Heera Ponzi scheme victims welcome charge sheet against CEO
Heera Group Ponzi scheme victims in the UAE have welcomed the charge sheet filed against the company’s CEO in India…
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Egypt postpones $6.6bn repayment to Saudi Arabia
The Central Bank of Egypt yesterday announced the postponement of the repayment of three Saudi deposits worth $6.6 billion for…
UAE workers facing retirement time bomb
Workers across the Middle East are potentially sleepwalking into poverty in their retirement because they are too reliant on the…
Jury to hear groundbreaking charges against top UK bankers
More than a decade after Barclays turned to Middle Eastern investors for rescue funds during the financial crisis, a jury…
HSBC earns most investment banking fees
Middle Eastern & North African investment banking fees totalled an estimated $1.1bnn during 2018, 4 percent more than the value…
Dubai Islamic Bank successfully closes AT1 Perpetual Sukuk
Dubai Islamic Bank, rated A3 by Moody's (stable) and A by Fitch (stable), successfully closed a USD 750 million Additional…
Syria is ready to court investors, but Europe wants to prevent that
As Syria courts investors to rebuild its war-shattered cities, it may find a fresh round of European sanctions standing in…
Coinbase Targets High-Volume Investors In Asia And Europe, Adds SWIFT Support
Major crypto exchange Coinbase continues its relentless expansion with yet another feature targeting large-scale crypto traders. The U.S.-based digital…
KFH- Capital arranges $1.6bn sukuk issuances for FAB and DIB
Chief Investment Banking Officer at KFH Capital, an investment arm of KFH Group “KFH”, Abdullah Al-Haddad said that KFH Capital…
Egyptian group Orascom to expand across sub-Saharan Africa, Togo included
Orascom, the group owned by Egyptian business mogul Naguib Sawiris, Africa’s richest person according to Forbes, plans to invest in…
ABK honored with two awards at IFM Awards 2019 in Dubai
Al-Ahli Bank of Kuwait was honored with two awards at the recently held International Finance Magazine Awards 2019 in Dubai,…
KFH, Al-Ahli banks merger to begin
Kuwait Finance House has notified the Central Bank of Kuwait and Capital Markets Authority about its Board of Directors meeting…