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Islamic Finance

‘Specialised Islamic banks’ to help attract more global businesses to Qatar

February 6, 2020

Islamic banks specialising in specific sectors could help bring more international companies to the country, Qatar Financial Centre CEO Yousuf…

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Comment & Analysis

Exclusive: HSBC to axe senior managers in strategy shift – sources

February 6, 2020

HSBC is set to unveil a new round of job cuts targeting senior international managers and reduce its presence in…

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Financial Results

Bank AlJazira profits up 162% in 2019

February 6, 2020

Bank AlJazira reported an increase in net profit by 161.96% last year, as shown by its annual financial results for…

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Awards and Recognition

SABB named top trade finance bank in Saudi

February 6, 2020

SABB has been recognized for the first time by Euromoney as “Best Service Trade Finance” in Saudi Arabia, highlighting the…

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Hedge Funds & Alternative Investments

Mubadala said to be in talks to buy Jadwa's UAE healthcare assets

February 6, 2020

Mubadala Investment Co is in talks to buy Jadwa Investment Co’s healthcare assets in the United Arab Emirates, according to…

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Islamic Finance

Kuwait's Boubyan Bank hires arrangers for dollar sukuk

February 6, 2020

Kuwait’s Boubyan Bank has hired international and regional banks to arrange the issuance of five-year U.S. dollar-denominated sukuk, a document…

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Financial Results

Dubai’s CBD reports 20.5% profit increase on higher revenue

February 6, 2020

Commercial Bank of Dubai reported a 20.5 per cent increase in its full-year net profit for 2019 on the back…

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Extremely Wealthy

HSBC launches Jade, a special bank account for millionaires

February 6, 2020

HSBC UAE has launched Jade, a new bank account designed for high networth individuals.   “Research conducted by HSBC shows…

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Comment & Analysis

Building green economies impactful, sustainable and responsive, says Doha Bank CEO

February 6, 2020

Islamic finance has the potential to play a crucial role in supporting the implementation of Sustainable Development Goals, Doha Bank…

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Hedge Funds & Alternative Investments

Developing a first-of-its-kind mangrove park for UAE

February 6, 2020

Recently opened by Modon Properties, the Jubail Mangrove Park, attracted thousands of visitors on its opening weekend.   GHD provided…

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Hedge Funds & Alternative Investments

UAE businesses optimistic about resilient economy

February 6, 2020

The global economy is certainly bearing the headwinds with China's coronavirus outbreak, India is facing a slowdown, Brexit is here…

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Financial Results

Dubai Investments posts $179mln profit in 2019

February 6, 2020

Dubai Investments has said that its annual net profit increased to Dh657.55 million ($179 million) last year compared to Dh651.43…

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