AlixPartners to oversee AGHF's separation from Abraaj Group
Gobal consulting firm AlixPartners said it has been appointed by investors of the Abraaj Growth Markets Health Fund (AGHF) to…
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Qatar and Turkey Central Banks Sign Swap Agreement: Qatar Central Bank
Qatar and Turkey's central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar's…
UAE companies' debt set to spike with new IFRS accounting rules
Most companies in the UAE are not ready for the International Financial Reporting Standards and those firms which are into…
Trade between Hong Kong, UAE hits $4.63bln in H1 2018
Trade between the UAE and Hong Kong fell to $4.7 billion (Dh17.3 billion) in the first half of 2018 mainly…
Shuaa Capital seeks licence to manage IPOs
Investment bank Shuaa Capital on Sunday called a shareholders' meeting to seek approval for share buyback and also to initiate…
The Effects of Expats’ Departure on Real Estate Market in Kuwait
A number of real estate experts affirmed that the recent departure of a large number of expatriates from the country…
Push to set up banking arbitration
Bahrain Association of Banks (BAB) held a meeting with the Justice, Islamic Affairs and Endowments Ministry to review its project…
GCC trio in talks to drive regional fintech industry
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing…
Islami Bank plans to open representative office in Dubai
Islami Bank Bangladesh has recently sought regulatory approval to set up a representative office in Dubai to facilitate trade and…
Other UAE banks attract attention as Emirates NBD extends falls
Emirates NBD shares fell on Wednesday, extending losses for the eighth session, as traders shifted to other banks like Dubai…
Qatar to invest $15b in Turkey's financial markets and banks
Qatar pledged $15 billion of investment in Turkey that will be channeled into Turkish financial markets and banks, a government…
National Bank of Bahrain in talks to increase its stake in BIB
National Bank of Bahrain is in talks to buy Islamic Development Bank’s entire stake in the Sharia-compliant Bahrain Islamic Bank…