All Articles

FinTech

Temenos further strengthens relationship with Arab Bank for Investment and Foreign Trade (Al Masraf)

November 6, 2018

The Temenos Learning Community Engine will offer Arab Bank for Investment and Foreign Trade (Al Masraf) a one-stop-shop to accelerate…

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Hedge Funds & Alternative Investments

IDB to sell $567m Sukuk

November 6, 2018

The Islamic Development Bank  is selling euro-denominated Sukuk, which is expected to be EUR 500 million ($567 million) in size,…

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Awards and Recognition

Global Finance names Boubyan Bank as Best Islamic Digital Bank globally For the Fourth Year in A row

November 6, 2018

Boubyan Bank added a new achievement to its global awards by receiving the Best Islamic Digital Bank Award, globally, for…

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Executive Moves

Neuberger Berman hires BlackRock’s Meijaard to advisory role

November 6, 2018

Investment manager Neuberger Berman has appointed former BlackRock executive Leen Meijaard as a senior adviser as of 1 November.  …

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Islamic Finance

First Abu Dhabi Bank launches new brand for Islamic business

November 6, 2018

First Abu Dhabi Bank, FAB, today announced that it is launching a new FAB Islamic logo inspired by the FAB…

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Comment & Analysis

Kuwait central bank studying potential KFH-AUB merger- Al Arabiya TV

November 6, 2018

Kuwait’s central bank is studying the “added value” that could arise from a potential merger between Kuwait Finance House and…

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FinTech

Deutsche Bank’s DWS Group Takes Stake In Dubai Fintech Firm Neo Technologies

November 6, 2018

European asset manager DWS Group, which is majority-owned by Deutsche Bank and has $789 billion under management, is acquiring a…

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Financial Results

Global reports USD 37.4 million revenues

November 6, 2018

Global Investment House has announced its financial results for the 9 Months ended 30 September 2018 reporting a net profit…

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Executive Moves

Citigroup appoints head of EMEA investment banking

November 6, 2018

Citigroup Inc (NYSE: C) named Philip Drury to run its London-based banking, capital markets and advisory business across Europe, the…

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Financial Results

Bahrain Islamic Bank (BisB) Achieves 6.9 Million Dinars in 9 months

November 6, 2018

Bahrain Islamic Bank has announced a net profit of BHD 6.9 million during the nine months ending this year, after…

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Islamic Finance

UAE banking giant FAB rebrands Islamic arm

November 6, 2018

First Abu Dhabi Bank (FAB), the UAE’s largest bank, has announced that it is launching a new brand for its…

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Hedge Funds & Alternative Investments

These UAE sectors will not get 100% foreign ownership under new law

November 6, 2018

The long-awaited 100 per cent foreign ownership law has come in to effect in the UAE following its publication in…

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