01/31/2016
Participants in the forum called upon Arab banks and financing institutions to adopt new financing models for infrastructure projects, as they play a vital role in stimulating the economy.
01/29/2016
An appeal by the defendant banks against the initial judgement of their liability in the case was heard by the DIFC Court of Appeal in September 2015.
01/29/2016
Earlier in August 2015, a consortium led by Ali Hussain of JSCL and Alkaram Group offered Dubai Bank to purchase its 144.200 million in the BankIslami.
01/29/2016
The time may be right for the company's debts to be finally settled, CEO Simon Charlton said.
01/28/2016
International law firm bolsters Dubai office
His sectoral experience covers financial services, aerospace and defence, energy, construction and insurance.
01/28/2016
The bank said in a statement: “We believe the claim against Barclays is misconceived and without merit and Barclays will be vigorously defending it.”
01/27/2016
The Regulatory Committee is an extension of ADGM's commitment to advocating and upholding the highest level of international regulatory standards and governance practice at ADGM.
01/27/2016
The Iranian banks are now working with regulators to get up to speed with new regulation such as capital requirements, risk management and governance, before restarting operations.
01/26/2016
"There was no reason given as to why the donation was made to PM Najib, that is between him and the Saudi family," Apandi said.
01/26/2016
The dinar, pegged at 0.376 to the dollar, has come under pressure in the foreign exchange forwards market as low oil prices damage Bahraini state finances.
01/26/2016
The move demonstrated the vulnerability of Iran's business interests in the Gulf at a time of heightened political tensions.
01/25/2016
Simmons & Simmons launches one of the first funds investing in Iran
The team was led by funds partner Dale Gabbert
01/25/2016
The Harbour Row development is a landmark project within the Bahrain Financial Harbour.
01/25/2016
The minimum accepted order in the T-Bills Market is BD5000 (Five Thousand Dinars) or its equivalent in the T-Bill currency.
01/25/2016
The signing comes against the background of high level visits between Qatar and Mexico and the strengthening of diplomatic and bilateral ties between the two nations.
01/21/2016
Collas Crill Partner Elena Moran acted for Tepe, a construction company based in Turkey.
01/21/2016
Large international banks should be unaffected by the move
01/21/2016
Other measures announced by the central bank on 11 January 2016 are moderately credit positive but are unlikely to significantly affect the banks' overall risk profiles.
01/21/2016
The move significantly extends the firm's geographical footprint across the Middle East region, now with offices in Dubai, Riyadh, Beirut, Kuwait and Abu Dhabi, and further strengthens and diversifies the capabilities of the existing team, taking the
01/21/2016
Gulf Arab states are expected to require more than USD 250 billion over the next two years