HSBC completes first Islamic trade facility in Menat at $100m with QIB
HSBC Bank Middle East has completed its first Islamic trade facility in the Middle East, North Africa, and Turkey (Menat)…
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$50m India-focused fund to be launched by UAE financial major
Gulf Islamic Investments, the UAE-based Shari’ah-compliant financial services major, is set to announce the launch of its second India-focused fund,…
QNB wins 7 'prestigious' awards in Euromoney Private Banking & Wealth Management Survey
QNB Group has received a “leading endorsement” for its Private Banking capabilities and performance by winning seven trophies in the…
Alvarez & Marsal adds senior quartet to Middle East team
Alvarez & Marsal, have strengthened its Middle East team with several senior appointments in support of expanding its performance improvement…
HSBC completes first Islamic trade facility in Menat at $100m with QIB
HSBC Bank Middle East has completed its first Islamic trade facility in the Middle East, North Africa, and Turkey (Menat)…
Trade between Saudi Arabia and Qatar to resume today
Trade of goods between Saudi Arabia and Qatar has resumed through the Abu Samra border crossing Sunday, Feb. 14, Qatar’s…
Qatar's Investment Holding announces deals worth $55mln
Investment Holding Group, a family-owned company in Qatar, has announced deals worth 200 million Qatari riyals ($55 million). The…
Dubai-based insurance firm Aman confirms closure of 'unprofitable' branches
Dubai Islamic Insurance and Reinsurance Company (Aman) said Sunday it will “relentlessly” work on its new investment strategy and optimise…
Qatar Islamic Bank, HSBC sign $100mln deal
Qatar Islamic Bank, the country’s largest sharia-compliant lender by assets, has signed an Islamic trade facility worth $100 million with…
Dubai-UK trade hit $5.8bln in 2020
Trade between Dubai and the United Kingdom (UK) reached an estimated 21.5 billion UAE dirhams ($5.8 billion) in 2020, making…
FAB acquires Egypt FRA custody license
First Abu Dhabi Bank has obtained a custody license in Egypt from the Financial Regulatory Authority, Egypt’s Capital Market regulator. …
JTC Welcomes New UAE Trusts Law
New trusts legislation introduced in the UAE is another positive step forward for the wealth management sector in the region,…