Controversial Israeli soccer club may be litmus test for UAE soft power ploy
An Emirati offer to invest in Israel’s most controversial soccer club could serve as a figurative litmus test of hopes…
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Emirates Islamic successfully closes US$ 500 million Sukuk issuance
Emirates Islamic, has successfully closed the issuance of a US$ 500 million 5-year Sukuk from its US$ 2.5 billion Certificate…
Knight Frank Middle East bolsters its Commercial Agency and Investment teams with two senior hires
Knight Frank Middle East have strengthened its Commercial Agency and ME investment teams with the hires of Andrew Love and…
Al Baraka to change the operational structure of its parent company in Bahrain
In line with its future strategy and business modeland to benefit from the regulatory framework of the Central Bank of…
Emirates Islamic's $500m sukuk issue draws in a substantial $1.2b
Emirates Islamic has closed a $500 million five-year sukuk forming part of its $2.5 billion 'Certificate Issuance Programme'. The issue,…
COVID-19: Will salary cuts be the new normal in UAE?
Have you got back the 30 per cent? In the next few days, more of UAE’s workforce will start seeing…
17,500 enrolled into Dubai's employee benefit scheme
Dubai International Financial Centre's (DIFC) employee workplace savings scheme has signed 1,135 employers in DEWS, representing 17,567 active employees according…
DP World, Bank Leumi to Explore Israel Logistics Investments
DP World and Bank Leumi signed an accord to explore potential opportunities in the logistics sector as the United Arab…
Saudi German signs R305 Islamic debt facility
Saudi German Hospitals has signed a R305m (US$81.3m) Shariah-compliant two-part debt facility with Al Rajhi Bank. R120m of the…
CBE expected to keep interest rates on hold Thursday
The Monetary Policy Committee of the Central Bank of Egypt is expected to keep interest rates on hold during its…
Egypt's central bank attracts EGP 21 billion with T-bill auctions
The Central Bank of Egypt has managed to attract more than EGP 21 billion in investments from EGP treasury bills…
BAB confirms banks' readiness to defer loan installments
Banks operating in Bahrain have affirmed their willingness to extend their support to customers and welcome their requests to defer…