Combating financial crime
Banks around the world are spending billions to improve their financial crime management. Yet the number of fines and sanctions…
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Kuwait central bank approves Warba Bank’s $500mln sukuk issue
Kuwait-based Warba Bank has obtained the Central Bank of Kuwait’s (CBK) preliminary approval to issue sukuk at a value not…
Top International Business Lawyer Joins Kalbian Hagerty
Kalbian Hagerty has announced that Mark H. Tulloss has joined the firm’s UAE office as Senior Counsel. Mr. Tulloss…
Saudi Alfanar Group to expand UK operation through investment into renewable energy sector
The Alfanar Group, one of Saudi Arabia’s largest industrial conglomerates, has announced that it will set up a renewable energy…
Cayman Islands Partner Relocates to Walkers Dubai
Walkers has announced that Cayman Islands partner Barnaby Gowrie has relocated to Dubai to lead the Insolvency and Dispute Resolution…
Cyprus based firm acquires ME financial planning and wealth management company
Rapidly-growing financial services firm confirms UAE acquisition Terms and conditions of buy-out agreed with Mondial (Dubai) LLC Move marks ‘exciting…
Emirates Islamic announces H1 2019 financial results
Emirates Islamic announced its financial results for the period ending June 30, 2019. The Bank reported a net profit…
FAB proposes removing foreign ownership cap
First Abu Dhabi Bank’s (FAB) Board of Directors has proposed removing a limit on the foreign ownership limit in its…
10 money hacks before you travel abroad this summer
Residents in the UAE are travelling more and more. And they’re spending more money when they’re away too. Indeed, the…
Early rally fizzles out for Emirates NBD shares
An early rally seen in shares of Emirates NBD and Dubai Islamic Bank fizzled out at the end of trading…
Oman's Khazaen Economic City unveils Phase I masterplan
Khazaen Economic City master developer of the new 52-million-sq-m integrated economic city in the Barka area of Oman, has unveiled…
Kazakhstan, UAE trade ties on solid growth trajectory
The bilateral trade ties between Kazakhstan and the UAE is marching ahead and is on a solid growth trajectory as…