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Qatar Central Bank Governor HE Sheikh Abdullah bin Saud al-Thani (pictured) has been appointed Chairman of the Islamic Financial Services Board (IFSB) for 2013.
The QCB governor will take over the helm of the international standard-setting organisation from Rasheed al-Maraj of the Central Bank of Bahrain.
Dato Mohd Rosli Sabtu, managing director of Autoriti Monetari Brunei Darussalam has been appointed as the deputy chairman of the IFSB.
The new appointments will take effect on January 1, 2013. The 2013 annual meetings of the IFSB will be held in Doha in April 2013.
Based in Kuala Lumpur, the IFSB serves as an international standard-setting body of regulatory and supervisory agencies that strive to ensure the soundness and stability of the Islamic financial services industry, which is defined broadly to include banking, capital market and insurance.
As of December 2012, the IFSB’s 184 members comprise 55 regulatory and supervisory authorities, eight international inter-governmental organisations and 121 market players, professional firms and industry associations operating in 41 jurisdictions.
A new report by the global research and advisory firm Oxford Business Group (OBG) will map out the latest developments in Oman’s privatisation efforts and drive to attract investment for the non-oil
Times of Oman
The Saudi Transport Ministry announced that the number of road projects completed during the first half of 2018 has reached 55 projects, spanning 1,689 km with a total cost of 4.978 billion riyals. T
Saudi non-oil private sector growth fractionally slower in July, the June data from the Emirates NBD Purchasing Managers’ Index (PMI) for Saudi Arabia released Monday showed.
The survey, s
“Flyin had been very successful and it is a homegrown company started by Saudis. They built a great business that leveraged technology in India so they have a huge technology arm there. They leverage
Pakistan’s top diplomatic representative to Oman has highlighted the strong and ever growing economic and political ties between the two nations.
Speaking on the occasion of Pakistan’s 71s
Times of Oman