Qatar sells triple-tranche jumbo bond to boost $12 billion
Qatar sold $12 billion in bonds on Wednesday, and drew around $50 billion in demand – the largest order book…
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QCB governor attends GCC meeting in Oman
HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saoud al-Thani took part in the 72nd Meeting GCC Committee…
Bond backlash shows time is running out for Lebanon
The market’s memory is so short when it comes to Lebanon that a few weeks of government inaction all but…
EBRD weighs up Africa development push
Created in 1991 at the end of the Cold War, the original mandate of the London-based European Bank for Reconstruction…
ADCB and UNB shareholders greenlight mega-merger
Shareholders of Abu Dhabi Commercial Bank and Union National Bank have given their approval for a merger of the two…
Ride-hailing company ‘received preliminary approval’ for licensing process before being told to shutter operations
Jeeny, a smartphone application for ride sharing, on Thursday said they had been facing problems getting their licensing requirements approved,…
Agorai appoints Sultan Abu Sultan as Middle East Lead
AI specialist Agorai has appointed Sultan Abu Sultan as Middle East Lead, to oversee all operations in the region. …
Some UAE residents' credit, debit cards suspended for failing to update Emirates ID details, banks confirm
Banks in the UAE have suspended the accounts of customers who failed to update their Emirates ID details last month,…
Technology is eating jobs, banking sector under pressure: Islamic finance expert
Warnings about the impact of tech on existing patterns of employment was one of the highlights of the discussions at …
CBD partners with Takaful Emarat
Commercial Bank of Dubai (CBD) recently commemorated its partnership with Takaful Emarat in providing payments and cash management solutions. …
Commercial Bank looks to further uplift future business performance
Commercial Bank shareholders have given approval for fresh debt issuances by the bank, which will renew and replace its debts…
QIB successfully completes issuance of $750mn sukuk
*The sukuk was met with strong investor demand as evidenced by the large orderbook which closed at $3.1bn, representing an…