Exchange companies complain to CBK local banks refusal to open accounts
Some financial institutions and exchange companies that buy and sell currencies in the local market have complained to the Central…
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Consumer spending in Islamic economy sectors totals $2.2 trillion
Dubai Islamic Economy Development Centre, has announced the results of the State of the Global Islamic Economy Report 2019/20. …
Bank of America hires First Investment Bank head in Saudi Arabia
Bank of America Corp. hired Saud Al Tassan to head investment banking in Saudi Arabia, according to people familiar with…
FinTech fast track
The Economic Development Board has announced a “fast track setup process for start-ups globally looking to take advantage of the…
Islamic Development Bank to raise $500m via debut green sukuk
The Islamic Development Bank is planning to launch its first green sukuk this month, having finalised a Sustainable Finance Framework…
CMS adds further weight to ICE Disputes team in Dubai
CMS has announced the appointment of Greg Sibbald as a Legal Director in the firm’s Infrastructure, Construction and Energy Disputes…
Banks gear up for Aramco’s digital IPO
Aramco yesterday issued guidelines on the private tranche of the IPO, which said: “Individual investors who have recently participated in…
MENA's Smartcrowd real estate investments platform graduates from DFSA's ITL; obtains full license
SmartCrowd Limited has announced that the company has fulfilled all regulatory requirements and graduated to a full license from the…
Liechtensteinische Landesbank moves to the DIFC
Liechtensteinische Landesbank AG has officially inaugurated its new DIFC office after being granted a license to operate as a Financial…
Qatar- Commercial Bank wins two key accolades at Asian Banker's Awards 2019
For the fourth year in a row, Commercial Bank has won two awards at The Asian Banker's Banking Awards 2019,…
Boursa Kuwait approves Zagtrader for its market making solution
ZagTrader has formally announced that it is the first platform to be fully certified by Bourse Kuwait as per to…
UAE's Finablr posts 9% increase in 9-month adjusted income
Finablr, the UAE payments and foreign exchange holding company, posted a 9 per cent increase in adjusted income for nine…