Abraaj asked to vacate a DIFC office by end of the month
Abraaj, once the biggest private equity firm in the Middle East, has been asked to vacate an office in Dubai's…
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Saudi Sovereign Fund Plans to Build 'Riviera of the Middle East
Saudi Arabia’s sovereign wealth fund plans to build an "ultra-luxury" destination for international tourists in addition to two other mega-projects…
NBO’s bond issuance oversubscribed
National Bank of Oman has successfully issued five-year senior unsecured US$500 million notes as part of its updated and upsized…
Dubai world's first city to enable investors to start business from remote locations
In another first, investors globally will now be able to start their business in Dubai without having to be in…
DFSA signs FinTech Agreement with Japan’s Financial Services Agency
With its continued efforts to encourage the adoption of technological advancements in the market, the Dubai Financial Services Authority (DFSA)…
Turkey is ready to support its banks, if needed: Albayrak
The Turkish government is ready to provide required support to its banks should the need arise due to recent developments,…
Al Ahli Bank of Kuwait Marks Its First International Capital Markets Issuance
Al Ahli Bank of Kuwait K.S.C.P. (ABK) today priced a highly successful $300 million bond, marking the first international capital…
FaceOf: Homam Hashem, CEO of Saudi Arabia's Kafalah Fund
Homam Hashem is the chief executive officer at the Kafalah Fund, a financing guarantee program for small- and medium-sized enterprises.…
UAE high-flyers launch financial products comparison platform
Two former senior Citibank executives who left to set up an insurance broker business have launched a platform to enable…
World Finance announces winners of Wealth Management Awards 2018
Wealth management is already an extremely important part of the financial services industry, but recent developments suggest that the sector…
Global Finance names KFH the safest Islamic bank in GCC 2018
Global Finance Magazine has named Kuwait Finance House (KFH) the safest Islamic bank in the GCC for the year 2018. …
Saudi Arabia-based ICD extends Islamic financing to Uzbek banks
The Saudi Arabia-based Islamic Corporation for the Development of the Private Sector (ICD) has signed sharia-compliant financing agreements with six…