Egyptian asset manager Rasmala bought by Italy's Azimut
Italian asset management company Azimut has agreed a deal to buyout one of Egypt’s biggest independent asset management firms, Rasmala…
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HSBC opens new $250m headquarters in Dubai
HSBC Bank has announced the official opening of its new UAE headquarters built at an investment of $250 million at…
Nasdaq Dubai launches Saudi equity futures
Nasdaq Dubai on Wednesday launched futures trading on 12 Saudi companies' shares with a combined market capitalisation of $212 billion…
Dubai Islamic Bank hires banks in preparation for Islamic bonds issue
Dubai Islamic Bank has hired a raft of lenders to arrange fixed income investor meetings ahead of a potential issuance…
Saudi private jet industry stalls after corruption crackdown
A crackdown on corruption in Saudi Arabia has severely dented the kingdom's private jet industry in a sign of the…
Too many expats in UAE still view advisers as untrustworthy
The financial advisory community in the UAE is embarking on a new course in 2019 in line with the fast-changing…
Data Protection Predictions 2019
2018 was a landmark year for data protection and privacy; the EU General Data Protection Regulation (“GDPR“) came into effect…
First Abu Dhabi Bank: Proving its worth
Success stories spawn imitators. Such is the case with First Abu Dhabi Bank (FAB), the large Emirati financial institution formed…
Qatar National Bank raising 2 billion euro loan – LPC
Qatar National Bank (QNB) , the largest bank by assets in the Middle East and Africa, is raising a 2…
Why Gulf Banks Are Merging Like Never Before
Lenders in the Persian Gulf have been rapidly consolidating as they seek to stay competitive in an era of lower…
Qatar National Bank selects iGTB plaform for digital growth plan
Qatar National Bank has named Intellect Global Transaction Banking, from fintech Intellect Design Arena Ltd,. to implement a digital cash…
UAE to grow 3% in 2019: WB
The UAE's gross domestic product (GDP) will maintain its strong growth in 2019 and the next two years, helped by…