ENBD to hire banks for rights issue
Dubai’s biggest bank is close to appointing Citigroup Inc. and Morgan Stanley to manage a rights share offering of as…
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Stakeholders expect Ruler's new initiative to balance market, boost economy
Many stakeholders in Dubai’s real-estate market have hailed the recently established higher committee, which they hope will trigger initiatives to…
UAE's Shuaa Capital to sell non-core businesses to IHC subsidiary
Shuaa Capital will sell SHUAA Securities brokerage and market-making businesses in the UAE to IHC RSC, pending regulatory approvals. …
Stephenson harwood recruits MEA partner from Winston & Strawn
Law firm Stephenson Harwood LLP has strengthened its dispute resolution practice with the appointment of Nick Sharratt as a partner…
CrediMax partners with payment international enterprise (PIE) to incorporate maxwallet QR payments
CrediMax and Payment International Enterprise have recently partnered up to allow MaxWallet QR payments to be accepted on all PIE…
Aventicum Capital expands Qatar presence
Aventicum Capital Management Qatar the asset manager jointly established by Credit Suisse and the Qatar Investment Authority has acquired selected…
Japan offers an illuminating view of Saudi's Vision 2030
Lebanon-born, British-educated, working for a Japanese bank in the Middle East — Tarek Fadlallah’s life and career reads like a…
DFM and its listed companies in the limelight at HSBC's Global Emerging Markets Investor Forum in London
The Dubai Financial Market has successfully participated in the Global Emerging Markets Investor Forum. The DFM and its listed…
UAE residents still aren't benefiting from lower rents
More than 70% of UAE residents are still paying the same or a higher rent for their home than twelve…
Whistleblower says bank has blood on its hands: RAF veteran claims Standard Chartered helped Iran terrorists, ahead of court battle
Embattled financial giant Standard Chartered faces a high-profile court battle that will lay bare allegations it helped facilitate deadly attacks…
Islamic finance contracts estimated to reach $2.5tn by end of 2019, says Qicca official
The value of Islamic finance contracts is estimated to reach $2.5tn by the end of 2019 and is expected to…
Egypt's Fawry eyes UAE deal, Saudi and Kuwaiti markets
Egyptian digital payments company Fawry plans to expand into the United Arab Emirates by the end of the year and…