All Articles

Hedge Funds & Alternative Investments

Saudi Arabia's crown prince is trying to buy Newcastle United for $381 million. Here are all the major soccer teams owned by royalty.

June 22, 2020

Manchester City — bought in 2008 by Emirati Sheikh Mansour bin Zayed al-Nahyan.   Sheikh Mansour is the prime minister…

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Comment & Analysis

EFG Hermes to add new business lines for complete NBFIs platform

June 22, 2020

EFG Hermes is set to add new, complimentary business lines to its non-bank financial institution  sector segment to create a…

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Comment & Analysis

How Saudi Arabia has built new alliances

June 22, 2020

The world’s economic center of gravity has been moving inexorably eastwards for the past 50 years as the great trading…

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Comment & Analysis

Moody's revises outlook to negative on eight UAE banks

June 21, 2020

Global ratings agency Moody’s on Friday had changed its outlook to negative from stable for eight UAE banks amid the…

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Coronavirus

Egypt finances SME sector from its $6.2 billion support initiative

June 21, 2020

Egypt has included small and medium-sized enterprises to its $6.2 billion financing initiative to help support the industrial, agricultural and…

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Investment Banking

Emirates NBD Capital successfully closes Islamic Development Bank (IsDB)'s landmark USD 1.5 billion sustainability Sukuk

June 21, 2020

Emirates NBD Capital Limited has successfully closed Islamic Development Bank (IsDB)’s first ever USD Sustainability Sukuk.   The bank acted…

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Financial Results

Egypt- IDB pre-tax profit increases %3.1 to EGP 391m in 2019

June 21, 2020

The Industrial Development Bank  reported pre-tax profit of about EGP 391m at the end of December 2019, compared to about…

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Awards and Recognition

QIB retains Best Islamic Bank in The Middle East and Qatar position from The Banker Magazine

June 21, 2020

Qatar Islamic Bank  continues to demonstrate its commitment to service excellence and growth by retaining its leading position in the…

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FinTech

10 Israeli companies banking on 5G success

June 19, 2020

The dramatic upgrade in telecommunication capabilities provided by 5G, the fifth generation technology standard for cellular networks, is already resulting…

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Hedge Funds & Alternative Investments

Breakeven crude oil prices are one metric of the economic constraints facing OPEC+ members

June 19, 2020

Oil & Gas 360 Publishers Note: To help understand the OPEC + members, take a look at the breakeven crude…

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Comment & Analysis

UAE- Sharjah Islamic Bank successfully prices $500m sukuk

June 19, 2020

Sharjah Islamic Bank has priced a $500 million 5-year long sukuk, with a profit rate of 2.85 per cent per…

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Hedge Funds & Alternative Investments

UAE issuers are hitting a rich vein with bonds

June 19, 2020

Leading UAE banks have come to the bond market, and they are getting a warm response.   Sharjah Islamic Bank…

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