Sukuk issuance to reach $100bn in 2018: Moody’s
Global sukuk issuance is expected to reach $90-$100 billion in 2018, in line with 2017 levels, says Moody's Investors Service…
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Bahrain Islamic Bank inks Fontana Project finance deal
Bahrain Islamic Bank (BisB) said it has signed a joint venture agreement with Royal Ambassador Property Management, a real estate…
ADCB confirms merger talks with UNB, Al Hilal Bank
Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) both confirmed on Tuesday that they are in early talks…
Dubai's Emirates Investment Bank to strike new deals in GCC: CEO
Mubasher: Emirates Investment Bank (EIBank) is working on completing new investment transactions in the GCC states in different sectors, namely…
Oman Arab Bank Appoints Musafir as CEO
The board of directors of Oman Arab Bank (OAB) announced the appointment of Rashad Ali al Musafir in the position…
UAE Central Bank board holds a review meeting
The Board of Directors of the Central Bank of the UAE (CBUAE) has reviewed a memo regarding the ‘Macro Prudential…
Turkey's Albayrak says central bank independent, sees no crisis in banking sector
Turkey’s central bank is independent of government and will take all necessary steps to combat inflation, Finance Minister Berat Albayrak…
QDB fetes partner banks for SME support
Qatar Development Bank (QDB) honoured four banks yesterday during the ‘Best Partner Bank’ award ceremony for supporting small and medium-sized…
The Global CIO Office Weekly
Emerging Markets - Not Wholly Bad News President Trump’s trade wars continue to trouble the emerging markets Stronger…
Abu Dhabi Confronts Glut of Banks With Three-Way Merger Plan
Abu Dhabi is engineering a second bank merger in its latest attempt to stay competitive in the era of lower…
Arab Jordan Investment Bank wraps blockchain PoC
ICS Financial Systems (ICSFS) has been working with Arab Jordan Investment Bank (AJIB) on a blockchain proof of concept (PoC).…
Robo-Advisor Startup Sarwa Raises $1.3 Million In Funding From Regional And International VC Firms
Sarwa, a Dubai-based automated investment advisory platform, has raised $1.3 million in its latest round of pre-Series A funding from…