Gulf bankers to attend Islamic finance confab in Luxembourg

The attenders at the Islamic Financial Services Board (IFSB) will be, among others, central bank governors, representatives from Bahrain, the UAE, Jordan, Malaysia, Nigeria, and Bahrain, and many international finance and economic experts.
The host of the conference will be the Central Bank of Luxembourg and the theme is "Enhancing Global Financial Stability. Challenges and Opportunities for Islamic Finance".

Arcapita sells stake in European storage business

Arcapita Bank is an invest firm from Bahrain, which is optimistic for the future sales of additional asset. The bank has sold 80% stake in 72 storage sites to the Shurgard Europe company from Brussels.

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