DUBAI / Reuters Standard Chartered’s Islamic division is seeking banking licences in three African countries in order to offer its services to the continent’s large Muslim population. Standard Chartered Saadiq could enter at least one of these markets – Nigeria, Botswana and Zambia – as early as 2017, Mohammad Ali Allawalla, who is head of Islamic banking for retail ...

  Bloomberg UBS Group AG’s investment banking business is set to have its best year advising on Middle Eastern deals in at least a decade as the firm’s new strategy in the region pays off. The bank is ranked first as an adviser on deals for Middle Eastern and African targets so far this year, according to data compiled by ...

  Frankfurt / AFP The European Central Bank’s easy-money policy has let eurozone governments delay key reforms, a German expert panel said on Wednesday, urging the Frankfurt institution to ease off the massive stimulus spending. “The extent of monetary easing in the euro area is no longer appropriate given the region’s economic recovery,” the German Council of Economic Experts said ...