Citi Private Bank adds three to EMEA investments teams
Citi Private Bank has announced three new appointments to its Europe, Middle East and Africa investments teams. Mickael Defarge…
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Investors are talking about a Turkish turnaround
On the third floor of the Langham Hotel in midtown Manhattan, roughly 30 investors from about as many firms convened…
Qatar's Al Khaliji 2018 net profit up 10.5% to $167mln
Qatar-based Al Khalij Commercial Bank has posted a net profit of QR608 million ($167 million) for the year ended 31…
Qatar Muscles in on Saudi Arabia With Lebanon Investment
Qatar pledged Monday to shore up Lebanon’s ailing economy by buying $500 million’s worth of governments bonds, a move that…
SAMA receives requests to open digital, traditional banks
The Saudi Arabian Monetary Authority (SAMA) has received requests to open digital and traditional banks, Saudi Press Agency (SPA) reported,…
Dubai Islamic Bank lists $750 million sukuk on Nasdaq
Nasdaq Dubai welcomed on Tuesday the listing of a S$750 million sukuk by Dubai Islamic Bank, (DIB). It is…
Dubai property developers put bond plans on hold: Sources
Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue US dollar-denominated bonds, Emaar and sources…
UAE Banks Federation outlines plans to combat cheque fraud
UAE Banks Federation (UBF) in coordination with UBF IT Committee, hosted today (January 22, 2019) a workshop dedicated to UBF…
DIB’s Mudarbak Sukuk Certificates oversubscribed
Dubai Islamic Bank Pakistan Limited announced the issuance of fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible…
Emirates NBD encourages UAE citizens and residents to give in to giving
Emirates NBD is calling on citizens and residents to ‘give in to giving’ by sharing videos of themselves giving to…
UAE Fintech Startup Rise Aims To Democratize Access To Essential Financial Services
According to Migrant-Rights.org, a GCC-based advocacy organization advancing migrant rights, more than 750,000 domestic workers work in the UAE. …
Standalone UAE Islamic banks unlikely to merge: analysts
Standalone Islamic banks in the United Arab Emirates are unlikely to merge among themselves while the overall banking sector moves…