RippleNet network in UAE expands with Bank of Fujairah
RippleNet network in UAE is growing at an exponential pace. Ripple and National Bank of Fujairah have entered into a…
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Saudi's Fawaz Abudulaziz Alhokair secures $800mln Islamic finance
Saudi-listed retail group, Fawaz Abdulaziz Alhokair Company, has signed an Islamic term Murabaha facility and a revolving credit facility agreement…
UAE banking at a time of inflection
UAE—An attractive banking market with unique characteristics Most banking markets around the world have seen limited growth and profitability…
Turkey to issue gold-backed bond, sukuk
Turkey's Treasury will issue a one-year gold-backed bond and sukuk to corporate investors on Wednesday. The bond and sukuk…
DFSA strengthens relationship with Isle of Man Financial Services Authority
The Dubai Financial Services Authority has signed a new Memorandum of Understanding with the Isle of Man Financial Services Authority…
Life and critical illness claims surge in Middle East
The vast majority of the population in the Middle East considers themselves to be healthy, but the sum paid out…
Saudi's SEDCO Capital fund eyes $240mln property acquisition
Saudi-based global asset management firm SEDCO Capital said that its real estate trust fund is eyeing the acquisition of a…
Saudi private sector strong in January but coronavirus may reverse growth
A relatively strong start to the year for Saudi Arabia's private sector may prove short-lived as the coronavirus outbreak is…
Abu Dhabi's FAB launches new payment service for merchants
First Abu Dhabi Bank has launched a new “payment as a platform” service for merchants, consolidating a range of payment…
GFH properties announces signing of top international retail brands to Harbour row
GFH Properties has announced the signing with top tier international brands that will establish their franchises as part of the…
DFSA launch DFSA Cyber Threat Intelligence Platform
The DFSA have announced the recent launch of the DFSA Cyber Threat Intelligence Platform to help businesses in the DIFC…
Nasdaq Dubai welcomes listing of $2 billion Sukuk by Islamic Development Bank
Nasdaq Dubai welcomed the listing of a US$2 billion Sukuk by the Islamic Development Bank, IsDB, a multilateral lender which…