UAE partners with 3 Chinese financial institutions
Etihad Credit Insurance (ECI), the UAE federal credit insurance company has signed strategic agreements with China Export and Credit Insurance…
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IHG strengthens midscale portfolio in Dubai with signing of Holiday Inn Dubai Deira Islands
IHG has signed a management agreement to develop a new Holiday Inn hotel at the upcoming 'Dubai Deira Islands', the…
Top 10 Largest Sovereign Wealth Funds In The World
Sovereign wealth funds are investment vehicles owned by governments. They invest in a wide range of financial assets such as…
Noor Bank reports Dh410 million H1 2019 net profit
Noor Bank, a Shariah-compliant bank has announced a record net profit of Dh410 million in H1 2019, notching up a…
EIB to halt Turkey government-linked lending till year-end
The European Investment Bank will not do any new lending in Turkey linked to the government until at least the…
Oman hires banks for dual-tranche dollar bond
The government of Oman has hired banks ahead of a potential issue of U.S. dollar bonds, its first this year,…
Sharjah Islamic Bank's Net Profit Rises to 291 Million During the First Half of 2019
Sharjah Islamic Bank achieved a net profit of AED 290.5 million during the first half of 2019 compared to AED…
ESIC issues $600mln sukuk
On 23 July 2019, Emirates Strategic Investments Company 100% owned by His Highness Sheikh Mansour Bin Zayed Al Nahyan, rated…
Bank ABC and Emirates NBD capital launch
National Bank of Oman has mandated Bank ABC and Emirates NBD Capital Limited to arrange on its behalf a USD…
Green energy getting a boost from Islamic finance
As demand for green and sustainable energy sources continues to grow around the world – owing to a better understanding…
UAE GDP growth 'remains well oriented', says Natixis
The GDP growth of the United Arab Emirates remains strong, even after a year of modest activity off the back…
Al Khaliji posts half yearly net profit of QR352mn
Al Khaliji chairman and managing director Sheikh Hamad bin Faisal bin Thani al-Thani said, “We are pleased to report another…