Why Bahrain's Investcorp is thinking small to grow big in India
Investcorp, the Bahrain-based global alternative investment fund, is looking to target smaller investments in India in the $15-$40 million range…
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Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…
The Board of Directors of Al Baraka Banking Group appoints "Mazin Manna" as the Group's President & Chief Executive
Al Baraka Banking Group B.S.C has announced the approval of its Board of Directors to appoint Mr. Mazin Manna as…
QNB begins QLM e-IPO subscription services
QNB Group, the largest financial institution in the Middle East and Africa, has begun the registration and subscription process for…
Moody’s affirms QIIB rating at A2 with stable outlook
Global credit rating agency Moody’s has affirmed QIIB’s rating at “A2” with a “stable” outlook; indicating the strength of its…
Five nations unite to launch the Digital Cooperation Organization
Senior government officials from several nations patronized the launch of the Digital Cooperation Organization Thursday – a global organization aimed…
The Chartered Insurance Institute welcomes UAE insurance authority's draft regulation for insurance brokers
The Chartered Insurance Institute has welcomed the UAE Insurance Authority’s publishing of a draft regulation consolidating rules on insurance broking…
Trump set to veto congressional effort to block UAE arms sales
United States President Donald Trump issued a formal threat on Wednesday to veto congressional efforts to block his plans for…
DIFC grants Ebury financial services licence in fintech first
Dubai International Financial Centre (DIFC) has announced that Ebury, a fintech company backed by Santander and offering cross-border financial services…
After Attracting a Record $32 Billion from Abroad in 2019, Clean Energy in Emerging Markets Endures a Rough 2020
As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity…
Egyptian equity firm announces first investment
An Egypt focused private equity firm, The Lorax Capital Partners Fund II has announced its first investment, acquiring a minority…
World’s Best Private Banks 2021: Middle East
While Arab private banking is still making its debut compared to the giants of the global industry, this year’s Middle…