth in production organic vegetables.

“We have applied for Global G.A.P certification so that we can export from Qatar. We plan to export all kind of vegetables,” Nasser Ahmed Al Khalaf, Managing Director, of Agrico told The Peninsula talking on the sidelines AgriteQ exhibition going on at Doha Exhibition and Convention Center. “There is scope for exporting to European countries"...

March 20, 2019

DOHA: Success in a time of transformation: In the 2018 financial year, Porsche AG achieved new records for operating profit, sales revenue, deliveries, and headcount. The company’s operating profit grew by around 4 percent compared with the same period in the previous year, reaching €4.3bn, and sales revenue increased by 10 percent to €25.8bn. The operating return on sales was 16.6 percent. In 2018, the company delivered 256,255 vehicles to customers, representing a 4 percent increase on the previous year.

“In the 2018 financial year, our attractive"...

March 20, 2019

Islamic finance can play big role in confronting social and economic challenges such as growing inequality, poverty reduction, and the empowerment of marginalised people in the world, said Anwar Ibrahim (pictured), the former Deputy Prime Minister and Finance Minister of Malaysia, in his keynote address at the 5th edition of Doha Islamic Finance Conference, yesterday.

Ibrahim, the de facto co-leader with Prime Minister Mahathir Mohamad in the Government of Malaysia, provided a comprehensive outlook highlighting the opportunities of Shariah-compliant banking and financial"...

March 20, 2019

Doha: Qatar yesterday announced the launch the world’s largest Shariah-compliant ‘Energy Bank’ with a targeted capital of $10bn (QR36.41bn) to finance local as well as overseas energy projects.

This was announced at a press conference held on the sidelines of the 5th edition of the Doha Islamic Finance Conference, by Khaled Al Suwaidi, the Chairman of the Founding Committee of the anticipated biggest energy sector dedicated lender which is expected to begin operations from the fourth quarter of this year.


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