What’s next for Saudi sovereign wealth fund?
It’s been a year of aggressive dealmaking for Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, or PIF. …
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Bank Muscat’s Izdihar extends GCC footprint
Bank Muscat’s Izdihar Real Estate Fund (Izdihar) announced that it has acquired Binghatti Vista and Binghatti Sapphires, two premium residential…
Dubai's Tabarak Investment Capital signs commodity trading agreement
Dubai-based investment bank Tabarak Investment Capital has signed an agreement with Elite Petro & Gas, a company owned by Kuwaiti…
More than just technology
Krishnan Gopi, Chief Disruption Officer, GEMS Education, is a seasoned Technology professional with two decades of International experience across five…
ADIB profit rises 4.5% to Dh589.5m in third quarter
Abu Dhabi Islamic Bank on Monday reported a 4.5 per cent year-on-year increase in 2018 third-quarter net profit to Dh589.5…
Oman mandates banks for 7-year dollar sukuk sale
The government of Oman has hired banks to arrange a global investor call ahead of a planned sale of dollar-denominated…
National Bank of Bahrain seeks to buy shares in rival
National Bank of Bahrain is weighing an acquisition of shares in Bahrain Islamic Bank, the company said in a disclosure…
Serious Fraud Office presses for criminal charges to be reinstated against Barclays
The high street bank and four former executives were charged with conspiracy to commit fraud and the provision of unlawful…
NBK Capital showcases digital revolution in banking industry
Attended by financial institutions and international banking industry experts from around the world, NBK Capital took part in Global Finance’s…
FAB's profit up 12% on loans, advances
First Abu Dhabi Bank, UAE's largest bank by assets, reported on Monday 12 per cent growth in net profit to…
Bahrain Fintech Bay launches Islamic finance centre
Bahrain FinTech Bay (BFB) has launched the Global Islamic & Sustainable FinTech Center (GISFC) with local, regional and international members…
AAIB opens six new branches in Greater Cairo, governorates, aims to increase number to 100
The Arab African International Bank has opened six new branches since the start of this year within the framework of…